In May 2018, there were 25 homes sold, with a median sale price of $245,000 - a 1.3% increase over the $241,750 median sale price for the same period of the previous year. There were 30 homes sold in North Bay Village in May 2017.
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 May 2018.
The following table compares North Bay Village to other Miami-Dade County cities with similar median sales prices in May 2018:
City | May 2018 Home Sales | May 2017 Home Sales | % change (Total Home Sales) | May 2018 Median Sales Price | May 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Cutler Bay | 105 | 97 | 8.2% | $273,000 | $250,000 | 9.2% |
Kendall | 136 | 153 | -11.1% | $269,250 | $270,000 | -0.3% |
Bay Harbor Islands | 12 | 9 | 33.3% | $262,500 | $300,000 | -12.5% |
South Miami (unincorporated) | 21 | 27 | -22.2% | $260,000 | $287,000 | -9.4% |
North Miami Beach (unincorporated) | 4 | 3 | 33.3% | $257,100 | $215,000 | 19.6% |
North Bay Village | 25 | 30 | -16.7% | $245,000 | $241,750 | 1.3% |
Homestead (unincorporated) | 72 | 103 | -30.1% | $240,500 | $220,000 | 9.3% |
Richmond Heights | 14 | 13 | 7.7% | $239,500 | $243,000 | -1.4% |
Opa-Locka (unincorporated) | 21 | 28 | -25% | $235,000 | $240,000 | -2.1% |
Miami (unincorporated) | 685 | 798 | -14.2% | $229,000 | $215,000 | 6.5% |
Miami Gardens | 164 | 175 | -6.3% | $227,750 | $177,600 | 28.2% |