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North Miami-Dade News

Thursday, November 7, 2024

Miami Lakes home prices rise in September 2019

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The median sale price of a home sold in September 2019 in Miami Lakes rose by $92,000 while total sales decreased by 5.9%, according to BlockShopper.com.

In September 2019, there were 32 homes sold, with a median sale price of $441,000 - a 26.4% increase over the $349,000 median sale price for the same period of the previous year. There were 34 homes sold in Miami Lakes in September 2018.

The median sales tax in Miami Lakes for the most recent year with available data, 2015, was $3,535, approximately 0.8% of the median home sale price for September 2019.

The following table compares Miami Lakes to other Miami-Dade County cities with similar median sales prices in September 2019:

CitySept. 2019 Home SalesSept. 2018 Home Sales% change (Total Home Sales)Sept. 2019 Median Sales PriceSept. 2018 Median Sales Price% change (Median Sales Price)
Coral Gables71692.9%$600,000$595,0000.8%
Miami Shores2038-47.4%$532,800$597,500-10.8%
Palmetto Bay5159-13.6%$520,000$517,0000.6%
El Portal711-36.4%$454,000$410,00010.7%
Surfside410-60%$450,000$565,000-20.4%
Miami Lakes3234-5.9%$441,000$349,00026.4%
South Miami (unincorporated) 2329-20.7%$430,000$245,00075.5%
Biscayne Park45-20%$402,500$530,000-24.1%
Miami Springs1114-21.4%$400,000$330,00021.2%
Miami Beach168216-22.2%$380,000$317,50019.7%
Bay Harbor Islands610-40%$352,000$234,25050.3%

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