From July through September of 2019, there were 41 homes sold, with a median sale price of $385,000 - a 10% increase over the $350,000 median sale price for the same period of the previous year. There were 47 homes sold in Miami Springs in the third quarter of 2018.
The median sales tax in Miami Springs for the most recent year with available data, 2015, was $4,416, approximately 1.1% of the median home sale price for the third quarter of 2019.
The following table compares Miami Springs to other Miami-Dade County cities with similar median sales prices in the third quarter of 2019:
| City | July - Sept. 2019 Home Sales | July - Sept. 2018 Home Sales | % change (Total Home Sales) | July - Sept. 2019 Median Sales Price | July - Sept. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Miami Shores | 64 | 102 | -37.3% | $541,000 | $526,000 | 2.9% |
| Palmetto Bay | 160 | 160 | 0% | $485,000 | $487,000 | -0.4% |
| South Miami | 53 | 45 | 17.8% | $466,000 | $322,300 | 44.6% |
| El Portal | 19 | 19 | 0% | $440,000 | $378,000 | 16.4% |
| Biscayne Park | 12 | 18 | -33.3% | $400,000 | $475,250 | -15.8% |
| Miami Springs | 41 | 47 | -12.8% | $385,000 | $350,000 | 10% |
| Virginia Gardens | 4 | 9 | -55.6% | $366,250 | $330,000 | 11% |
| Miami Lakes | 97 | 102 | -4.9% | $360,000 | $343,850 | 4.7% |
| West Miami | 21 | 19 | 10.5% | $360,000 | $322,300 | 11.7% |
| Miami Beach | 614 | 701 | -12.4% | $347,500 | $320,000 | 8.6% |
| Country Walk | 96 | 89 | 7.9% | $340,000 | $348,000 | -2.3% |
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