Miami housing market trends across 12 hot neighborhoods, mapped

Led by Coral Gables’ highest median sales price

By Josh Baumgard Updated May 2, 2017, 11:54am EDT

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By Josh Baumgard Updated May 2, 2017, 11:54am EDT

Earlier this morning we took a closer look at overall first quarter sales trends in both the Miami coastal mainland and Miami Beach (and its barrier islands).

Now we’ll focus on the most recent sales figures but on a more localized level, across 12 of Miami-Dade County’s hottest neighborhoods, courtesy of a new report by Gridics. The dozen areas are ordered by median sales price, from highest to lowest.

The Top 3: Coral Gables, Coconut Grove, and Mid Beach.

Note: The sales numbers were from Q1 2017, while trends (%s) compare them to Q1 2016.

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Coral Gables

Median price: $730K (+4%)

Median price per foot: $354 (+1%)

Closings: 178 (-6%)

New listings: 489 (-9%)

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A large home in Coral Gables with giant palms on either side of the home — 631 Arvida Parkway

Coconut Grove

Median price: $703K (+4%)

Median price per foot: $382 (-0.3%)

Closings: 113 (+6%)

New listings: 283 (-4%)

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A lush backyard view of a bungalow in Coconut Grove with towering trees and oaks amid a green atmosphere. — A home for sale in Coconut Grove

Mid Beach

Median price: $650K (+11%)

Median price per foot: $458 (+4%)

Closings: 143 (-7%)

New listings: 558 (-2%)

Miami Beach, FL

intracoastal view from the balcony of a condo. — A condo for sale at 5600 Collins Avenue

Wynwood/Midtown

Median price: $495K (+28%)

Median price per foot: $393 (+7%)

Closings: 30 (+43%)

New listings: 96 (-13%)

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Upper East Side

Median price: $383K (-8%)

Median price per foot: $256 (-6%)

Closings: 60 (+28%)

New listings: 175 (-2%)

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A traditional home in the upper east side with an orange roof, large backyard, and white paint — A traditional home for sale in the Upper East Side

Brickell

Median price: $360K (+7%)

Median price per foot: $370 (-3%)

Closings: 177 (+2%)

New listings: 884 (-1%)

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Edgewater

Median price: $345K (+10%)

Median price per foot: $325 (-3%)

Closings: 69 (+13%)

New listings: 311 (-5%)

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A penthouse at Palm Bay in Edgewater with an unbelievable view — A penthouse view at Palm Bay in Edgewater

Aventura, FL

Median price: $319K (+3%)

Median price per foot: $251 (-3%)

Closings: 238 (-2%)

New listings: 879 (+6%)

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A rooftop terrace with turf and a plunge pool in addition to contemporary furniture in AVentura with the bay in the background — The rooftop terrace at an Aventura penthouse

South Beach

Median price: $283K (-9%)

Median price per foot: $434 (-2%)

Closings: 242 (-8%)

New listings: 815 (-10%)

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Miami Beach, FL

Little Havana

Median price: $280K (+17%)

Median price per foot: $180 (+18%)

Closings: 80 (-33%)

New listings: 220 (—1%)

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A building in Little Havana with an arty Little Havana painted on the side — A building in Little Havana

North Beach

Median price: $263K (-24%)

Median price per foot: $268 (-6%)

Closings: 92 (-31%)

New listings: 365 (-3%)

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Miami Beach, FL

Little Haiti

Median price: $210K (+4%)

Median price per foot: $149 (+21%)

Closings: 39 (33%)

New listings: 111 (-34%)

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A home for sale in Little Haiti

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Coral Gables

Median price: $730K (+4%)

Median price per foot: $354 (+1%)

Closings: 178 (-6%)

New listings: 489 (-9%)

Open in Google Maps

A large home in Coral Gables with giant palms on either side of the home — 631 Arvida Parkway

Coconut Grove

Median price: $703K (+4%)

Median price per foot: $382 (-0.3%)

Closings: 113 (+6%)

New listings: 283 (-4%)

Open in Google Maps

A lush backyard view of a bungalow in Coconut Grove with towering trees and oaks amid a green atmosphere. — A home for sale in Coconut Grove

Mid Beach

Miami Beach, FL

Median price: $650K (+11%)

Median price per foot: $458 (+4%)

Closings: 143 (-7%)

New listings: 558 (-2%)

Miami Beach, FL

intracoastal view from the balcony of a condo. — A condo for sale at 5600 Collins Avenue

Wynwood/Midtown

Median price: $495K (+28%)

Median price per foot: $393 (+7%)

Closings: 30 (+43%)

New listings: 96 (-13%)

Open in Google Maps

Upper East Side

Median price: $383K (-8%)

Median price per foot: $256 (-6%)

Closings: 60 (+28%)

New listings: 175 (-2%)

Open in Google Maps

A traditional home in the upper east side with an orange roof, large backyard, and white paint — A traditional home for sale in the Upper East Side

Brickell

Median price: $360K (+7%)

Median price per foot: $370 (-3%)

Closings: 177 (+2%)

New listings: 884 (-1%)

Open in Google Maps

Edgewater

Median price: $345K (+10%)

Median price per foot: $325 (-3%)

Closings: 69 (+13%)

New listings: 311 (-5%)

Open in Google Maps

A penthouse at Palm Bay in Edgewater with an unbelievable view — A penthouse view at Palm Bay in Edgewater

Aventura, FL

Median price: $319K (+3%)

Median price per foot: $251 (-3%)

Closings: 238 (-2%)

New listings: 879 (+6%)

Open in Google Maps

A rooftop terrace with turf and a plunge pool in addition to contemporary furniture in AVentura with the bay in the background — The rooftop terrace at an Aventura penthouse

South Beach

Miami Beach, FL

Median price: $283K (-9%)

Median price per foot: $434 (-2%)

Closings: 242 (-8%)

New listings: 815 (-10%)

Open in Google Maps

Miami Beach, FL

Little Havana

Median price: $280K (+17%)

Median price per foot: $180 (+18%)

Closings: 80 (-33%)

New listings: 220 (—1%)

Open in Google Maps

A building in Little Havana with an arty Little Havana painted on the side — A building in Little Havana

North Beach

Miami Beach, FL

Median price: $263K (-24%)

Median price per foot: $268 (-6%)

Closings: 92 (-31%)

New listings: 365 (-3%)

Open in Google Maps

Miami Beach, FL

Little Haiti

Median price: $210K (+4%)

Median price per foot: $149 (+21%)

Closings: 39 (33%)

New listings: 111 (-34%)

Open in Google Maps

A home for sale in Little Haiti