Miami Beach Summary
Average price per square foot for Miami Beach FL was $495, an increase of 11.2% compared to the same period last year. The median sales price for homes in Miami Beach FL for Jun 12 to Aug 12 was $276,000 based on 948 home sales. Compared to the same period one year ago, the median home sales price increased 13.8%, or $33,500, and the number of home sales decreased 5.3%. There are currently 3,031 resale and new homes in Miami Beach on Trulia, including 2 open houses, as well as 1,293 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Miami Beach FL was $1,520,248 for the week ending Sep 12, which represents an increase of 3.1%, or $45,787, compared to the prior week. Popular neighborhoods in Miami Beach include Oceanfront and Normandy Isles, with average listing prices of $706,269 and $527,500.