Real Estate Market Update for Miami, 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 up 1% from one year earlier, and down 2% 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 450-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 15%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 300-thousand dollars. The number of units sold decreased 29% year-over-year, and decreased 19% 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 Miami, FL
Area Information for Miami, FL
  • Population: 450,829
  • Median Age: 40.58 yr
  • Median Commute Time: 27 mins
  • Educational Climate*: 3
  • Sales Tax: 0%
  • Population Density: 12,568/sq mi
  • Population Change Since 2000: 24.61%
  • Closest Airport: Miami International
  • Closest College: University Of Miami-miller School Of Med
  • Closest Jr. College: Everest Institute-hialeah
  • Median Household Income: $39,267
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $370,000
  • Closest Major Sports Team: Miami Marlins
  • Change Avg. Household Income Since 2000: 73.94%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Miami, FL
Median Age: 40.58 Married: 28% Number of Households: 183,359 Households with Children: 41,131
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, FL

      School Name Distance Type Grades School Rating Parent Rating
      Conchita Espinosa Academy 0.6 mi Private K-8 0 0
      Belen Jesuit Prep School 1.0 mi Catholic 6-12 0 0
      Mother Of Christ Catholic School 1.3 mi Catholic PRESCHOOL-8 0 0
      Greater Miami Academy 1.7 mi Private PRESCHOOL-12 0 0
      Miami Arts Studio 6-12 At Zelda Glazer 1.9 mi Public 6-12 5 0
      Pinecrest Preparatory Academy 2.3 mi Public K-5 5 0
      Saint Kevin Catholic School 2.3 mi Catholic PRESCHOOL-8 0 0
      Pinecrest Preparatory Academy Charter High School 2.5 mi Public 9-12 4 0
      Miami Christian School 2.8 mi Private PRESCHOOL-12 0 0
      Saint Agatha School 3.0 mi Catholic K-8 0 0
      West Dade Academy 3.2 mi Private PRESCHOOL-12 0 0
      Lamar Louise Curry Middle School 3.4 mi Public 6-8 4 0
      Doral Performing Arts & Entertainment Academy 3.7 mi Public 6-8 5 0
      Doral Academy Charter High School 3.7 mi Public 9-12 5 0
      Pinecrest Cove Academy 3.8 mi Public K-8 5 0
      John A. Ferguson Senior High School 4.0 mi Public 9-12 4 0
      Archimedean Upper Conservatory Charter School 4.4 mi Public 9-12 5 0
      Saint Timothy Parish School 4.7 mi Catholic PRESCHOOL-8 0 0
      Saint Brendan Elementary School 5.1 mi Catholic PRESCHOOL-8 0 0
      Saint Brendan High School 5.2 mi Catholic 9-12 0 0
      Christopher Columbus High School 5.2 mi Catholic 9-12 0 0
      Florida Christian School 5.2 mi Private PRESCHOOL-12 0 0
      American High School Academy 5.4 mi Private 9-12 0 0
      Southwest Miami Senior High School 5.5 mi Public 9-12 2 0
      Glades Middle School 5.5 mi Public 6-8 3 0
      Divine Savior Lutheran Academy 5.6 mi Private PRESCHOOL-12 0 0
      Terra Environmental Research Institute 5.7 mi Public 9-12 5 0
      Gulliver Preparatory School - Miller Drive Campus 6.4 mi Private 9-12 0 0
      School For Advanced Studies - South 6.7 mi Public 11-12 5 0
      Ronald W. Reagan/doral Senior High School 6.9 mi Public 9-12 3 0
      Archbishop Coleman F. Carroll High 7.0 mi Catholic 9-12 0 0
      Riviera Preparatory School 7.6 mi Private 6-12 0 0
      St. John Neumann School 7.8 mi Catholic PRESCHOOL-8 0 0
      Gulliver Preparatory School 8.8 mi Private 9-12 0 0
      International Studies Preparatory Academy 9.0 mi Public 9-12 5 0
      Hialeah Gardens Senior High School 9.1 mi Public 9-12 3 0
      Mater Academy Charter High 9.3 mi Public 9-12 4 0
      Hialeah Gardens Middle School 9.3 mi Public 6-8 4 0
      Miami Palmetto Senior High School 9.3 mi Public 9-12 4 0
      Henry S. West Laboratory School 9.4 mi Public K-8 5 0
      Imater Preparatory Academy High School 9.5 mi Public 6-12 3 0
