$10,000 Closing Credit*
$1,000,000
2,940 SqFt
4 Beds
•3 Full Baths, 1 Partial
Gabriel Baratto, Listing Office: Coldwell Banker Realty
Is Miramar, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Miramar was a Seller's Market.
Key Takeaway
Miramar is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Miramar, FL
How much do homes in Miramar, FL cost?
Median Sold Price
$540,000
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$40,000(+8.0%)
Key Takeaway
Homes in Miramar have sold for 8% more than they did a year ago.
Summary: The median home sold price in Miramar was $540,000 in October 2024, up 8% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $215K | -10.4% |
| 2 Bedrooms | $337K | $340K | +0.9% |
| 3 Bedrooms | $460K | $500K | +8.7% |
| 4 Bedrooms | $637K | $662.5K | +4.0% |
| 5+ Bedrooms | $885K | $960K | +8.5% |
Summary: Miramar housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.4%, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 8.5%.
Median Sold Price Compared To Nearby Cities
| West Park | $393K | $443K | +12.7% |
| Miramar-Pembroke Pines | $460.3K | $513.2K | +11.5% |
| Pembroke Pines | $450K | $498K | +10.7% |
| Miramar | $500K | $540K | +8.0% |
| Miami Gardens | $439.9K | $475K | +8.0% |
Housing Supply in Miramar, FL
How many homes are available in Miramar, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 417 | 464 | +11.3% |
Summary: The Miramar real estate market had 464 homes for sale in October 2024, a 11.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 16 | +23.1% |
| 2 Bedrooms | 84 | 92 | +9.5% |
| 3 Bedrooms | 153 | 172 | +12.4% |
| 4 Bedrooms | 94 | 99 | +5.3% |
| 5+ Bedrooms | 73 | 85 | +16.4% |
Summary: The Miramar housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 23.1%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 16.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 52 | 54 | +3.8% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Miramar, you may be able to get a good deal. 72.2% of homes here sold below asking price last month.
Summary: A total of 54 homes were sold or pending in Miramar in October 2024, up by 3.8% month-over-month. Of the 54 sold homes, 72% were sold under asking, 19% were sold at asking, and 9% were sold over asking.
Days on Market for Miramar, FL
How long does it take to sell a home in Miramar, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 51 Days | +95.6% |
Summary: Homes in Miramar had an average of 51 days on market in Oct 2024, up by 95.6% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Miramar are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 54 homes were sold in Miramar; 43% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.