Market overview
Total active
4
Avg price
$1,548,500.00
Median price
$1,525,000.00
Price range
$1,299,000.00 – $1,845,000.00
Avg $/sqft
$786.00
Luxury (1M+)
4
📡
Market Pulse
Based on 25 closed sales in South Miami · last 12 months
💰
Median Sold Price
$925,000
from closed sales
📅
Avg. Days on Market
100 days
from list to contract
📊
Absorption Rate
10.3%
of inventory sold per month
🎯
Sale-to-List Ratio
96.4%
of asking price
Source: Spark MLS · Updated every 6h
Merion Park has 4 active home listings. Median list price is $1,525,000. Listings range from $1,299,000 to $1,845,000. 4 listings are $1M+. Property mix: 4 Residential.
Market snapshot
- Active listings
- 4
- Homes for sale
- 4
- Median price
- $1.5M
- Waterfront homes
- 2
- Luxury homes (≥ $1M)
- 4
- With pool
- 2
Market context
The median home price in Merion Park is currently around $1,525,000, above the overall South Miami median, making it a premium option for buyers looking at waterfront homes in this part of South Miami.
Positioning
- ·Price: above South Miami median
- ·Mix: sale-only
- ·Dominant type: Residential
- ·Luxury: 4 homes $1M+
- ·Waterfront: 2
Best fit for
- Luxury buyers
- Single-family buyers
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