May Home Prices Up 4% As Inventory Dwindles

May 2020 Compared To May 2019:

Miami Single Family Home Stats

  • Number of closed transactions are down 46%
  • Median prices are up 4% from $360,000 to $375,000
  • Available properties for sale is down 16% from 6,759 homes to 5,665

Miami Town-home and Condo Stats

  • Number of closed transactions are down 61%
  • Median prices are up 7% from $243,000 to $260,000
  • Available properties for sale is down 8% from 15,893 properties to 14,705

Home prices and other stats differ from neighborhood to neighborhood. Get an accurate home valuation today!

Data provided by Florida’s Multiple Listings Services.

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