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Clay County Times

Wednesday, January 15, 2025

North Bay Village home prices rise in July 2018

Realestate3

The median sale price of a home sold in July 2018 in North Bay Village rose by $53,500 while total sales decreased by 22.6%, according to BlockShopper.com.

In July 2018, there were 24 homes sold, with a median sale price of $288,500 - a 22.8% increase over the $235,000 median sale price for the same period of the previous year. There were 31 homes sold in North Bay Village in July 2017.

The median sales tax in North Bay Village for the most recent year with available data, 2015, was $3,164, approximately 1.1% of the median home sale price for July 2018.

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

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
South Miami1921-9.5%$322,300$519,000-37.9%
El Portal69-33.3%$316,500$410,000-22.8%
Country Walk30300%$312,500$330,500-5.4%
Doral968414.3%$302,500$236,50027.9%
Palmetto Estates1724-29.2%$295,000$269,0009.7%
North Bay Village2431-22.6%$288,500$235,00022.8%
Miami6425889.2%$281,000$280,5000.2%
Hialeah Gardens1618-11.1%$272,500$167,35062.8%
Kendall1521408.6%$269,250$250,0007.7%
Opa-Locka (unincorporated) 1822-18.2%$269,250$238,50012.9%
Aventura13612211.5%$265,500$310,000-14.4%

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