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Wednesday, November 6, 2024

Miami Gardens home prices rise in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Miami Gardens rose by $9,950 while total sales decreased by 11.7%, according to BlockShopper.com.

From July through September of 2019, there were 417 homes sold, with a median sale price of $220,500 - a 4.7% increase over the $210,550 median sale price for the same period of the previous year. There were 472 homes sold in Miami Gardens in the third quarter of 2018.

The median sales tax in Miami Gardens for the most recent year with available data, 2015, was $2,063, approximately 0.9% of the median home sale price for the third quarter of 2019.

The following table compares Miami Gardens to other Miami-Dade County cities with similar median sales prices in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Hialeah Gardens4050-20%$232,500$234,000-0.6%
Sweetwater211723.5%$225,000$196,00014.8%
North Bay Village70674.5%$221,750$230,000-3.6%
North Miami Beach163307-46.9%$221,000$127,80072.9%
Hialeah478492-2.8%$220,900$216,0502.2%
Miami Gardens417472-11.7%$220,500$210,5504.7%
West Perrine393125.8%$215,000$146,50046.8%
North Miami227264-14%$210,000$183,00014.8%
Homestead3773459.3%$188,500$185,0001.9%
Hialeah (unincorporated) 166186-10.8%$187,700$163,50014.8%
Brownsville675131.4%$185,000$171,0008.2%

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