Real Estate Market Update for North Miami Beach, FL

Video: Real Estate Community Tour for North Miami Beach, FL

See Real estate community tour for North Miami Beach, FL
Welcome to November's Market Update. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 14% from one year earlier, and down 6% 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 230-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 49%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 170-thousand dollars. The number of units sold decreased 36% year-over-year, and decreased 24% 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 North Miami Beach, FL
Area Information for North Miami Beach, FL
  • Population: 42,142
  • Median Age: 37.76 yr
  • Median Commute Time: 29 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 8,722/sq mi
  • Population Change Since 2000: 6.22%
  • Closest Airport: Fort Lauderdale/hollywood International
  • Closest College: Florida International Univ-biscayne Bay
  • Closest Jr. College: Everest Institute
  • Median Household Income: $43,912
  • Annual Residential Turnover: 11%
  • Median Home Sales Price: $140,000
  • Closest Major Sports Team: Miami Dolphins
  • Change Avg. Household Income Since 2000: 34.76%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for North Miami Beach, FL
Median Age: 37.76 Married: 32% Number of Households: 14,736 Households with Children: 4,809
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 School Rating Parent Rating
      Beth Jacob High School 0.3 mi Private 6-12 0 0
      Yeshiva Toras Chaim Toras Emes 0.3 mi Private PRESCHOOL-5 0 0
      Oak Grove Elementary School 0.4 mi Public PRESCHOOL-6 1 0
      Aiu High School 0.5 mi Private 9-12 0 0
      John F. Kennedy Middle School 0.5 mi Public 6-8 2 3
      North Miami Beach Senior High School 0.6 mi Public 9-12 1 3
      Mavericks High Of North Miami Dade County 0.8 mi Public 9-12 0 4
      Two Sisters' Angels Preschool Inc 0.9 mi Private - 0 0
      Holy Family Catholic School 0.9 mi Catholic PRESCHOOL-8 0 0
      Fulford Elementary School 0.9 mi Public PRESCHOOL-5 2 0
      Gertrude K. Edleman/sabal Palm Elementary School 0.9 mi Public PRESCHOOL-5 2 0
      North Miami Elementary School 1.0 mi Public PRESCHOOL-5 2 0
      Allison Academy 1.0 mi Private 6-12 0 0
      Early Step Learning Center Head Start 1.1 mi Private - 0 0
      Natural Bridge Elementary School 1.4 mi Public PRESCHOOL-5 2 0
      Greynolds Park Elementary School 1.4 mi Public PRESCHOOL-5 3 0
      Linda Lentin K-8 Center 1.4 mi Public PRESCHOOL-8 1 0
      North Miami Senior Adult Education 1.4 mi Public - 0 0
      Archcreek Elementary School 1.4 mi Public K-5 1 0
      North Miami Middle School 1.4 mi Public 6-8 1 3
      Yeshiva Toras Chaim 1.5 mi Private 9-12 0 0
      Holy Cross Lutheran School 1.6 mi Private PRESCHOOL-8 0 0
      Aventura Learning Center I, Ii 1.7 mi Private PRESCHOOL-1 0 0
      North Miami Senior High School 1.8 mi Public 9-12 1 3
      Treehouse Learning 1.8 mi Private - 0 0
      Aspira Raul Arnaldo Martinez Charter School 1.9 mi Public 6-8 0 5
      Trinity Christian Academy 2.0 mi Private - 0 0
      Biscayne Gardens Elementary School 2.0 mi Public PRESCHOOL-5 2 0
      Alonzo And Tracy Mourning Senior High Biscayne Bay Campus 2.0 mi Public 9-12 4 3
