#A11748607, Monica Hernandez, Listing Office: EAG Realty International Inc.
Cutler Bay Housing Market Report January 2025•Miami-Dade County, Florida
Housing Prices in Cutler Bay, FL
How much do homes in Cutler Bay, FL cost?
Housing Market Conditions
Is Cutler Bay, FL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Cutler Bay is a Buyer's Market
Difference Since January 2024
At the same time last year, Cutler Bay was a Seller's Market.
Cutler Bay 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 Cutler Bay have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Cutler Bay was $582,000 in January 2025, up 7.8% from last year, and the median price per square foot was $324.
Median Sold Price By Cities
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Cutler Bay | $540K | $582K | +7.8% |
Princeton-Goulds | $498.6K | $530K | +6.3% |
Kendall-Palmetto Bay | $755.8K | $773.3K | +2.3% |
Palmetto Bay | $1.0M | $1.0M | 0.3% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $187K | $192K | +2.7% |
22 Bedrooms | $275K | $317.5K | +15.5% |
33 Bedrooms | $510K | $525K | +2.9% |
44 Bedrooms | $600K | $650K | +8.3% |
55+ Bedrooms | $750K | $859K | +14.5% |
Summary: Cutler Bay housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +2.7%. The home price for 2 bedroom homes increased by +15.5%. The home price for 3 bedroom homes increased by +2.9%. The home price for 4 bedroom homes increased by +8.3%. The home price for 5 bedroom homes increased by +14.5%.
Housing supply in Cutler Bay, FL
How many homes are available in Cutler Bay, FL?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
258Last MonthJan 2025 | ||
2212 months agoDec 2024 | +16.7 % Change MoMDec – Jan |
Summary: The Cutler Bay real estate market had 258 homes for sale in Jan 2025, a 16.7 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
32Last MonthJan 2025 | ||
312 months agoDec 2024 | +3.2 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 4 | 6 | +50.0% |
22 Bedrooms | 28 | 36 | +28.6% |
33 Bedrooms | 88 | 104 | +18.2% |
44 Bedrooms | 65 | 71 | +9.2% |
55+ Bedrooms | 36 | 41 | +13.9% |
Summary: Cutler Bay housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes increased by +28.6%. The inventory for 3 bedroom homes increased by +18.2%. The inventory for 4 bedroom homes increased by +9.2%. The inventory for 5 bedroom homes increased by +13.9%.
Asking Price vs. Sold Price
How much do homes in Cutler Bay, FL cost?
Over Asking Price3 Homes
At Asking Price4 Homes
Under Asking Price25 Homes
If you're buying a home in Cutler Bay, you may be able to get a good deal. 78.1% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in Cutler Bay in January 2025, up by 3.2% month-over-month. Of the 32 sold homes, 78% were sold under asking, 13% were sold at asking, and and 9% were sold over asking.
Days on Market for Cutler Bay, FL
How long does it take to sell a home in Cutler Bay, FL?
Breakdown of Home Sale Times
Under 30 Days5 Homes
30 – 90 Days16 Homes
Over 90 Days11 Homes
Avg time on Rocket Homes in Cutler Bay has remained consistent over time.
Summary: During January 2025, 32 homes were sold in Cutler Bay; 16% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
82 DaysThis YearJan 2025 | ||
35 Days1 year agoJan 2024 | +131.2 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Cutler Bay had an average listing age of 82 days in Jan 2025, up by 131.2% compared to the previous year.
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Newest Listings in Cutler Bay, FL
What homes are available in Cutler Bay, 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
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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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.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:19:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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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: 2/21/2025, 5:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.