In August 2021, there were 423 homes sold, with a median sale price of $453,000 - a 2.6% decrease over the $465,000 median sale price for the same period of the previous year. There were 15 homes sold in Miami Beach in August 2020.
The median sales tax in Miami Beach for the most recent year with available data, 2019, was $5,352, approximately 1.2% of the median home sale price for August 2021.
The following table compares Miami Beach to other Miami-Dade County cities with similar median sale prices in August 2021:
| City | Aug. 2021 Home Sales | Aug. 2020 Home Sales | % change (Total Home Sales) | Aug. 2021 Median Sales Price | Aug. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| South Miami | 32 | 1 | 3100% | $562,000 | $945,000 | -40.5% |
| El Portal | 8 | 0 | - | $561,000 | $0 | - |
| North Miami Beach (unincorporated) | 3 | 0 | - | $525,000 | $0 | - |
| Country Walk | 43 | 2 | 2050% | $485,000 | $102,200 | 374.6% |
| Miami Springs | 17 | 2 | 750% | $465,000 | $595,500 | -21.9% |
| Miami Beach | 423 | 15 | 2720% | $453,000 | $465,000 | -2.6% |
| West Miami | 7 | 0 | - | $449,000 | $0 | - |
| Sunny Isles Beach | 132 | 1 | 13100% | $399,000 | $940,000 | -57.6% |
| Miami | 943 | 28 | 3267.9% | $387,500 | $229,500 | 68.8% |
| Cutler Bay | 90 | 4 | 2150% | $378,800 | $360,000 | 5.2% |
| West Perrine | 13 | 0 | - | $375,000 | $0 | - |
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