clock menu more-arrow no yes

Miami housing market trends across 12 hot neighborhoods, mapped

Led by Coral Gables’ highest median sales price

View as Map

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.

Read More

1. Coral Gables

Copy Link

Median price: $730K (+4%)

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

Closings: 178 (-6%)

New listings: 489 (-9%)

2. Coconut Grove

Copy Link

Median price: $703K (+4%)

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

Closings: 113 (+6%)

New listings: 283 (-4%)

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
via Kathleen Morris

3. Mid Beach

Copy Link

Median price: $650K (+11%)

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

Closings: 143 (-7%)

New listings: 558 (-2%)

intracoastal view from the balcony of a condo.
A condo for sale at 5600 Collins Avenue
via The Coetzee Group

4. Wynwood/Midtown

Copy Link

Median price: $495K (+28%)

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

Closings: 30 (+43%)

New listings: 96 (-13%)

5. Upper East Side

Copy Link

Median price: $383K (-8%)

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

Closings: 60 (+28%)

New listings: 175 (-2%)

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
via Graber Realty

6. Brickell

Copy Link

Median price: $360K (+7%)

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

Closings: 177 (+2%)

New listings: 884 (-1%)

7. Edgewater

Copy Link

Median price: $345K (+10%)

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

Closings: 69 (+13%)

New listings: 311 (-5%)

A penthouse at Palm Bay in Edgewater with an unbelievable view
A penthouse view at Palm Bay in Edgewater
via Sotheby’s/Raymond de Leon

8. Aventura, FL

Copy Link

Median price: $319K (+3%)

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

Closings: 238 (-2%)

New listings: 879 (+6%)

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
Courtesy of Ancona Realty

9. South Beach

Copy Link

Median price: $283K (-9%)

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

Closings: 242 (-8%)

New listings: 815 (-10%)

10. Little Havana

Copy Link

Median price: $280K (+17%)

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

Closings: 80 (-33%)

New listings: 220 (—1%)

A building in Little Havana with an arty Little Havana painted on the side
A building in Little Havana
Steven Brooks Studios c/o The National Trust for Historic Preservation

11. North Beach

Copy Link

Median price: $263K (-24%)

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

Closings: 92 (-31%)

New listings: 365 (-3%)

12. Little Haiti

Copy Link

Median price: $210K (+4%)

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

Closings: 39 (33%)

New listings: 111 (-34%)

A home for sale in Little Haiti
via zillow

1. Coral Gables

Florida

Median price: $730K (+4%)

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

Closings: 178 (-6%)

New listings: 489 (-9%)

2. Coconut Grove

Miami, FL
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
via Kathleen Morris

Median price: $703K (+4%)

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

Closings: 113 (+6%)

New listings: 283 (-4%)

3. Mid Beach

Miami Beach, FL
intracoastal view from the balcony of a condo.
A condo for sale at 5600 Collins Avenue
via The Coetzee Group

Median price: $650K (+11%)

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

Closings: 143 (-7%)

New listings: 558 (-2%)

4. Wynwood/Midtown

Miami, FL

Median price: $495K (+28%)

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

Closings: 30 (+43%)

New listings: 96 (-13%)

5. Upper East Side

Miami, FL
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
via Graber Realty

Median price: $383K (-8%)

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

Closings: 60 (+28%)

New listings: 175 (-2%)

6. Brickell

Miami, FL

Median price: $360K (+7%)

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

Closings: 177 (+2%)

New listings: 884 (-1%)

7. Edgewater

Miami, FL
A penthouse at Palm Bay in Edgewater with an unbelievable view
A penthouse view at Palm Bay in Edgewater
via Sotheby’s/Raymond de Leon

Median price: $345K (+10%)

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

Closings: 69 (+13%)

New listings: 311 (-5%)

8. Aventura, FL

Florida
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
Courtesy of Ancona Realty

Median price: $319K (+3%)

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

Closings: 238 (-2%)

New listings: 879 (+6%)

9. South Beach

Miami Beach, FL

Median price: $283K (-9%)

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

Closings: 242 (-8%)

New listings: 815 (-10%)

10. Little Havana

Miami, FL
A building in Little Havana with an arty Little Havana painted on the side
A building in Little Havana
Steven Brooks Studios c/o The National Trust for Historic Preservation

Median price: $280K (+17%)

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

Closings: 80 (-33%)

New listings: 220 (—1%)

11. North Beach

Miami Beach, FL

Median price: $263K (-24%)

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

Closings: 92 (-31%)

New listings: 365 (-3%)

12. Little Haiti

Miami, FL
A home for sale in Little Haiti
via zillow

Median price: $210K (+4%)

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

Closings: 39 (33%)

New listings: 111 (-34%)