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: $360,000
  • 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
      Mother Of Our Redeemer Catholic School 13.3 mi Catholic PRESCHOOL-8 0 0
      Dr Michael M. Krop Senior High School 13.7 mi Public 9-12 3 0
      Mater Academy Lakes High School 14.1 mi Public 6-12 4 0
      Miami Lakes Middle School 14.9 mi Public 6-8 4 0
      Monsignor Edward Pace High School 15.4 mi Catholic 9-12 0 0
      North Dade Middle School 15.6 mi Public 6-8 0 0
      The Samuel Scheck Hillel Community Day School 15.8 mi Private PRESCHOOL-12 0 0
      Beth Jacob High School 16.4 mi Private 6-12 0 0
      Betesda Christian School 16.6 mi Private K-12 0 0
      City Of Hialeah Education Academy 16.8 mi Public 6-12 3 0
      Cg Bethel High School 16.8 mi Public 9-12 0 0
      Latin Builders Association Construction And Business Management Academy 16.9 mi Public 9-12 3 0
      Northwest Christian Academy 17.1 mi Private PRESCHOOL-12 0 0
      Horeb Christian School 17.2 mi Private PRESCHOOL-12 0 0
      Hialeah Gardens Middle School 17.7 mi Public 6-8 4 0
      Hialeah Gardens Senior High School 17.7 mi Public 9-12 3 0
      American Christian School Art Center 17.7 mi Private K-12 0 0
      Keystone National High School (virtual) 17.8 mi Private 9-12 0 0
      Miami Union Academy 17.9 mi Private PRESCHOOL-12 0 0
      Alonzo And Tracy Mourning Senior High Biscayne Bay Campus 18.0 mi Public 9-12 3 0
      School For Advanced Studies North 18.1 mi Public 11-12 0 0
      Mater Academy Charter High 18.4 mi Public 9-12 4 0
      William H. Turner Technical Arts High School 19.0 mi Public 9-12 3 0
      Miami Country Day School 19.4 mi Private PRESCHOOL-12 0 0
      Ronald W. Reagan/doral Senior High School 19.8 mi Public 9-12 3 0
      Broadmoor Elementary School 19.9 mi Public PRESCHOOL-5 1 0
      Academy For Community Education (ace) 20.2 mi Public 9-12 0 0
      Imater Preparatory Academy High School 20.3 mi Public 6-12 3 0
      Ruth K. Broad Bay Harbor K-8 Center 20.3 mi Public PRESCHOOL-8 5 0
      Worshiper's House Of Prayer Academy 20.4 mi Private K-8 0 0
      Champagnat Catholic School Of Hialeah 20.4 mi Catholic 6-12 0 0
      The Glory Of God Christian School 20.8 mi Private K-12 0 0
      Divine Savior Lutheran Academy 21.5 mi Private PRESCHOOL-12 0 0
      Toussaint L'ouverture Elementary School 22.1 mi Public PRESCHOOL-5 2 0
      Design & Architecture Senior High School 23.2 mi Public 9-12 5 0
      Doral Academy Charter High School 23.5 mi Public 9-12 5 0
      Doral Performing Arts & Entertainment Academy 23.5 mi Public 6-8 5 0
      Miami Dade Online Academy 24.8 mi Public K-12 4 0
      I Preparatory Academy 24.8 mi Public PRESCHOOL-12 5 0
      Booker T. Washington Senior High School 24.9 mi Public 9-12 1 0
      Miami Christian School 25.3 mi Private PRESCHOOL-12 0 0
      Miami Senior High School 25.4 mi Public 9-12 3 0
      Rasg Hebrew Academy 25.5 mi Private PRESCHOOL-12 0 0
      Greater Miami Academy 25.5 mi Private PRESCHOOL-12 0 0
      Law Enforcement Officers Memorial High School 25.5 mi Public 9-12 4 0
      Young Womens Preparatory Academy 25.6 mi Public 6-12 5 0
      Mater Academy East Charter High School 25.6 mi Public 9-12 3 0
      School For Advanced Studies-wolfson 25.6 mi Public 11-12 0 0
