In March 2018, there were 15 homes sold, with a median sale price of $260,000 - a 16.6% increase over the $223,000 median sale price for the same period of the previous year. There were 25 homes sold in North Bay Village in March 2017.
The median sales tax in North Bay Village for the most recent year with available data, 2015, was $3,164, approximately 1.2% of the median home sale price for March 2018.
The following table compares North Bay Village to other Miami-Dade County cities with similar median sales prices in March 2018:
| City | Mar. 2018 Home Sales | Mar. 2017 Home Sales | % change (Total Home Sales) | Mar. 2018 Median Sales Price | Mar. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Palmetto Estates | 19 | 19 | 0% | $295,000 | $227,100 | 29.9% |
| Kendall | 123 | 123 | 0% | $285,000 | $207,000 | 37.7% |
| Miami | 606 | 563 | 7.6% | $277,750 | $260,000 | 6.8% |
| Sweetwater | 7 | 6 | 16.7% | $275,000 | $257,500 | 6.8% |
| Cutler Bay | 81 | 86 | -5.8% | $272,500 | $255,550 | 6.6% |
| North Bay Village | 15 | 25 | -40% | $260,000 | $223,000 | 16.6% |
| Richmond Heights | 15 | 13 | 15.4% | $258,000 | $220,000 | 17.3% |
| Miami Springs | 12 | 12 | 0% | $248,350 | $279,000 | -11% |
| Opa-Locka (unincorporated) | 19 | 25 | -24% | $232,500 | $200,200 | 16.1% |
| Homestead (unincorporated) | 77 | 66 | 16.7% | $225,000 | $184,100 | 22.2% |
| Hialeah Gardens | 24 | 17 | 41.2% | $221,000 | $165,000 | 33.9% |
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