Is Miramar, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Miramar is a seller's market

Buyer's
Market

Difference Since June 2021

Since last year, Miramar has remained a Seller's Market.

Key Takeaway

Miramar is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Miramar, FL cost?

Median Sold Price

$432,285

$249/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2021

+$67,660(+18.6%)

Key Takeaway

Homes in Miramar have sold for 18.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJun 2021Jun 2022%
1 $174K$200K
+14.9%
2 $238K$275K
+15.5%
3 $340K$404.7K
+19.1%
4 $477.5K$593K
+24.2%
5+ $620K$765K
+23.4%

Median Sold Price Compared To Nearby Cities

West Park
+22.0%
Miami Gardens
+21.3%
Miramar
+18.6%
Miramar-Pembroke Pines
+15.6%
Pembroke Pines
+13.0%

How many homes are available in Miramar, FL?

Number of Homes For Sale

May 2022Jun 2022%
324340+4.9%

Homes For Sale By Bedroom Count

# BEDSMay 2022Jun 2022%
1 913
+44.4%
2 4951
+4.1%
3 125117
-6.4%
4 7892
+17.9%
5+ 6367
+6.3%

Number of Homes Sold

May 2022Jun 2022%
8682-4.7%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

45 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Miramar, you could pay more than the asking price. 54.9% of homes here sold above asking price last month.

Average Sale Time

Jun 2021Jun 2022%
18 Days19 Days+3.8%

Breakdown of Home Sale Times

67 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Miramar are selling fast, if you're buying plan to act quickly.

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

About Miramar, FL

Miramar, FL has 340 homes on the market. The number of listings in Miramar, FL increased by 4.9% between May 2022 and June 2022. In June 2022, listings were on the market for 19 days. During the same period, the median list price in this real estate market was $432,285. Real estate listing prices changed between May 2022 and June 2022: the cost of 1 bedroom properties went up by 14.9%, 2 bedrooms properties prices increased by 15.5%, prices of 3 bedrooms properties went up by 19.1%, prices of 4 bedrooms properties increased by 24.2%, the cost of 5 bedrooms properties went up by 23.4%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory increased by 44.4%, the quantity of 2 bedrooms homes went up by 4.1%, 3 bedrooms homes became 6.4% less available, the quantity of 4 bedrooms homes went up by 17.9%, 5 bedrooms homes became 6.3% more available. While more than 45 listings in Miramar, FL in June 2022 were sold above asking price, there were more than 14 listings sold at asking price, and more than 23 were sold below.

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