      Lubavitch Educational Center 2.0 mi Private PRESCHOOL-12 0 0
      Amikids Miami-dade North 2.1 mi Public 6-12 0 0
      W. J. Bryan Elementary School 2.1 mi Public PRESCHOOL-5 1 0
      David Lawrence Jr. K-8 Center 2.2 mi Public PRESCHOOL-8 2 3
      Advance Christian Academy 2.2 mi Private - 0 0
      United Cerebral Palsy Diamond Minds 2.3 mi Private PRESCHOOL-8 0 0
      Hibiscus Elementary School 2.3 mi Public PRESCHOOL-5 3 0
      Montessori School Of North Miami 2.3 mi Private PRESCHOOL-6 0 0
      Amazing Learning Academy 2.3 mi Private - 0 0
      Marine Academy Of Science And Technoly - Mast @ Fiu 2.4 mi Public 9-12 5 4
      Jacobson Sinai Academy 2.4 mi Private PRESCHOOL-8 0 0
      Miami Gardens Montessori 2.4 mi Private - 0 0
      Jeremiah Academy 2.4 mi Private K-10 0 0
      Saint Lawrence School 2.5 mi Catholic K-8 0 0
      Ojus Elementary School 2.6 mi Public K-5 3 0
      The Victory School 2.6 mi Private UNGRADE-UNGRADE 0 0
      Kesher Ld 2.6 mi Private 1-12 0 0
      Von Wedel Montessori School 2.6 mi Private PRESCHOOL-2 0 0
      Dr. Carlos J. Finlay Elementary School 2.7 mi Public PRESCHOOL-5 4 0
      The Samuel Scheck Hillel Community Day School 2.7 mi Private PRESCHOOL-12 0 0
      Pentab Academy 2.7 mi Private PRESCHOOL-8 0 0
      Scott Lake Elementary School 2.7 mi Public PRESCHOOL-5 2 0
      Unique Kids Childcare Inc 2.7 mi Private - 0 0
      Sierra Norwood Calvary Child Development Center 2.7 mi Private K-3 0 0
      Biscayne Academy 2.7 mi Private UNGRADE-UNGRADE 0 0
      Bethany Covenant School 2.8 mi Private 1-5 0 0
      Temple Beth Moshe Preschool 2.8 mi Private - 0 0
      Community Learning Academy 2.8 mi Private - 0 0
      Alberto's Dream Child Care And Learning Center 3.0 mi Private - 0 0
      Levy Learning Center 3.0 mi Private - 0 0
      Norland Elementary School 3.1 mi Public PRESCHOOL-5 2 5
      Madie Ives Community Elementary School 3.2 mi Public PRESCHOOL-5 3 0
      Aventura City Of Excellence School 3.2 mi Public K-8 5 0
      Yeshivas Doresh 3.2 mi Private 9-12 0 0
      Montessori Achievement Center 3.2 mi Private 1-8 0 0
      Montessori Achievement Center For Learning Needs 3.2 mi Private - 0 0
      Highland Oaks Middle School 3.3 mi Public 6-8 2 0
      Parkway Elementary School 3.3 mi Public PRESCHOOL-5 1 0
      Andover Middle School 3.3 mi Public 6-8 1 0
      Spirit Of Christ Child Development Center & Academy 3.3 mi Private - 0 0
      Miami Norland Senior High School 3.3 mi Public 9-12 1 4
      Miami Country Day School 3.3 mi Private PRESCHOOL-12 0 0
      Miami Shores Montessori School 3.3 mi Private PRESCHOOL-3 0 0
      Norland Middle School 3.4 mi Public 6-8 1 0
      Virginia A Boone-highland Oaks School 3.4 mi Public PRESCHOOL-5 3 0
      Btay Solomon Schechter Day School 3.5 mi Private PRESCHOOL-8 0 0
      Beth Torah Adath Yeshurun 3.5 mi Private - 0 0
      Tree Of Knowledge Learning Academy 3.6 mi Private - 0 0
      North Dade Regional Academy 3.6 mi Private - 0 0
      Dr Michael M. Krop Senior High School 3.6 mi Public 9-12 3 4
      Norwood Elementary School 3.8 mi Public PRESCHOOL-5 2 0
      Norman S. Edelcup/sunny Isles Beach K-8 3.8 mi Public K-8 4 0
      Aventura Waterways K-8 Center 3.9 mi Public K-8 4 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 North 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.