Real Estate Market Update for Miami Beach, FL
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was stable compared to 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 550-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 9%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 400-thousand dollars. The number of units sold decreased 4% year-over-year, and increased 34% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. 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 Miami Beach, FL

Area Information for Miami Beach, FL
  • Population: 87,697
  • Median Age: 44.03 yr
  • Median Commute Time: 24 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 11,411/sq mi
  • Population Change Since 2000: -.66%
  • Closest Airport: Miami International
  • Closest College: Talmudic College Of Flordia
  • Closest Jr. College: Everest Institute
  • Median Household Income: $62,900
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $340,000
  • Closest Major Sports Team: Miami Heat
  • Change Avg. Household Income Since 2000: 111.84%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Miami Beach, FL
Median Age: 44.03 Married: 32% Number of Households: 46,636 Households with Children: 7,308
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 Miami Beach, FL

      School Name Distance Type Grades School Rating Parent Rating
      Treasure Island Elementary School 4.0 mi Public PRESCHOOL-5 3 0
      Stars Learning Day Care Center 4.1 mi Private PRESCHOOL-PRESCHOOL 0 0
      Kids Choice Learning Center Miami Beach 4.7 mi Private PRESCHOOL-PRESCHOOL 0 0
      Ruth K. Broad Bay Harbor K-8 Center 4.9 mi Public PRESCHOOL-8 5 0
      Le Petit Papillon Montessori School 4.9 mi Private PRESCHOOL-5 0 0
      Biscayne Elementary School 5.0 mi Public K-5 3 0
      Lehrman Community Day School 5.1 mi Private PRESCHOOL-5 0 0
      Gan Katan (miami Hebrew Activity Center Llc) 5.1 mi Private - 0 0
      Yeshiva Elementary - Girls And Preschool 5.1 mi Private PRESCHOOL-5 0 0
      Alonzo And Tracy Mourning Senior High Biscayne Bay Campus 5.2 mi Public 9-12 3 3
      Mater Academy Miami Beach 5.2 mi Public PRESCHOOL-8 4 0
      Happy Kids Child Care Inc 5.2 mi Private K-3 0 0
      Amikids Miami-dade North 5.3 mi Public 6-12 0 0
      Mater Academy At Mount Sinai 5.4 mi Public K-5 5 0
      The Shul's Child Enrichment Center 5.5 mi Private - 0 0
      Nautilus Middle School 5.5 mi Public 6-8 2 2
      Stone Coast Academy 5.6 mi Private 12-12 0 0
      Abc Learning Center 5.6 mi Private PRESCHOOL-PRESCHOOL 0 0
      Mechina Of South Florida 5.7 mi Private 7-12 0 0
      Tree Of Knowledge 5.7 mi Private 7-12 0 0
      Saint Patrick School 5.7 mi Catholic K-8 0 0
      Tiny Town Development Center 5.7 mi Private PRESCHOOL-PRESCHOOL 0 0
      Temple Beth Sholom Foundation School 5.8 mi Private PRESCHOOL-PRESCHOOL 0 0
      Montessori Academy At St John's 5.8 mi Private PRESCHOOL-5 0 0
      North Beach Elementary School 5.8 mi Public PRESCHOOL-5 5 0
      Aventura Learning Center I, Ii 5.9 mi Private PRESCHOOL-5 0 0
      Casa Dei Bambini 6.1 mi Private PRESCHOOL-6 0 0
      Treehouse Learning 6.3 mi Private K-3 0 0
      Miami Beach Senior High School 6.3 mi Public 9-12 3 3
      Rasg Hebrew Academy 6.5 mi Private PRESCHOOL-12 0 0
      Miami Beach Adult & Community Ed Center 7.0 mi Public UNGRADE-UNGRADE 0 0
      Fienberg/fisher K-8 Center 7.1 mi Public PRESCHOOL-8 1 0
      South Pointe Elementary School 7.5 mi Public PRESCHOOL-5 3 0
      Norman S. Edelcup/sunny Isles Beach K-8 7.7 mi Public K-8 4 0
      Fisher Island Day School 8.1 mi Private PRESCHOOL-8 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.
      Local Weather for Miami Beach, FL
        Data powered by Attom Data Solutions. Copyright© 2020. Information 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.
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