Real Estate Market Update for 33132 (Miami, FL)
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Welcome to January's Market Update. Let's take a look at residential real-estate activity in your area during the month of January. The number of active listings was up 2% from one year earlier and down 2% from the previous month Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month... was 470-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 7% This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 350-thousand dollars. The number of units sold Decreased 8% year-over-year and Decreased 20% month-over-month Fewer sales may be indicating more opportunity for buyers to negotiate better sales terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 33132 (Miami, FL)
Area Information for 33132 (Miami, FL)
  • Community Character: Very Rapid Population Growth, High Residential Turnover, Coastal Area
  • Population: 13,062
  • Median Age: 40.33 yr
  • Median Commute Time: 18.4 mins
  • Educational Climate*: 5
  • Recycling Likelihood**: 86
  • Sales Tax: 7%
  • Population Density: 7,313/sq mi
  • Population Change Since 2000: 165%
  • Closest Airport: Miami International
  • Closest College: Miami Intl Univ Art-design
  • Closest Jr. College: Miami Dade College
  • Median Household Income: $46,838
  • Annual Residential Turnover: 25.42%
  • Median Years in Residence: 2.05 yr
  • Median Home Sales Price: $275,000
  • Closest Major Sports Team: Miami Heat
  • Change Avg. Household Income Since 2000: 102%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for 33132 (Miami, FL)
Median Age: 40.33 Married: 16% Number of Households: 6,826 Households with Children: 762
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 33132 (Miami, FL)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Pre-k Early Intervention Prog 0.3 mi Public PRESCHOOL-PRESCHOOL 0 0
      Headstart Transition 0.3 mi Public PRESCHOOL-PRESCHOOL 0 0
      Miami-dade Virtual High School Franchise 0.3 mi Public 9-10 0 0
      District Summer Center H 0.3 mi Public K-12 0 0
      Ipreparatory Academy 0.3 mi Public 9-10 5 0
      Miami-dade Online Academy 0.3 mi Public K-12 2 0
      Women In Need Of Greater Strength /wings 0.3 mi Public 6-12 0 0
      Dade Marine Institute-north 0.3 mi Public 6-12 0 0
      Dade Marine Institute-south 0.3 mi Public 6-12 0 0
      Miami-dade County Public Schools Primary Learning 0.3 mi Public PRESCHOOL-3 0 0
      School For Advanced Studies-wolfson 0.6 mi Public 11-12 0 4
      New World School Of The Arts 0.6 mi Public 9-12 4-5 5
      Aspira Eugenio Maria De Hostos Youth Leadership Charter School 0.7 mi Public 6-8 2-5 4
      Miami Children's Museum Charter School 0.8 mi Public K-6 4 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics 2014
      Local Weather for 33132 (Miami, FL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.