Real Estate Market Update for 33146 (Miami, FL)

Video: Real Estate Community Tour for 33146 (Miami, FL)

See Real estate community tour for 33146 (Miami, 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 12% from one year earlier, and down 1% 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 just under 1.1-million dollars. Compared to last year, the average number of days units spent on the market before being sold was up 40%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 800-thousand dollars. The number of units sold increased 125% year-over-year, and increased 44% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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 33146 (Miami, FL)
Area Information for 33146 (Miami, FL)
  • Population: 16,168
  • Median Age: 26.05 yr
  • Median Commute Time: 20 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 5,197/sq mi
  • Population Change Since 2000: 18.91%
  • Closest Airport: Miami International
  • Closest College: University Of Miami
  • Closest Jr. College: Ati Career Training Center
  • Median Household Income: $123,443
  • Annual Residential Turnover: 28%
  • Median Home Sales Price: $695,000
  • Closest Major Sports Team: Miami Marlins
  • Change Avg. Household Income Since 2000: 24.08%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 33146 (Miami, FL)
Median Age: 26.05 Married: 34% Number of Households: 4,571 Households with Children: 1,322
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 33146 (Miami, FL)

      School Name Distance Type Grades School Rating Parent Rating
      Henry S. West Laboratory School 0.1 mi Public K-5 5 0
      Ponce De Leon Middle School 0.3 mi Public 6-8 2 0
      University Of Miami Global Academy 0.3 mi Private - 0 0
      Riviera Day School 1.1 mi Private PRESCHOOL-12 0 0
      Coral Gables Senior High School 1.1 mi Public 9-12 2 3
      Coral Gables Senior High Adult Education 1.1 mi Public 9-12 0 0
      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 SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 33146 (Miami, 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.