In March 2019, there were 32 homes sold, with a median sale price of $248,500 - a 4.4% decrease over the $260,000 median sale price for the same period of the previous year. There were 15 homes sold in North Bay Village in March 2018.
The median sales tax in North Bay Village for the most recent year with available data, 2015, was $3,164, approximately 1.3% of the median home sale price for March 2019.
The following table compares North Bay Village to other Miami-Dade County cities with similar median sales prices in March 2019:
City | Mar. 2019 Home Sales | Mar. 2018 Home Sales | % change (Total Home Sales) | Mar. 2019 Median Sales Price | Mar. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Miami | 562 | 606 | -7.3% | $283,750 | $277,750 | 2.2% |
Kendall | 125 | 123 | 1.6% | $278,000 | $285,000 | -2.5% |
Richmond Heights | 9 | 15 | -40% | $269,000 | $258,000 | 4.3% |
Palmetto Estates | 23 | 19 | 21.1% | $262,200 | $295,000 | -11.1% |
Homestead (unincorporated) | 84 | 77 | 9.1% | $250,000 | $225,000 | 11.1% |
North Bay Village | 32 | 15 | 113.3% | $248,500 | $260,000 | -4.4% |
Miami (unincorporated) | 701 | 746 | -6% | $239,000 | $219,500 | 8.9% |
Florida City (unincorporated) | 6 | 6 | 0% | $238,250 | $86,000 | 177% |
Hialeah (unincorporated) | 61 | 61 | 0% | $225,000 | $164,000 | 37.2% |
North Miami Beach | 71 | 92 | -22.8% | $220,000 | $188,950 | 16.4% |
Miami Gardens | 165 | 142 | 16.2% | $209,500 | $175,000 | 19.7% |