Miami Beach Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $440,700
    4% ( $19,200 ) vs Apr 2016
  • Median Sales Price
    $332,650
    14% ( $40,150 ) vs Apr 2016
  • Median Foreclosure Sales Price
    $243,200
    11% ( $24,100 ) vs Apr 2016
  • Foreclosures 718
    Homes for Sale 1,701
    Recently Sold 468

Market Summary

There are currently 718 properties in Miami Beach, FL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 1,701.

In May, the number of properties that received a foreclosure filing in Miami Beach, FL was 6% higher than the previous month and 26% lower than the same time last year.

Home sales for April 2017 were up 98% compared with the previous month, and down 77% compared with a year ago. The median sales price of a non-distressed home was $332,650. The median sales price of a foreclosure home was $243,200, or 27% lower than non-distressed home sales.

Sales Prices - Miami Beach, FL




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$243,200 (Median Foreclosure Sales Price) $219,100 (Median Foreclosure Sales Price) $241,000 (Median Foreclosure Sales Price) $245,000 (Median Foreclosure Sales Price) $227,600 (Median Foreclosure Sales Price) $219,250 (Median Foreclosure Sales Price) $332,650 (Median Sales Price) $292,500 (Median Sales Price) $345,000 (Median Sales Price) $372,000 (Median Sales Price) $345,000 (Median Sales Price) $325,000 (Median Sales Price) $243,200 (Median Foreclosure Sales Price) $219,100 (Median Foreclosure Sales Price) $241,000 (Median Foreclosure Sales Price) $245,000 (Median Foreclosure Sales Price) $227,600 (Median Foreclosure Sales Price) $219,250 (Median Foreclosure Sales Price) $332,650 (Median Sales Price) $292,500 (Median Sales Price) $345,000 (Median Sales Price) $372,000 (Median Sales Price) $345,000 (Median Sales Price) $325,000 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
RealtyTrac's parent company, ATTOM Data Solutions, can supply you with this data through reports or a data license. Contact us now!

Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Miami
768
70.3
% (y-o-y)
$260,000
2.8
% (y-o-y)
26.2%
34.2
% (y-o-y)
Fort Lauderdale
260
86.9
% (y-o-y)
$229,750
14.9
% (y-o-y)
25.1%
29.0
% (y-o-y)
West Palm Beach
229
73.2
% (y-o-y)
$175,000
20.7
% (y-o-y)
14.3%
12.6
% (y-o-y)
Hollywood
147
84.4
% (y-o-y)
$250,000
12.4
% (y-o-y)
6.0%
14.6
% (y-o-y)
Lake Worth
141
71.1
% (y-o-y)
$189,950
20.2
% (y-o-y)
2.7%
5.8
% (y-o-y)
Pompano Beach
135
87.2
% (y-o-y)
$212,450
25.0
% (y-o-y)
22.3%
16.9
% (y-o-y)
Boca Raton
122
80.4
% (y-o-y)
$325,000
16.3
% (y-o-y)
24.3%
23.2
% (y-o-y)
Homestead
101
71.6
% (y-o-y)
$190,000
21.0
% (y-o-y)
12.9%
19.4
% (y-o-y)
Hialeah
77
76.9
% (y-o-y)
$212,500
11.8
% (y-o-y)
Data not available
Boynton Beach
76
82.3
% (y-o-y)
$230,000
12.2
% (y-o-y)
9.3%
26.5
% (y-o-y)

Local Info For Miami Beach

Population:
87,585
Cost of Living Index: 134.93
Crime Index: 187.46     Rating: C View crime details
Schools: 8    Average School Rating: B View individual school rating
Household Median Income: $43,538
Unemployment: 4.00%
Percentage of vacant homes: 34.52%

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