In September 2019, there were 479 homes sold, with a median sale price of $290,000 - a 11.1% increase over the $261,000 median sale price for the same period of the previous year. There were 559 homes sold in Miami in September 2018.
The median sales tax in Miami for the most recent year with available data, 2015, was $3,197, approximately 1.1% of the median home sale price for September 2019.
The following table compares Miami to other Miami-Dade County cities with similar median sales prices in September 2019:
| City | Sept. 2019 Home Sales | Sept. 2018 Home Sales | % change (Total Home Sales) | Sept. 2019 Median Sales Price | Sept. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Cutler Bay | 64 | 76 | -15.8% | $300,000 | $250,050 | 20% |
| Doral | 62 | 68 | -8.8% | $298,000 | $311,250 | -4.3% |
| Palmetto Estates | 13 | 23 | -43.5% | $295,000 | $310,000 | -4.8% |
| Kendall | 110 | 101 | 8.9% | $294,750 | $270,000 | 9.2% |
| South Miami | 16 | 12 | 33.3% | $291,950 | $425,000 | -31.3% |
| Miami | 479 | 559 | -14.3% | $290,000 | $261,000 | 11.1% |
| Richmond Heights | 6 | 14 | -57.1% | $280,000 | $228,500 | 22.5% |
| Opa-Locka (unincorporated) | 4 | 20 | -80% | $271,000 | $270,000 | 0.4% |
| Miami (unincorporated) | 623 | 695 | -10.4% | $265,000 | $232,000 | 14.2% |
| Homestead (unincorporated) | 70 | 77 | -9.1% | $265,000 | $218,000 | 21.6% |
| Aventura | 91 | 107 | -15% | $260,000 | $262,500 | -1% |
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