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Clay County Times

Wednesday, January 15, 2025

North Bay Village home prices rise in December 2019

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The median sale price of a home sold in December 2019 in North Bay Village rose by $17,500 while total sales decreased by 50%, according to BlockShopper.com.

In December 2019, there were five homes sold, with a median sale price of $265,000 - a 7.1% increase over the $247,500 median sale price for the same period of the previous year. There were 10 homes sold in North Bay Village in December 2018.

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 December 2019.

The following table compares North Bay Village to other Miami-Dade County cities with similar median sales prices in December 2019:

CityDec. 2019 Home SalesDec. 2018 Home Sales% change (Total Home Sales)Dec. 2019 Median Sales PriceDec. 2018 Median Sales Price% change (Median Sales Price)
Hialeah15130-88.5%$295,500$207,45042.4%
Cutler Bay668-91.2%$291,000$265,0009.8%
Richmond Heights112-91.7%$285,000$233,85021.9%
Homestead (unincorporated) 465-93.8%$283,950$235,00020.8%
Miami (unincorporated) 77621-87.6%$280,000$222,50025.8%
North Bay Village510-50%$265,000$247,5007.1%
West Perrine28-75%$241,000$285,000-15.4%
Miami Gardens19117-83.8%$228,000$197,80015.3%
Bay Harbor Islands221-90.5%$213,500$387,500-44.9%
North Miami Beach747-85.1%$210,000$175,00020%
Hialeah (unincorporated) 649-87.8%$192,500$212,500-9.4%

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