Pricing for the median home in Sunny Isles Beach increased during January 2021

Medium realestate5

The median sale price of a home sold in January 2021 in Sunny Isles Beach rose by $418,000 while total sales decreased by 47.9%, according to

In January 2021, there were 38 homes sold, with a median sale price of $685,000 - a 156.6% increase over the $267,000 median sale price for the same period of the previous year. There were 73 homes sold in Sunny Isles Beach in January 2020.

The median sales tax in Sunny Isles Beach for the most recent year with available data, 2019, was $4,584, approximately 0.7% of the median home sale price for January 2021.

The following table compares Sunny Isles Beach to other Miami-Dade County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Miami Beach146238-38.7%$1,342,500$329,500307.4%
Coral Gables5681-30.9%$1,095,000$632,00073.3%
South Miami (unincorporated) 1435-60%$1,085,000$375,000189.3%
Sunny Isles Beach3873-47.9%$685,000$267,000156.6%
Palmetto Bay1860-70%$660,500$437,00051.1%
El Portal16-83.3%$655,000$472,00038.8%
Miami Shores2026-23.1%$655,000$527,50024.2%
South Miami724-70.8%$600,000$407,50047.2%
Biscayne Park24-50%$567,500$530,0007.1%

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