82 new real estate properties in Miami Beach, Florida have been added to Ofirio in the last 7 days.
Of those new properties:
Miami Beach, Florida has a low demand for real estate. This is determined by the difference between the list price and the closed price, which on average is 5% lower than than the list price. The demand for luxury real estate is lower than the demand for “Under $200k” real estate by 5%. Homes in Miami Beach, Florida are on the market for 123 days, on average among all of our listings.
This week the following real estate properties became available for sale:
The biggest change in price is in the Waterfront segment and it is 251% ($11,108,407) more than the week prior.
The average closing price for real estate in Miami Beach Florida has grown by 55% from the last week, which amounted to $2,823,100.
As of January 2023 Miami Beach, FL is a seller market which means homes sell faster at a higher price. In January 2023, 18 homes (15.3%) sold at asking price, 96 homes (81.4%) sold below asking price, and 4 homes (3.4%) were sold above asking price. If purchasing a home there is little room to negotiate the price.
The median home price increased by 0.6% from $449,950 in January 2022 to $452,500 in January 2023. The number of homes sold in Miami Beach, FL has decreased by 57.5% over the last year from 240 in January 2022 to 102 homes in January 2023.
Homes in Miami Beach, FL have sold for 19.1% more per ft² than they did a year ago. As of January 2023 the average price per square foot is $561.