Real Estate Market Update for 33132 (Miami, FL)
Welcome to February'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 9% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a greater selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was 480-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 14%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 310-thousand dollars. The number of units sold decreased 50% year-over-year, and decreased 36% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better 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.
Show Transcript
Map Information for 33132 (Miami, FL)
Area Information for 33132 (Miami, FL)
  • Population: 12,918
  • Median Age: 36.44 yr
  • Median Commute Time: 21 mins
  • Educational Climate*: 5
  • Sales Tax: 7%
  • Population Density: 7,662/sq mi
  • Population Change Since 2000: 199.52%
  • Closest Airport: Miami International
  • Closest College: Miami International Univ Of Art-design
  • Closest Jr. College: Ati Career Training Center
  • Median Household Income: $81,453
  • Annual Residential Turnover: 33%
  • Median Home Sales Price: $346,500
  • Closest Major Sports Team: Miami Heat
  • Change Avg. Household Income Since 2000: 142.42%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 33132 (Miami, FL)
Median Age: 36.44 Married: 26% Number of Households: 6,957 Households with Children: 609
    • 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
      Pk Early Intervention Program 0.3 mi Public PRESCHOOL-PRESCHOOL 0 0
      Prek Intervention 0.3 mi Public PRESCHOOL-PRESCHOOL 0 0
      Miami Dade Online Academy 0.3 mi Public K-12 0 0
      Miami-dade Virtual High School Franchise 0.3 mi Public 9-10 0 0
      Primary Learning Center 0.3 mi Public PRESCHOOL-4 5 5
      I Preparatory Academy 0.3 mi Public 9-12 5 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
      School For Advanced Studies-wolfson 0.6 mi Public 11-12 5 4
      New World School Of The Arts 0.6 mi Public 9-12 5 5
      Bridgeprep Academy Charter School 0.7 mi Public K-5 2-5 3
      Aspira Eugenio Maria De Hostos Youth Leadership Charter School 0.7 mi Public 6-8 0 4
      Miami Children's Museum Charter School 0.9 mi Public K-5 4-5 4
      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: and Onboard Informatics © 2015
      Local Weather for 33132 (Miami, FL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 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.