In February 2019, there were 17 homes sold, with a median sale price of $295,000 - a 12.4% increase over the $262,500 median sale price for the same period of the previous year. There were 24 homes sold in North Bay Village in February 2018.
The median sales tax in North Bay Village for the most recent year with available data, 2015, was $3,164, approximately 1.1% of the median home sale price for February 2019.
The following table compares North Bay Village to other Miami-Dade County cities with similar median sales prices in February 2019:
City | Feb. 2019 Home Sales | Feb. 2018 Home Sales | % change (Total Home Sales) | Feb. 2019 Median Sales Price | Feb. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Sunny Isles Beach | 39 | 50 | -22% | $355,000 | $375,500 | -5.5% |
Virginia Gardens | 3 | 3 | 0% | $350,000 | $340,000 | 2.9% |
Miami Shores | 21 | 15 | 40% | $350,000 | $497,000 | -29.6% |
West Perrine | 9 | 4 | 125% | $305,000 | $143,450 | 112.6% |
Miami Lakes | 28 | 27 | 3.7% | $297,500 | $285,000 | 4.4% |
North Bay Village | 17 | 24 | -29.2% | $295,000 | $262,500 | 12.4% |
Cutler Bay | 68 | 71 | -4.2% | $295,000 | $262,000 | 12.6% |
Florida City (unincorporated) | 4 | 2 | 100% | $292,500 | $71,000 | 312% |
Doral | 49 | 64 | -23.4% | $280,000 | $263,000 | 6.5% |
Opa-Locka (unincorporated) | 10 | 10 | 0% | $273,000 | $212,050 | 28.7% |
Aventura | 102 | 81 | 25.9% | $272,500 | $260,000 | 4.8% |