The median sale price of a home sold in April in Miami Shores rose by $320,000 while total sales decreased by 88.9 percent, according to BlockShopper.com.
In April, there were four homes sold, with a median sale price of $1,100,000 - a 41 percent increase over the $780,000 median sale price for the same period of the previous year. There were 36 homes sold in Miami Shores in April 2021.
The median sales tax in Miami Shores for the most recent year with available data, 2019, was $6,536, approximately 0.6 percent of the median home sale price for April.
The following table compares Miami Shores to other Miami-Dade County cities with similar median sale prices in April:
| City | April 2022 Home Sales | April 2021 Home Sales | % change (Total Home Sales) | April 2022 Median Sales Price | April 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Coral Gables | 44 | 139 | -68.3 | $1,300,000 | $1,100,000 | 18.2 |
| Cutler Bay | 1 | 86 | -98.8 | $1,250,000 | $370,000 | 237.8 |
| Bal Harbour | 5 | 22 | -77.3 | $1,200,000 | $850,000 | 41.2 |
| Sunny Isles Beach | 8 | 119 | -93.3 | $1,195,000 | $425,000 | 181.2 |
| Aventura | 8 | 223 | -96.4 | $1,150,000 | $325,000 | 253.8 |
| Miami Shores | 4 | 36 | -88.9 | $1,100,000 | $780,000 | 41 |
| Kendall | 6 | 132 | -95.5 | $1,000,000 | $322,750 | 209.8 |
| Biscayne Park | 1 | 6 | -83.3 | $975,000 | $665,000 | 46.6 |
| Palmetto Bay | 3 | 61 | -95.1 | $875,400 | $670,000 | 30.7 |
| Sweetwater | 1 | 11 | -90.9 | $835,000 | $244,000 | 242.2 |
| Miami Lakes | 1 | 35 | -97.1 | $816,000 | $436,000 | 87.2 |
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