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Clay County Times

Wednesday, January 15, 2025

North Bay Village home prices fall in October 2018

Realestate5

The median sale price of a home sold in October 2018 in North Bay Village fell by $41,000 while total sales increased by 19%, according to BlockShopper.com.

In October 2018, there were 25 homes sold, with a median sale price of $165,000 - a 19.9% decrease over the $206,000 median sale price for the same period of the previous year. There were 21 homes sold in North Bay Village in October 2017.

The median sales tax in North Bay Village for the most recent year with available data, 2015, was $3,164, approximately 1.9% of the median home sale price for October 2018.

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

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Miami Gardens1481424.2%$196,000$206,500-5.1%
Florida City (unincorporated) 52150%$195,000$62,400212.5%
Hialeah167177-5.6%$186,400$175,0006.5%
Homestead128134-4.5%$185,800$158,45017.3%
Hialeah (unincorporated) 716312.7%$184,000$150,90021.9%
Brownsville302142.9%$177,000$89,00098.9%
North Miami8286-4.7%$170,000$170,0000%
North Bay Village252119%$165,000$206,000-19.9%
Opa-Locka201625%$161,000$103,00056.3%
Florida City121020%$144,000$112,50028%
Hialeah Gardens1017-41.2%$141,500$232,000-39%

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