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North Miami-Dade News

Monday, November 25, 2024

Surfside home prices fall in September 2019

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The median sale price of a home sold in September 2019 in Surfside fell by $115,000 while total sales decreased by 60%, according to BlockShopper.com.

In September 2019, there were four homes sold, with a median sale price of $450,000 - a 20.4% decrease over the $565,000 median sale price for the same period of the previous year. There were 10 homes sold in Surfside in September 2018.

The median sales tax in Surfside for the most recent year with available data, 2015, was $6,276, approximately 1.4% of the median home sale price for September 2019.

The following table compares Surfside 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)
Pinecrest392185.7%$740,000$640,00015.6%
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%

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