Miami Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $339,000
    3% ( $10,000 ) vs Nov 2014
  • Median Sales Price
    $220,000
    42% ( $65,000 ) vs Nov 2014
  • Median Foreclosure Sales Price
    $156,200
    4% ( $5,700 ) vs Nov 2014
  • Foreclosures 21,039
    Homes for Sale 8,582
    Recently Sold 26,985

Market Summary

There are currently 21,039 properties in Miami, FL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 8,582.

In December, the number of properties that received a foreclosure filing in Miami, FL was 18% higher than the previous month and 32% lower than the same time last year.

Home sales for November 2015 were up 913% compared with the previous month, and down 61% compared with a year ago. The median sales price of a non-distressed home was $220,000. The median sales price of a foreclosure home was $156,200, or 29% lower than non-distressed home sales.

Sales Prices - Miami, FL




Add this chart to your website.

$156,200 (Median Foreclosure Sales Price) $150,500 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $152,650 (Median Foreclosure Sales Price) $156,000 (Median Foreclosure Sales Price) $155,200 (Median Foreclosure Sales Price) $220,000 (Median Sales Price) $155,000 (Median Sales Price) $150,000 (Median Sales Price) $245,000 (Median Sales Price) $250,000 (Median Sales Price) $250,000 (Median Sales Price) $156,200 (Median Foreclosure Sales Price) $150,500 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $152,650 (Median Foreclosure Sales Price) $156,000 (Median Foreclosure Sales Price) $155,200 (Median Foreclosure Sales Price) $220,000 (Median Sales Price) $155,000 (Median Sales Price) $150,000 (Median Sales Price) $245,000 (Median Sales Price) $250,000 (Median Sales Price) $250,000 (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
Fort Lauderdale
880
42.7
% (y-o-y)
$172,800
0.2
% (y-o-y)
21.4%
19.9
% (y-o-y)
Pompano Beach
474
52.8
% (y-o-y)
$154,000
1.3
% (y-o-y)
15.6%
23.1
% (y-o-y)
Hollywood
454
41.0
% (y-o-y)
$182,500
1.4
% (y-o-y)
9.6%
13.5
% (y-o-y)
Homestead
281
4.1
% (y-o-y)
$140,000
14.2
% (y-o-y)
17.9%
6.2
% (y-o-y)
Hialeah
189
31.5
% (y-o-y)
$169,000
4.3
% (y-o-y)
11.2%
8.6
% (y-o-y)
Miami Beach
159
66.2
% (y-o-y)
$380,000
0.0
% (y-o-y)
33.4%
32.2
% (y-o-y)
Lake Worth
110
73.9
% (y-o-y)
$116,000
15.0
% (y-o-y)
Data not available
Boca Raton
107
78.9
% (y-o-y)
$174,100
30.4
% (y-o-y)
Data not available
Boynton Beach
90
74.6
% (y-o-y)
$150,000
16.7
% (y-o-y)
Data not available
Opa Locka
75
40.5
% (y-o-y)
$125,100
15.3
% (y-o-y)
3.2%
16.9
% (y-o-y)

Local Info For Miami

Population:
391,458
Cost of Living Index: 128.72
Crime Index: 270.13     Rating: D View crime details
Schools: 284    Average School Rating: B- View individual school rating
Household Median Income: $29,621
Unemployment: 5.70%
Percentage of vacant homes: 18.12%

Get FREE, unrestricted access for 7 days!
Enjoy FREE access and get:
Exclusive insight into the largest and most
up-to-date database
of foreclosures
Up to 50% savings on foreclosures
The inside scoop on foreclosure deals before
anyone else
Detailed and accurate property information
Online training videos on how to get the best
deals
(and avoid costly mistakes)