Miami Home Values
The eppraisal index for Miami, Florida, which tracks the
median sale price of homes in the area,
states that the median sales price
for single family residences in June 2008 has
decreased by 4% to
$275,000 from May
2008.
Miami, FL
Miami (pronounced ma¦E^AÝmi or ma¦E^AÝmT) is a global city in southeastern Florida in the United States. Miami is the county seat of Miami-Dade County the most populous county in Florida. With a population of over 404 048 Miami is the largest city within the Miami metropolitan area which is the fourth-largest urban area in the United States with over 5.59 million residents.[3],Miami is ranked as a global city[4] for its importance in finance commerce media entertainment arts and international...
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The index trending graph reveals the change in the median sales price
during the past 12 months for Miami, Florida. This graph shows that
in the past 12 months, the median sales price of homes has
decreased overall by $71,000.
The sales price graph displays how real estate sales prices are distributed
in Miami, Florida.
For example, the highest percentage of homes sold in June 2008
sold for
above $132,000
,
23% of all sales. If you are looking to
purchase a house in a specific price range, this graph can help you determine
what percentage of homes in Miami, Florida may fall within this range. It
can also be useful if you are a seller and are trying to figure out what price
range most homes are sold for. It can give an indication if the market is receptive to
purchases in the range your home value falls in.
Find a proFind a local real estate professional who understands this market.
This site uses data obtained from numerous public sources. Some areas of the country provide us with different levels of information. It is presented on an 'as is, as available' basis. This site makes no warranties, expressed or implied without limitation, to the information provided, nor is responsible for any errors or omissions. This valuation is NOT an appraisal. User acknowledges that this product is a technology report, a product of an automated valuation technology analysis. This information is compiled from public documents and is not guaranteed. No human interaction or inspection goes into the final results and analysis.