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Clay County Times

Wednesday, January 15, 2025

North Bay Village home prices fall in March 2019

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The median sale price of a home sold in March 2019 in North Bay Village fell by $11,500 while total sales increased by 113.3%, according to BlockShopper.com.

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:

CityMar. 2019 Home SalesMar. 2018 Home Sales% change (Total Home Sales)Mar. 2019 Median Sales PriceMar. 2018 Median Sales Price% change (Median Sales Price)
Miami562606-7.3%$283,750$277,7502.2%
Kendall1251231.6%$278,000$285,000-2.5%
Richmond Heights915-40%$269,000$258,0004.3%
Palmetto Estates231921.1%$262,200$295,000-11.1%
Homestead (unincorporated) 84779.1%$250,000$225,00011.1%
North Bay Village3215113.3%$248,500$260,000-4.4%
Miami (unincorporated) 701746-6%$239,000$219,5008.9%
Florida City (unincorporated) 660%$238,250$86,000177%
Hialeah (unincorporated) 61610%$225,000$164,00037.2%
North Miami Beach7192-22.8%$220,000$188,95016.4%
Miami Gardens16514216.2%$209,500$175,00019.7%

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