Miami Beach Real Estate Overview

Average price per square foot for Miami Beach FL was $293, a decrease of 24.5% compared to the same period last year. The median sales price for homes in Miami Beach FL for Sep 09 to Nov 09 was $255,000 based on 577 home sales. Compared to the same period one year ago, the median home sales price decreased 33.2%, or $126,600, and the number of home sales increased 2.3%.

There are currently 4,878 resale and new homes in Miami Beach on Trulia, including 1 open house, as well as 1,136 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Miami Beach FL was $1,013,702 for the week ending Dec 02, which represents a decrease of 0.4%, or $4,289, compared to the prior week. Popular neighborhoods in Miami Beach include Oceanfront and South Pointe, with average listing prices of $651,701 and $1,469,040.