Market overview
Total active
4
Avg price
$1,222,250.00
Median price
$1,174,500.00
Price range
$990,000.00 – $1,550,000.00
Avg $/sqft
$458.00
Luxury (1M+)
2
📡
Market Pulse
Based on 59 closed sales in Miami Lakes · last 12 months
💰
Median Sold Price
$720,000
from closed sales
📅
Avg. Days on Market
60 days
from list to contract
📊
Absorption Rate
13.3%
of inventory sold per month
🎯
Sale-to-List Ratio
96.3%
of asking price
Source: Spark MLS · Updated every 6h
Royal Lakes 1st Addn has 4 active home listings. Median list price is $1,174,500. Listings range from $990,000 to $1,550,000. 2 listings are $1M+. Property mix: 4 Residential.
Market snapshot
- Active listings
- 4
- Homes for sale
- 4
- Median price
- $1.2M
- Luxury homes (≥ $1M)
- 2
- With pool
- 3
Market context
The median home price in Royal Lakes 1st Addn is currently around $1,174,500, above the overall Miami Lakes median, making it a premium option for buyers looking at homes in this part of Miami Lakes.
Positioning
- ·Price: above Miami Lakes median
- ·Mix: sale-only
- ·Dominant type: Residential
- ·Pool: 3
Best fit for
- Single-family buyers
Compare homes in Royal Lakes 1st Addn with the wider Miami Lakes market
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