      New World School Of The Arts 25.6 mi Public 9-12 5 0
      Ada Merritt K-8 Center 25.8 mi Public K-8 5 0
      Saint Agatha School 26.2 mi Catholic K-8 0 0
      Belen Jesuit Prep School 26.2 mi Catholic 6-12 0 0
      Jose Marti School # 3 26.3 mi Private 4-8 0 0
      Conchita Espinosa Academy 26.4 mi Private K-8 0 0
      Saint Brendan High School 27.1 mi Catholic 9-12 0 0
      Christopher Columbus High School 27.1 mi Catholic 9-12 0 0
      Saint Brendan Elementary School 27.2 mi Catholic PRESCHOOL-8 0 0
      Immaculata-la Salle High School 27.5 mi Catholic 9-12 0 0
      West Dade Academy 27.6 mi Private PRESCHOOL-12 0 0
      Mother Of Christ Catholic School 27.9 mi Catholic PRESCHOOL-8 0 0
      Florida Christian School 27.9 mi Private PRESCHOOL-12 0 0
      Miami Arts Studio 6-12 At Zelda Glazer 28.1 mi Public 6-12 5 0
      Pinecrest Cove Academy 28.3 mi Public K-8 5 0
      Saint Kevin Catholic School 28.4 mi Catholic PRESCHOOL-8 0 0
      Southwest Miami Senior High School 28.5 mi Public 9-12 2 0
      Ransom Everglades School Upper 28.5 mi Private 9-12 0 0
      St Hugh Catholic School 28.5 mi Catholic PRESCHOOL-8 0 0
      Mast Academy 28.6 mi Public 6-12 5 0
      Henry S. West Laboratory School 28.6 mi Public K-8 5 0
      Carrollton School Of The Sacred 28.7 mi Catholic PRESCHOOL-12 0 0
      Gulliver Preparatory School - Miller Drive Campus 28.8 mi Private 9-12 0 0
      Pinecrest Preparatory Academy 28.9 mi Public K-5 5 0
      Saint Timothy Parish School 28.9 mi Catholic PRESCHOOL-8 0 0
      Pinecrest Preparatory Academy Charter High School 29.1 mi Public 9-12 4 0
      Glades Middle School 29.4 mi Public 6-8 3 0
      International Studies Preparatory Academy 29.5 mi Public 9-12 5 0
      Lamar Louise Curry Middle School 29.8 mi Public 6-8 4 0
      American High School Academy 30.0 mi Private 9-12 0 0
      Archimedean Upper Conservatory Charter School 30.4 mi Public 9-12 5 0
      Our Lady Of Lourdes Academy 30.4 mi Catholic 9-12 0 0
      John A. Ferguson Senior High School 30.4 mi Public 9-12 4 0
      Gulliver Preparatory School 30.7 mi Private 9-12 0 0
      Saint Thomas Episcopal Parish School 30.7 mi Private PRESCHOOL-5 0 0
      Terra Environmental Research Institute 30.8 mi Public 9-12 5 0
      Riviera Preparatory School 31.4 mi Private 6-12 0 0
      School For Advanced Studies - South 32.1 mi Public 11-12 5 0
      Miami Palmetto Senior High School 32.6 mi Public 9-12 4 0
      Gulliver Academy 33.1 mi Private PRESCHOOL-8 0 0
      St. John Neumann School 33.1 mi Catholic PRESCHOOL-8 0 0
      Archbishop Coleman F. Carroll High 33.5 mi Catholic 9-12 0 0
      Westminster Christian School 34.8 mi Private PRESCHOOL-12 0 0
      Coral Reef Elementary School 34.8 mi Public PRESCHOOL-5 5 0
      Coral Reef Senior High School 35.0 mi Public 9-12 5 0
      Southwood Middle School 35.5 mi Public 6-8 4 0
      Palmetto Bay Academy 35.8 mi Private 6-12 0 0
      Palmer Trinity School 36.9 mi Private 6-12 0 0
      Herbert A. Ammons Middle School 37.5 mi Public 6-8 5 0
      Cutler Bay Senior High School 38.9 mi Public 9-12 5 0
      Arthur And Polly Mays Conservatory Of The Arts 39.5 mi Public 6-12 3 0
      Palm Glades Preparatory Academy High School 40.1 mi Public 9-12 1 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.