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Clay County Times

Wednesday, January 15, 2025

North Bay Village home prices fall in November 2018

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The median sale price of a home sold in November 2018 in North Bay Village fell by $40,650 while total sales increased by 18.8%, according to BlockShopper.com.

In November 2018, there were 19 homes sold, with a median sale price of $190,000 - a 17.6% decrease over the $230,650 median sale price for the same period of the previous year. There were 16 homes sold in North Bay Village in November 2017.

The median sales tax in North Bay Village for the most recent year with available data, 2015, was $3,164, approximately 1.7% of the median home sale price for November 2018.

The following table compares North Bay Village to other Miami-Dade County cities with similar median sales prices in November 2018:

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Hialeah124148-16.2%$223,750$188,25018.9%
Richmond Heights15966.7%$220,000$229,000-3.9%
Miami Gardens1291290%$208,900$189,60010.2%
Opa-Locka1011-9.1%$204,000$85,000140%
Bay Harbor Islands770%$195,000$315,000-38.1%
North Bay Village191618.8%$190,000$230,650-17.6%
Homestead98962.1%$180,000$151,50018.8%
West Perrine14955.6%$175,250$144,00021.7%
Sweetwater10742.9%$175,000$356,000-50.8%
Hialeah Gardens161323.1%$172,500$195,000-11.5%
Hialeah (unincorporated) 60559.1%$165,200$175,000-5.6%

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