Real Estate Market Update for 33139 (Miami Beach, FL)

Video: Real Estate Community Tour for 33139 (Miami Beach, FL)

See Real estate community tour for 33139 (Miami Beach, FL)
Welcome to December's Market Update. Let’s take a look at residential real-estate activity in your area during the month of November. The number of active listings was up 6% from one year earlier, and up 2% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 480-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 5%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 380-thousand dollars. The number of units sold decreased 16% year-over-year, and decreased 8% 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.
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Map Information for 33139 (Miami Beach, FL)
Area Information for 33139 (Miami Beach, FL)
  • Population: 39,523
  • Median Age: 40.98 yr
  • Median Commute Time: 22 mins
  • Educational Climate*: 5
  • Sales Tax: 6%
  • Population Density: 14,691/sq mi
  • Population Change Since 2000: 2.26%
  • Closest Airport: Miami International
  • Closest College: Yeshiva Gedolah Rabbinical College
  • Closest Jr. College: Ati College Of Health
  • Median Household Income: $55,280
  • Annual Residential Turnover: 22%
  • Median Home Sales Price: $329,100
  • Closest Major Sports Team: Miami Heat
  • Change Avg. Household Income Since 2000: 94.52%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 33139 (Miami Beach, FL)
Median Age: 40.98 Married: 26% Number of Households: 24,055 Households with Children: 2,643
    • 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 33139 (Miami Beach, FL)

      School Name Distance Type Grades School Rating Parent Rating
      Miami Beach Adult & Community Ed Center 0.3 mi Public UNGRADE-UNGRADE 0 0
      Fienberg/fisher K-8 Center 0.3 mi Public PRESCHOOL-8 1 0
      Klurman Mesivta 0.3 mi Private - 0 0
      Stone Coast Academy 0.5 mi Private 12-12 0 0
      South Pointe Elementary School 0.8 mi Public PRESCHOOL-5 4 0
      Miami Beach Senior High School 1.1 mi Public 9-12 2 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: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for 33139 (Miami Beach, FL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.