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Clay County Times

Wednesday, January 15, 2025

North Bay Village home prices fall in September 2018

Realestate2

The median sale price of a home sold in September 2018 in North Bay Village fell by $144,000 while total sales increased by 23.5%, according to BlockShopper.com.

In September 2018, there were 21 homes sold, with a median sale price of $215,000 - a 40.1% decrease over the $359,000 median sale price for the same period of the previous year. There were 17 homes sold in North Bay Village in September 2017.

The median sales tax in North Bay Village for the most recent year with available data, 2015, was $3,164, approximately 1.5% of the median home sale price for September 2018.

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

CitySept. 2018 Home SalesSept. 2017 Home Sales% change (Total Home Sales)Sept. 2018 Median Sales PriceSept. 2017 Median Sales Price% change (Median Sales Price)
Sweetwater5425%$232,400$187,00024.3%
Miami (unincorporated) 69542065.5%$232,000$211,00010%
Virginia Gardens40-$230,000$0-
Richmond Heights147100%$228,500$217,0005.3%
Homestead (unincorporated) 774763.8%$218,000$215,0001.4%
North Bay Village211723.5%$215,000$359,000-40.1%
North Miami735240.4%$185,100$146,20026.6%
Brownsville12933.3%$172,250$85,000102.6%
West Perrine10742.9%$163,250$133,33322.4%
Hialeah (unincorporated) 623672.2%$158,950$158,5000.3%
Homestead988614%$151,950$148,7502.2%

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