South Miami-Dade Real Estate Market Update
For Zip Code 33196
- Sold in Past 6 months -48
- Closed Price range $200,000 - $570,000
- Average Sold Price - $334,000
- Average sale to list price ratio - 93%
- Average time on market - 3.3 months
- Current Properties on the market for sale-175
- Current Price range - $175,000-$2,495,000 (Avg. $369,000)
- Supply of properties in relation to sales - 4.4 Year
For Zip Code 33187
- Sold in Past 6 months -31
- Closed Price range $89,900-$509,000
- Average Sold Price - $327,000
- Average sale to list price ratio - 95%
- Average time on market - 3 months
- Current Properties on the market for sale-273
- Current Price range - $49,400-$2,295,000 (Avg. $449,000)
- Supply of properties in relation to sales - 4.4 Yea
For Zip Code 33170
- Sold in Past 6 months -15
- Closed Price range $65,000-$850,000
- Average Sold Price - $357,186
- Average sale to list price ratio - 93%
- Average time on market - 4 months
- Current Properties on the market for sale-195
- Current Price range - $99,000-$2,499,000 (Avg. $392,000)
- Supply of properties in relation to sales - 6.5 Years
For Zip Code 33030
- Sold in Past 6 months -45
- Closed Price range $92,000-$645,000
- Average Sold Price - $252,000
- Average sale to list price ratio - 93%
- Average time on market - 4.1 months
- Current Properties on the market for sale-381
- Current Price range - $29,000-$3,600,000 (Avg. $312,000)
- Supply of properties in relation to sales - 4.4 Years
For Zip Code 33031
- Sold in Past 6 months -31
- Closed Price range $204,000-999,000
- Average Sold Price - $446,000
- Average sale to list price ratio - 94%
- Average time on market - 5 months
- Current Properties on the market for sale-174
- Current Price range - $49,400-$2,295,000 (Avg. $602,000)
- Supply of properties in relation to sales - 2.8 Years
For Zip Code 33032
- Sold in Past 6 months -36
- Closed Price range $100,000-$380,000
- Average Sold Price - $226,000
- Average sale to list price ratio - 98%
- Average time on market - 3 months
- Current Properties on the market for sale-523
- Current Price range - $99,000-$4,750,000 (Avg. $296,000)
- Supply of properties in relation to sales - 7.2 Years
* Single Family Residential Statistics ONLY!
What does this mean for sellers of Properties in South-West Miami-Dade County? Let's take a quick look...
Sellers - this means to you that homes that are priced correctly for the market are selling in about 3-5 months for an average of 95% of list price.
- Best zip for least amount of competition - 33031 (2.8 years of supply)
- Best zip for highest average sale price - 33031 ($446,000)
- Best zip to sell the fastest - 33187 and 33032 (3 months)
- Best zip to sell closest to list price - 33032 (98%)
If you are thinking about selling your property, contact Janie at 786-252-4970.
Janie Coffey, Broker, GRI, TRC
786-252-4970
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