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North Miami-Dade News

Monday, November 25, 2024

Sweetwater home prices rise in the third quarter of 2019

Realestate077

The median sale price of a home sold in the third quarter of 2019 in Sweetwater rose by $29,000 while total sales increased by 23.5%, according to BlockShopper.com.

From July through September of 2019, there were 21 homes sold, with a median sale price of $225,000 - a 14.8% increase over the $196,000 median sale price for the same period of the previous year. There were 17 homes sold in Sweetwater in the third quarter of 2018.

The median sales tax in Sweetwater for the most recent year with available data, 2015, was $2,180, approximately 1% of the median home sale price for the third quarter of 2019.

The following table compares Sweetwater to other Miami-Dade County cities with similar median sales prices in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Homestead (unincorporated) 253256-1.2%$270,000$235,00014.9%
Miami (unincorporated) 2,1752,215-1.8%$265,000$239,00010.9%
Bay Harbor Islands3135-11.4%$260,000$240,0008.3%
Richmond Heights2052-61.5%$260,000$240,0008.3%
Hialeah Gardens4050-20%$232,500$234,000-0.6%
Sweetwater211723.5%$225,000$196,00014.8%
North Bay Village70674.5%$221,750$230,000-3.6%
North Miami Beach163307-46.9%$221,000$127,80072.9%
Hialeah478492-2.8%$220,900$216,0502.2%
Miami Gardens417472-11.7%$220,500$210,5504.7%
West Perrine393125.8%$215,000$146,50046.8%

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