Market Action Report
November 2017
Miami-Dade County
County: Miami-Dade
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for November was 94, down 1.1%
from 95 days last month and up 11.9% from 84 days in
November of last year. The November 2017 DOM was at a mid
level compared with November of 2016 and 2015.
3 Mo Avg
100
94
95
90
84
85
82
80
75
70
D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N
14 15
16
17
Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is
a more normalized indicator on the direction of Property values.
The November 2017 Selling Price per Square Foot of $229 was
down 2.1% from $234 last month and up 2.4% from 224 in
November of last year.
300
290
280
270
260
250
240
230
220
210
200
3 Mo Avg
235
229
224
D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N
14 15
16
17
Selling Price versus Listing Price Ratio
Selling Price vs Origina