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Clay County Times

Wednesday, January 15, 2025

North Bay Village home prices fall in December 2017

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The median sale price of a home sold in December 2017 in North Bay Village fell by $12,000 while total sales increased by 3.8%, according to BlockShopper.com.

In December 2017, there were 27 homes sold, with a median sale price of $239,000 - a 4.8% decrease over the $251,000 median sale price for the same period of the previous year. There were 26 homes sold in North Bay Village in December 2016.

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 December 2017.

The following table compares North Bay Village to other Miami-Dade County cities with similar median sales prices in December 2017:

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
Palmetto Estates1617-5.9%$267,550$232,00015.3%
Miami529621-14.8%$265,000$260,0001.9%
Kendall118126-6.3%$253,750$247,0002.7%
Cutler Bay6990-23.3%$253,000$225,00012.4%
Doral7981-2.5%$245,000$297,000-17.5%
North Bay Village27263.8%$239,000$251,000-4.8%
Bay Harbor Islands68-25%$225,000$280,000-19.6%
Opa-Locka (unincorporated) 1623-30.4%$224,500$205,0009.5%
Miami (unincorporated) 682851-19.9%$220,000$200,00010%
Homestead (unincorporated) 8796-9.4%$205,000$195,2505%
Miami Gardens139171-18.7%$202,000$160,00026.3%

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