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Clay County Times

Wednesday, January 15, 2025

North Bay Village home prices fall in August 2018

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The median sale price of a home sold in August 2018 in North Bay Village fell by $8,950 while total sales decreased by 24.1%, according to BlockShopper.com.

In August 2018, there were 22 homes sold, with a median sale price of $210,050 - a 4.1% decrease over the $219,000 median sale price for the same period of the previous year. There were 29 homes sold in North Bay Village in August 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 August 2018.

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

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Homestead (unincorporated) 75105-28.6%$243,000$215,00013%
Miami (unincorporated) 714790-9.6%$235,400$219,7507.1%
Richmond Heights15150%$227,000$197,10015.2%
El Portal25-60%$218,300$382,500-42.9%
Homestead113142-20.4%$215,000$178,60020.4%
North Bay Village2229-24.1%$210,050$219,000-4.1%
Hialeah168182-7.7%$204,000$211,750-3.7%
Miami Gardens17915416.2%$200,000$188,5006.1%
North Miami896439.1%$190,000$159,40019.2%
Florida City (unincorporated) 5366.7%$190,000$65,000192.3%
Hialeah (unincorporated) 676011.7%$180,000$183,500-1.9%

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