From October through December of 2019, there were 38 homes sold, with a median sale price of $255,000 - a 37.8% increase over the $185,000 median sale price for the same period of the previous year. There were 54 homes sold in North Bay Village in the fourth quarter of 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 the fourth quarter of 2019.
The following table compares North Bay Village to other Miami-Dade County cities with similar median sales prices in the fourth quarter of 2019:
| City | Oct. - Dec. 2019 Home Sales | Oct. - Dec. 2018 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2019 Median Sales Price | Oct. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Doral | 90 | 255 | -64.7% | $275,000 | $255,000 | 7.8% |
| Aventura | 200 | 301 | -33.6% | $270,000 | $285,000 | -5.3% |
| Opa-Locka (unincorporated) | 36 | 48 | -25% | $263,500 | $261,750 | 0.7% |
| West Perrine | 33 | 40 | -17.5% | $257,000 | $220,500 | 16.6% |
| Miami (unincorporated) | 1,186 | 2,100 | -43.5% | $255,000 | $225,000 | 13.3% |
| North Bay Village | 38 | 54 | -29.6% | $255,000 | $185,000 | 37.8% |
| Hialeah (unincorporated) | 102 | 180 | -43.3% | $250,000 | $182,000 | 37.4% |
| Hialeah Gardens | 28 | 35 | -20% | $249,750 | $166,300 | 50.2% |
| Bay Harbor Islands | 15 | 41 | -63.4% | $240,000 | $285,000 | -15.8% |
| Hialeah | 284 | 421 | -32.5% | $225,000 | $205,000 | 9.8% |
| North Miami Beach | 92 | 159 | -42.1% | $220,000 | $190,000 | 15.8% |
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