Real Estate Market Update for North Miami Beach, FL
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Welcome to March's Market Update,. Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 17% from one year earlier, and down 9% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 160-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 30%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 120-thousand dollars. The number of units sold increased 39% year-over-year, and increased 7% 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.
Map Information for North Miami Beach, FL
Area Information for North Miami Beach, FL
  • Population: 43,190
  • Median Age: 35.95 yr
  • Median Commute Time: 28.3 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 8,948/sq mi
  • Population Change Since 2000: 6.38%
  • Closest Airport: Fort Lauderdale/hollywood International
  • Closest College: University Of Miami
  • Closest Jr. College: Everest Institute
  • Median Household Income: $44,737
  • Annual Residential Turnover: 21.09%
  • Median Years in Residence: 2.46 yr
  • Median Home Sales Price: $84,500
  • Closest Major Sports Team: Marlins
  • Change Avg. Household Income Since 2000: 41%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for North Miami Beach, FL
Median Age: 35.95 Married: 26% Number of Households: 15,195 Households with Children: 5,500
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 North Miami Beach, FL

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Beth Jacob High School 0.3 mi Private 6-12 0 3
      Toras Emes Academy Of Miami 0.4 mi Private PRESCHOOL-8 0 4
      Oak Grove Elementary School 0.4 mi Public PRESCHOOL-6 2 4
      Aiu High School 0.5 mi Private 9-12 0 0
      John F. Kennedy Middle School 0.5 mi Public 6-8 2-5 4
      Neytz Hachochma 0.6 mi Private - 0 5
      North Miami Beach Senior High School 0.6 mi Public 9-12 2 2
      Sha'arei Bina Torah Academy For 0.7 mi Private 6-12 0 0
      Mavericks High Of North Miami Dade County School District 0.8 mi Public 9-12 0 5
      Holy Family Catholic School 0.9 mi Catholic PRESCHOOL-8 0 2
      Fulford Elementary School 0.9 mi Public PRESCHOOL-5 1 3
      Gertrude K. Edleman/sabal Palm Elementary School 0.9 mi Public PRESCHOOL-5 2 4
      North Miami Elementary School 1.0 mi Public PRESCHOOL-5 1 2
      Allison Academy 1.0 mi Private 6-12 0 5
      All Nations Academy 1.1 mi Private PRESCHOOL-K 0 0
      Natural Bridge Elementary School 1.4 mi Public PRESCHOOL-5 1 4
      Greynolds Park Elementary School 1.4 mi Public PRESCHOOL-5 2 4
      Linda Lentin K-8 Center 1.4 mi Public PRESCHOOL-8 1 4
      North Miami Senior Adult Education 1.4 mi Public - 0 0
      Archcreek Elementary School 1.5 mi Public K-5 2 0
      North Miami Middle School 1.5 mi Public 6-8 1 3
      Yeshiva Toras Chaim 1.5 mi Private 9-12 0 4
      Holy Cross Lutheran School 1.6 mi Private PRESCHOOL-8 0 5
      Aventura Learning Center I, Ii 1.6 mi Private PRESCHOOL-1 0 4
      North Miami Senior High School 1.8 mi Public 9-12 1 2
      Aspira Raul Arnaldo Martinez Charter School 1.9 mi Public 6-8 1 4
      Biscayne Gardens Elementary School 2.0 mi Public PRESCHOOL-5 1 3
      Alonzo And Tracy Mourning Senior High Biscayne Bay Campus 2.0 mi Public 9-12 3-5 5
      W. J. Bryan Elementary School 2.1 mi Public PRESCHOOL-5 2-5 4
      David Lawrence Junior K-8 Center 2.2 mi Public K-8 3 4
      Hibiscus Elementary School 2.3 mi Public PRESCHOOL-5 1 3
      Montessori School Of North Miami 2.3 mi Private 1-8 0 4
      Sunshine Day Care Center 2.3 mi Private PRESCHOOL-1 0 0
      Jacobson Sinai Academy 2.4 mi Private PRESCHOOL-8 0 0
      Saint Lawrence School 2.5 mi Catholic K-8 0 0
      Ojus Elementary School 2.6 mi Public K-5 4 4
      Kesher L.d. 2.6 mi Private 1-12 0 4
      The Victory School 2.6 mi Private UNGRADE-UNGRADE 0 5
      United Cerebral Palsy-diamond Minds 2.6 mi Private K-8 0 0
      Von Wedel Montessori School 2.6 mi Private PRESCHOOL-2 0 4
      Dr. Carlos J. Finlay Elementary School 2.7 mi Public PRESCHOOL-5 4-5 4
      Scheck Hillel Community School 2.7 mi Private PRESCHOOL-12 0 3
      Pentab Academy 2.7 mi Private PRESCHOOL-7 0 4
      Spirit Of Christ Child Dev Center 2.7 mi Private PRESCHOOL-12 0 0
      Scott Lake Elementary School 2.7 mi Public PRESCHOOL-5 1 3
      Sierra Norwood Calvary Child 2.7 mi Private PRESCHOOL-3 0 4
      Biscayne Academy 2.7 mi Private UNGRADE-UNGRADE 0 5
      Bethany Covenant School 2.8 mi Private PRESCHOOL-K 0 3
      Norland Elementary School 3.1 mi Public PRESCHOOL-5 2 4
      Madie Ives Community Elementary School 3.2 mi Public PRESCHOOL-5 3 4
      Aventura City Of Excellence School 3.2 mi Public K-8 5 4
      Highland Oaks Middle School 3.3 mi Public 6-8 3 3
      New Testament Church 3.3 mi Private PRESCHOOL-10 0 0
      Parkway Elementary School 3.3 mi Public PRESCHOOL-5 1 3
      Andover Middle School 3.3 mi Public 6-8 2 5
      Miami Norland Senior High School 3.3 mi Public 9-12 1 3
      Miami Country Day School 3.3 mi Private PRESCHOOL-12 0 4
      Miami Shores Montessori School 3.3 mi Private PRESCHOOL-3 0 0
      Norland Middle School 3.4 mi Public 6-8 2 3
      Virginia A Boone-highland Oaks School 3.4 mi Public PRESCHOOL-5 4-5 4
      Btay Solomon Schechter Day School 3.5 mi Private PRESCHOOL-8 0 5
      Dr Michael M. Krop Senior High School 3.6 mi Public 9-12 3-5 3
      The Tauber Academy 3.8 mi Private PRESCHOOL-K 0 2
      Norwood Elementary School 3.8 mi Public PRESCHOOL-5 3-5 4
      Sunny Isles Beach Community School 3.8 mi Public K-8 0 0
      Aventura Waterways K-8 Center 3.9 mi Public K-8 4 4
      Philosophical And Spiritual University 4.0 mi Private - 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: GreatSchools.org and Onboard Informatics 2014
      Local Weather for North Miami Beach, 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.