#A11738031, Ashley Bello, Listing Office: BHHS EWM Realty
City Center Housing Market Report January 2025•Miami-Dade County, Florida
Housing Prices in City Center, FL
How much do homes in City Center, FL cost?
Housing Market Conditions
Is City Center, FL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
City Center is a Buyer's Market
Difference Since January 2024
Since last year, City Center has remained a Buyer's Market.
City Center is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in City Center have sold for 35.9% more than they did a year ago.
Summary: The median home sold price in City Center was $672,500 in January 2025, up 35.9% from last year, and the median price per square foot was $788.
Median Sold Price By City
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Bayshore | $1.6M | $2.5M | +50.7% |
City Center | $495K | $672.5K | +35.9% |
Ocean Front | $585K | $599.5K | +2.5% |
Flamingo / Lummus | $295K | $300K | +1.7% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $400K | $427.5K | +6.9% |
22 Bedrooms | $825K | $1.5M | +92.4% |
33 Bedrooms | $4.5M | $6.2M | +38.3% |
44 Bedrooms | - | - | N/A |
55+ Bedrooms | - | - | N/A |
Summary: City Center housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +6.9%. The home price for 2 bedroom homes increased by +92.4%. The home price for 3 bedroom homes increased by +38.3%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in City Center, FL
How many homes are available in City Center, FL?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
185Last MonthJan 2025 | ||
1652 months agoDec 2024 | +12.1 % Change MoMDec – Jan |
Summary: The City Center real estate market had 185 homes for sale in Jan 2025, a 12.1 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
6Last MonthJan 2025 | ||
62 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 84 | 92 | +9.5% |
22 Bedrooms | 64 | 74 | +15.6% |
33 Bedrooms | 14 | 16 | +14.3% |
44 Bedrooms | 3 | 3 | 0.0% |
55+ Bedrooms | 0 | 0 | 0.0% |
Summary: City Center housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +9.5%. The inventory for 2 bedroom homes increased by +15.6%. The inventory for 3 bedroom homes increased by +14.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in City Center, FL cost?
Over Asking Price2 Homes
At Asking Price0 Home
Under Asking Price4 Homes
If you're buying a home in City Center, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in City Center in January 2025, the same as the previous month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and and 33% were sold over asking.
Days on Market for City Center, FL
How long does it take to sell a home in City Center, FL?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days2 Homes
Over 90 Days1 Home
Many homes in City Center are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 6 homes were sold in City Center; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
62 DaysThis YearJan 2025 | ||
88 Days1 year agoJan 2024 | -29.4 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in City Center had an average listing age of 62 days in Jan 2025, down by 29.4% compared to the previous year.
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Newest Listings in City Center, FL
What homes are available in City Center, FL?
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MLS Disclaimers and Copyright
Based on information from Miami MLS, Stellar MLS, Beaches MLS, and Florida Gulf Coast MLS for the period 02/01/2023 - 02/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 1:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 1:20:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 1:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.