Is Country Club of Miami, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Country Club of Miami is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Country Club of Miami was a Seller's Market.

Key Takeaway

Country Club of Miami is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Country Club of Miami, FL

How much do homes in Country Club of Miami, FL cost?

Median Sold Price

$346,500

$295/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$44,687(+14.8%)

Key Takeaway

Homes in Country Club of Miami have sold for 14.8% more than they did a year ago.

Summary: The median home sold price in Country Club of Miami was $346,500 in March 2024, up 14.8% from last year, and the median price per square foot was $295.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $195K$210K
+7.7%
2 $255K$294.5K
+15.5%
3 $405K$420K
+3.7%
4 $544.5K$610K
+12.0%
5+ $805K$1.1M
+45.0%

Summary: Country Club of Miami housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 15.5%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 45%.

Housing Supply in Country Club of Miami, FL

How many homes are available in Country Club of Miami, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
121142+17.4%

Summary: The Country Club of Miami real estate market had 142 homes for sale in March 2024, a 17.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 415
+275.0%
2 6067
+11.7%
3 4343
0.0%
4 911
+22.2%
5+ 56
+20.0%

Summary: The Country Club of Miami housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 275%, 2 bedroom homes increased by 11.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1416+14.3%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Country Club of Miami, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Country Club of Miami in March 2024, up by 14.3% month-over-month. Of the 16 sold homes, 69% were sold under asking, 19% were sold at asking, and 13% were sold over asking.

Days on Market for Country Club of Miami, FL

How long does it take to sell a home in Country Club of Miami, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
28 Days55 Days+93.8%

Summary: Homes in Country Club of Miami had an average of 55 days on market in Mar 2024, up by 93.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Country Club of Miami are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 16 homes were sold in Country Club of Miami; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

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