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Thursday, November 7, 2024

Bal Harbour home prices rise in September 2019

Realestate4

The median sale price of a home sold in September 2019 in Bal Harbour rose by $240,000 while total sales increased by 33.3%, according to BlockShopper.com.

In September 2019, there were 12 homes sold, with a median sale price of $760,000 - a 46.2% increase over the $520,000 median sale price for the same period of the previous year. There were nine homes sold in Bal Harbour in September 2018.

The median sales tax in Bal Harbour for the most recent year with available data, 2015, was $9,505, approximately 1.3% of the median home sale price for September 2019.

The following table compares Bal Harbour 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)
Golden Beach110%$10,750,000$1,600,000571.9%
Key Biscayne17170%$785,300$655,00019.9%
Bal Harbour12933.3%$760,000$520,00046.2%
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%

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