In September 2019, there were 20 homes sold, with a median sale price of $532,800 - a 10.8% decrease over the $597,500 median sale price for the same period of the previous year. There were 38 homes sold in Miami Shores in September 2018.
The median sales tax in Miami Shores for the most recent year with available data, 2015, was $5,265, approximately 1% of the median home sale price for September 2019.
The following table compares Miami Shores 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) |
|---|---|---|---|---|---|---|
| Golden Beach | 1 | 1 | 0% | $10,750,000 | $1,600,000 | 571.9% |
| Key Biscayne | 17 | 17 | 0% | $785,300 | $655,000 | 19.9% |
| Bal Harbour | 12 | 9 | 33.3% | $760,000 | $520,000 | 46.2% |
| Pinecrest | 39 | 21 | 85.7% | $740,000 | $640,000 | 15.6% |
| Coral Gables | 71 | 69 | 2.9% | $600,000 | $595,000 | 0.8% |
| Miami Shores | 20 | 38 | -47.4% | $532,800 | $597,500 | -10.8% |
| Palmetto Bay | 51 | 59 | -13.6% | $520,000 | $517,000 | 0.6% |
| El Portal | 7 | 11 | -36.4% | $454,000 | $410,000 | 10.7% |
| Surfside | 4 | 10 | -60% | $450,000 | $565,000 | -20.4% |
| Miami Lakes | 32 | 34 | -5.9% | $441,000 | $349,000 | 26.4% |
| South Miami (unincorporated) | 23 | 29 | -20.7% | $430,000 | $245,000 | 75.5% |
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