$5,463 Closing Credit*
$460,000
1,735 SqFt
3 Beds
•2 Full Baths, 1 Partial
Maria Mendez, Listing Office: Miami New Realty
Housing Prices in West Miami, FL
How much do homes in West Miami, FL cost?
Median List Price
$829,000
$519/sqft
Based on all homes listed in the last 12 months.
Difference Since August 2023
+$230,000(+38.4%)
Key Takeaway
The list price of homes in West Miami has increased by 38.4% since last year.
Summary: The median home list price in West Miami was $829,000 in August 2024, up 38.4% from the previous year, and the median price per square foot was $519.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $575K | $575K | 0.0% |
| 3 Bedrooms | $599K | $839.5K | +40.2% |
| 4 Bedrooms | $739.5K | $990K | +33.9% |
| 5+ Bedrooms | $2.2M | $1.1M | -50.0% |
Summary: West Miami housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 40.2%, 4 bedroom homes increased by 33.9%, and 5+ bedroom homes decreased by 50%.
Median List Price Compared To Nearby Cities
| West Miami | $599K | $829K | +38.4% |
| Coral Gables | $1.1M | $1.3M | +21.3% |
| Miami | $548.8K | $599.2K | +9.2% |
Housing Supply in West Miami, FL
How many homes are available in West Miami, FL?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 9 | 15 | +66.7% |
Summary: The West Miami real estate market had 15 homes for sale in August 2024, a 66.7% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 5 | 10 | +100.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The West Miami housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Days on Market for West Miami, FL
How long does it take to sell a home in West Miami, FL?
Average Listing Age
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 98 Days | 39 Days | -60.3% |
Summary: Homes in West Miami had an average listing age of 39 days in Aug 2024, down by 60.3% compared to the previous year.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.