Is Miramar, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Miramar was a Seller's Market.
Housing Prices in Miramar, FL
How much do homes in Miramar, FL cost?
Median Sold Price
$529,715
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Miramar was $529,715 in June 2024, up 8.2% from last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $219.5K | $249.5K | +13.7% |
2 Bedrooms | $320K | $342.5K | +7.0% |
3 Bedrooms | $459K | $491.5K | +7.1% |
4 Bedrooms | $635K | $650K | +2.4% |
5+ Bedrooms | $849K | $945K | +11.3% |
Summary: Miramar housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.7%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 11.3%.
Median Sold Price Compared To Nearby Cities
West Park | $386.5K | $440K | +13.8% |
Miami Gardens | $420K | $460.2K | +9.6% |
Miramar | $489.7K | $529.7K | +8.2% |
Miramar-Pembroke Pines | $459.5K | $496.5K | +8.1% |
Pembroke Pines | $452.2K | $481.6K | +6.5% |
Housing Supply in Miramar, FL
How many homes are available in Miramar, FL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
382 | 392 | +2.6% |
Summary: The Miramar real estate market had 392 homes for sale in June 2024, a 2.6% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 11 | +37.5% |
2 Bedrooms | 60 | 64 | +6.7% |
3 Bedrooms | 133 | 129 | -3.0% |
4 Bedrooms | 108 | 107 | -0.9% |
5+ Bedrooms | 73 | 81 | +11.0% |
Summary: The Miramar housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37.5%, 2 bedroom homes increased by 6.7%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 11%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
66 | 61 | -7.6% |
Asking Price vs. Sold Price
45 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 61 homes were sold or pending in Miramar in June 2024, down by 7.6% month-over-month. Of the 61 sold homes, 74% were sold under asking, 11% were sold at asking, and 15% were sold over asking.
Days on Market for Miramar, FL
How long does it take to sell a home in Miramar, FL?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
46 Days | 41 Days | -10.9% |
Summary: Homes in Miramar had an average of 41 days on market in Jun 2024, down by 10.9% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During June 2024, 61 homes were sold in Miramar; 57% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.