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Palm Beach, Broward, Miami-Dade, Martin and Saint Lucie County Residential Property Appraisals
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Miami Florida Median Home Price Stats - updated 08/23/09
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Average Listing Price
$402,184 + - Up $4,209 + 1.1% w-o-w
Week ending August 12
Median Sale Price
$185,000 - Down $114,750 - / -33.3% y-o-y
The median sales price for homes in Miami FL was $185,000 down $114,750 or 33.3%. There are 15,649
Pre-Foreclosures and 4306 Bank Owned Properties in the Miami market place as per RealtyTrac.com.
Order a property appraisal in Miami - HERE
Toll Free: 866-775-3395 Palm Beach: 561-674-0498 Cell Line: 954-415-1630 Fax Line: 561-892-0913
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www.FastFloridaAppraisals.com - Michael W. Bode
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ValuTech Services
Collect, Define, Inform
Miami Florida Market History
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Miami is a major coastal city in southeastern Florida, in the United States. Miami is the county seat of Miami-Dade
County, the most populous county in Florida. Miami is the largest city within the Miami metropolitan area, which is the
seventh-largest metro area in the United States with over 5.4 million residents.
Miami is recognized as a global city because of its importance in finance, commerce, media, entertainment, arts and
international trade. The city is home to many company headquarters, banks, and television studios. It is an
international center for popular entertainment in television, music, fashion, film, and the performing arts. The city's
Port of Miami is known for accommodating the largest volume of cruise ships in the world and is home to many
cruise line headquarters. Miami is also home to the largest concentration of international banks in the United States.
In 2008, Miami was ranked as "America's Cleanest City" according to Forbes Magazine for its year-round good air
quality, vast green spaces, clean drinking water, clean streets and city-wide recycling programs. In 2008, Miami was
also ranked the 3rd-richest city in the United States and the world's 22nd-richest city in a UBS study.
Miami is also home to a vibrant techno and dance scene and hosts the Winter Music Conference, the largest dance
event in the world, Ultra Music Festival and many electronica music-themed celebrations and festivals. Along with
neighboring Miami Beach, Miami is home to some famous nightclubs, such as Space, Mansion, Parkwest, Ink, and
Cameo. The city is known to be part of clubland, along with places such as Mykonos, Ibiza and Ayia Napa.
