The median sales price for homes in Miami FL for Aug 09 to Oct 09 was $165,000. This represents a decline of 10.8%, or $20,000, compared to the prior quarter and a decrease of 42.8% compared to the prior year. Sales prices have depreciated 21.4% over the last 5 years in Miami.
The average listing price for Miami homes for sale on Trulia was $438,269 for the week ending Nov 25, which represents an increase of 0.6%, or $2,756, compared to the prior week and a decline of 0.3%, or $1,191, compared to the week ending Nov 04. Average price per square foot for Miami FL was $131, a decrease of 43.8% compared to the same period last year. Popular neighborhoods in Miami include Coral Way, Upper East Side, Wynwood - Edgewater, Northeast Coconut Grove, Southwest Coconut Grove, and Flagami.