Price drops in Miami
Listings for sale in Miami, QLD 4220 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
10
13% of 75 live listings
Median cut
3.7%
$65K off the asking price
Days listed before cut
60
median, first listed to latest cut
Cuts, last 30 / 90 days
8 / 10
1 listing has raised instead
Miami price-drop summary
10 listings in Miami (13% of the 75 on the market) are advertised below an earlier asking price. The typical reduction is 3.7%, about $65K. Apartment listings account for 5 of them, with a median cut of 6.7%. Going the other way, 1 listing has raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Apartment | 5 | 6.7% |
| Duplex+Semi Detached | 2 | 4.8% |
| House | 2 | 3.4% |
| Other | 1 | 3.8% |
Largest current cuts in Miami
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 1/2105 Gold Coast Highway | $930,000 | $850,000 | -8.6% | 2 bed Apartment | |
| A15/1 Great Hall Drive | $1,349,000 | $1,249,000 | -7.4% | 3 bed Apartment | |
| 3/4 Mountain View Avenue | $1,050,000 | $980,000 | -6.7% | 2 bed Apartment | |
| 2/59 Sunshine Parade | $1,550,000 | $1,450,000 | -6.5% | 3 bed Duplex+Semi Detached | |
| 1/6 Pheasant Court | $1,195,000 | $1,150,000 | -3.8% | 3 bed | |
| 39 Kallay Street | $2,699,000 | $2,599,000 | -3.7% | 4 bed House | |
| 2/2103 Gold Coast Highway | $1,190,000 | $1,150,000 | -3.4% | 2 bed Apartment | |
| 63/7 Redondo Avenue | $929,000 | $899,000 | -3.2% | 2 bed Apartment | |
| 14 Chainey Avenue | $1,750,000 | $1,695,000 | -3.1% | 3 bed House | |
| 2/124 Sunshine Parade | $1,950,000 | $1,890,000 | -3.1% | 3 bed Duplex+Semi Detached |
Suburb profile
Miami market data
Median prices, rents, growth and vacancy for Miami.
Sold prices
Recent sales in Miami
What buyers actually paid, and how it compared with the asking price.
Australia-wide
All price rises and cuts
The national feed of asking-price changes, filterable by state, type and size of change.
Price drops in Miami: common questions
How many properties in Miami have had a price drop?
10 listings for sale in Miami QLD 4220 are currently advertised below an earlier asking price, 13% of the 75 listings on the market. 8 of those cuts were recorded in the last 30 days and 10 in the last 90.
How much are Miami sellers cutting their prices by?
The median cut is 3.7%, or $65K, measured from the previous advertised asking price to the current one on each listing.
How long are Miami listings on the market before the price drops?
A median of 60 days from when the listing first appeared to its latest price cut, across 10 listings.
What counts as a price drop here?
A listing that is still for sale and whose current advertised asking price was set by a reduction from its previous asking price. Changes that cannot be confirmed as one advertisement repricing, such as several ads sharing one address, are left out.
Showing at most 30 listings. Asking prices are as advertised; a cut is not a sale price.