Miami Beach Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $445,000
    1% ( $5,000 ) vs Jun 2014
  • Median Sales Price
    $410,000
    9% ( $35,000 ) vs Jun 2014
  • Median Foreclosure Sales Price
    $220,000
    9% ( $21,400 ) vs Jun 2014
  • Foreclosures 2,667
    Homes for Sale 2,127
    Recently Sold 1,622

Market Summary

There are currently 2,667 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 2,127.

In July, the number of properties that received a foreclosure filing in Miami Beach, FL was 2% higher than the previous month and 30% higher than the same time last year.

Home sales for June 2015 were down 4% compared with the previous month, and down 6% compared with a year ago. The median sales price of a non-distressed home was $410,000. The median sales price of a foreclosure home was $220,000, or 46% lower than non-distressed home sales.

Sales Prices - Miami Beach, FL




Add this chart to your website.

$220,000 (Median Foreclosure Sales Price) $241,400 (Median Foreclosure Sales Price) $248,150 (Median Foreclosure Sales Price) $261,700 (Median Foreclosure Sales Price) $260,400 (Median Foreclosure Sales Price) $257,700 (Median Foreclosure Sales Price) $410,000 (Median Sales Price) $375,000 (Median Sales Price) $389,250 (Median Sales Price) $390,800 (Median Sales Price) $380,000 (Median Sales Price) $370,000 (Median Sales Price) $220,000 (Median Foreclosure Sales Price) $241,400 (Median Foreclosure Sales Price) $248,150 (Median Foreclosure Sales Price) $261,700 (Median Foreclosure Sales Price) $260,400 (Median Foreclosure Sales Price) $257,700 (Median Foreclosure Sales Price) $410,000 (Median Sales Price) $375,000 (Median Sales Price) $389,250 (Median Sales Price) $390,800 (Median Sales Price) $380,000 (Median Sales Price) $370,000 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
RealtyTrac 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
1,886
12.0
% (y-o-y)
$250,000
4.2
% (y-o-y)
37.9%
38.8
% (y-o-y)
Fort Lauderdale
1,163
27.9
% (y-o-y)
$184,000
5.1
% (y-o-y)
29.7%
30.9
% (y-o-y)
Hollywood
653
19.7
% (y-o-y)
$210,450
16.3
% (y-o-y)
26.6%
14.4
% (y-o-y)
Pompano Beach
596
29.7
% (y-o-y)
$172,100
14.7
% (y-o-y)
28.5%
24.7
% (y-o-y)
West Palm Beach
547
16.2
% (y-o-y)
$145,000
3.9
% (y-o-y)
32.1%
35.5
% (y-o-y)
Boca Raton
374
21.1
% (y-o-y)
$285,000
5.6
% (y-o-y)
21.4%
19.3
% (y-o-y)
Lake Worth
291
25.6
% (y-o-y)
$153,000
17.7
% (y-o-y)
24.8%
8.5
% (y-o-y)
Hialeah
273
2.6
% (y-o-y)
$180,000
9.1
% (y-o-y)
24.7%
18.2
% (y-o-y)
Boynton Beach
270
31.6
% (y-o-y)
$185,000
14.2
% (y-o-y)
24.1%
14.8
% (y-o-y)
Delray Beach
234
13.0
% (y-o-y)
$145,000
20.8
% (y-o-y)
26.7%
2.8
% (y-o-y)

Local Info For Miami Beach

Population:
87,585
Cost of Living Index: 134.93
Crime Index: 181.29     Rating: C View crime details
Schools: 8    Average School Rating: B View individual school rating
Household Median Income: $43,538
Unemployment: 4.70%
Percentage of vacant homes: 34.52%