How much do homes in Cutler Bay, FL cost?

Median List Price

$369,900

Based on all homes listed in the last 12 months.

Difference Since May 2020

+$30,604(+9.0%)

Key Takeaway

The list price of homes in Cutler Bay has increased by 9% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSMay 2020May 2021%
1 $134.7K$144K+6.9%
2 $175K$185K+5.7%
3 $319.3K$347.4K+8.8%
4 $394.4K$432.4K+9.6%
5+ $509.9K$600K+17.7%

Median List Price Compared To Nearby Cities

Kendall-Palmetto Bay
+23.2%
Palmetto Bay
+12.7%
Princeton-Goulds
+11.8%
Cutler Bay
+9.0%

How many homes are available in Cutler Bay, FL?

Number of Homes For Sale

Apr 2021May 2021%
233214-8.2%

Homes For Sale By Bedroom Count

# BEDSApr 2021May 2021%
1 87-12.5%
2 4435-20.5%
3 9894-4.1%
4 5553-3.6%
5+ 2825-10.7%

Asking Price vs. Sold Price

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Average Listing Age

May 2020May 2021%
140 Days57 Days-59.3%

Breakdown of Home Sale Times

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About Cutler Bay, FL

Homes for sale in Cutler Bay, FL have reached 214.

Listings spent 57 days on the market in May 2021, and had a median list price of $369,900 during the same period.

From April 2021 through May 2021, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 6.9% more expensive, 2 bedrooms properties prices increased by 5.7%, prices of 3 bedrooms properties went up by 8.8%, 4 bedrooms properties became 9.6% more expensive, 5 bedrooms properties became 17.7% more expensive.

Between April 2021 and May 2021, Cutler Bay, FL real estate market has seen decrease in the number of listings by 8.2%.

Volume of homes for sale changed: 1 bedroom homes became 12.5% less available, the quantity of 2 bedrooms homes went down by 20.5%, number of 3 bedrooms homes decreased by 4.1%, 4 bedrooms homes became 3.6% less available, 5 bedrooms homes inventory decreased by 10.7%.

Over 19 listings were sold over their listed price in May 2021 in Cutler Bay, FL. In the same period over 24 listings were sold below the listed price and 16 listings were sold for the listed price.

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