$3,561 Closing Credit*
$299,900
900 SqFt
2 Beds
•2 Full Baths
Yaquelin Lorenzo, Listing Office: Florida Realty of Miami Corp
Is Tamiami, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Tamiami was a Seller's Market.
Key Takeaway
Tamiami is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Tamiami, FL
How much do homes in Tamiami, FL cost?
Median Sold Price
$523,940
$346/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$33,940(+6.9%)
Key Takeaway
Homes in Tamiami have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Tamiami was $523,940 in November 2024, up 6.9% from last year, and the median price per square foot was $346.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $200K | -11.1% |
| 2 Bedrooms | $285K | $292.5K | +2.6% |
| 3 Bedrooms | $495.5K | $542.5K | +9.5% |
| 4 Bedrooms | $630K | $774.5K | +22.9% |
| 5+ Bedrooms | $1.1M | $1.5M | +33.2% |
Summary: Tamiami housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 22.9%, and 5+ bedroom homes increased by 33.2%.
Housing Supply in Tamiami, FL
How many homes are available in Tamiami, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 114 | 112 | -1.8% |
Summary: The Tamiami real estate market had 112 homes for sale in November 2024, a 1.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 44 | 42 | -4.5% |
| 3 Bedrooms | 35 | 35 | 0.0% |
| 4 Bedrooms | 22 | 20 | -9.1% |
| 5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The Tamiami housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 12 | -42.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tamiami, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Tamiami in November 2024, down by 42.9% month-over-month. Of the 12 sold homes, 42% were sold under asking, 33% were sold at asking, and 25% were sold over asking.
Days on Market for Tamiami, FL
How long does it take to sell a home in Tamiami, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 62 Days | +53.5% |
Summary: Homes in Tamiami had an average of 62 days on market in Nov 2024, up by 53.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Tamiami has remained consistent over time.
Summary: During November 2024, 12 homes were sold in Tamiami; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. This property is offered without respect to any protected classes in accordance with the law.