      Our Lady Of Lourdes Academy 9.6 mi Catholic 9-12 0 0
      Saint Thomas Episcopal Parish School 9.6 mi Private PRESCHOOL-5 0 0
      Coral Reef Senior High School 9.9 mi Public 9-12 5 0
      Latin Builders Association Construction And Business Management Academy 9.9 mi Public 9-12 3 0
      American Christian School Art Center 9.9 mi Private K-12 0 0
      Champagnat Catholic School Of Hialeah 10.0 mi Catholic 6-12 0 0
      The Glory Of God Christian School 10.3 mi Private K-12 0 0
      City Of Hialeah Education Academy 10.3 mi Public 6-12 3 0
      Jose Marti School # 3 10.6 mi Private 4-8 0 0
      Coral Reef Elementary School 10.8 mi Public PRESCHOOL-5 5 0
      Carrollton School Of The Sacred 10.8 mi Catholic PRESCHOOL-12 0 0
      St Hugh Catholic School 10.9 mi Catholic PRESCHOOL-8 0 0
      Ransom Everglades School Upper 10.9 mi Private 9-12 0 0
      Palmetto Bay Academy 10.9 mi Private 6-12 0 0
      Gulliver Academy 11.0 mi Private PRESCHOOL-8 0 0
      Herbert A. Ammons Middle School 11.1 mi Public 6-8 5 0
      Horeb Christian School 11.3 mi Private PRESCHOOL-12 0 0
      Miami Senior High School 11.3 mi Public 9-12 3 0
      Southwood Middle School 11.4 mi Public 6-8 4 0
      Westminster Christian School 11.4 mi Private PRESCHOOL-12 0 0
      Broadmoor Elementary School 11.9 mi Public PRESCHOOL-5 1 0
      Immaculata-la Salle High School 12.6 mi Catholic 9-12 0 0
      Mater Academy Lakes High School 12.6 mi Public 6-12 4 0
      Palmer Trinity School 12.7 mi Private 6-12 0 0
      Young Womens Preparatory Academy 12.7 mi Public 6-12 5 0
      Mater Academy East Charter High School 12.8 mi Public 9-12 3 0
      Miami Lakes Middle School 12.9 mi Public 6-8 4 0
      Ada Merritt K-8 Center 13.2 mi Public K-8 5 0
      Booker T. Washington Senior High School 13.3 mi Public 9-12 1 0
      Mother Of Our Redeemer Catholic School 13.5 mi Catholic PRESCHOOL-8 0 0
      School For Advanced Studies North 13.5 mi Public 11-12 0 0
      Arthur And Polly Mays Conservatory Of The Arts 13.6 mi Public 6-12 3 0
      Law Enforcement Officers Memorial High School 13.7 mi Public 9-12 4 0
      Betesda Christian School 13.8 mi Private K-12 0 0
      School For Advanced Studies-wolfson 14.0 mi Public 11-12 0 0
      New World School Of The Arts 14.0 mi Public 9-12 5 0
      Cutler Bay Senior High School 14.2 mi Public 9-12 5 0
      Miami Dade Online Academy 14.2 mi Public K-12 4 0
      I Preparatory Academy 14.3 mi Public PRESCHOOL-12 5 0
      Worshiper's House Of Prayer Academy 14.3 mi Private K-8 0 0
      Palm Glades Preparatory Academy High School 14.4 mi Public 9-12 1 0
      Design & Architecture Senior High School 14.5 mi Public 9-12 5 0
      Toussaint L'ouverture Elementary School 14.7 mi Public PRESCHOOL-5 2 0
      Monsignor Edward Pace High School 14.8 mi Catholic 9-12 0 0
      Academy For Community Education (ace) 14.9 mi Public 9-12 0 0
      Yvonne Learning Center 15.0 mi Private PRESCHOOL-12 0 0
      Mast Academy 15.6 mi Public 6-12 5 0
      Northwest Christian Academy 15.7 mi Private PRESCHOOL-12 0 0
      North Dade Middle School 15.8 mi Public 6-8 0 0
      Miami Union Academy 16.0 mi Private PRESCHOOL-12 0 0
      Keystone National High School (virtual) 16.2 mi Private 9-12 0 0
      Miami Country Day School 16.4 mi Private PRESCHOOL-12 0 0
      Rasg Hebrew Academy 18.1 mi Private PRESCHOOL-12 0 0
      Beth Jacob High School 18.7 mi Private 6-12 0 0
      Cg Bethel High School 19.3 mi Public 9-12 0 0
      Ruth K. Broad Bay Harbor K-8 Center 19.7 mi Public PRESCHOOL-8 5 0
      Alonzo And Tracy Mourning Senior High Biscayne Bay Campus 19.9 mi Public 9-12 3 0
      Dr Michael M. Krop Senior High School 21.1 mi Public 9-12 3 0
      The Samuel Scheck Hillel Community Day School 21.1 mi Private PRESCHOOL-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.
      Local Weather for Miami, 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.