Miami Beach, FL 33139
557 Michigan Ave Market Trends
Market Action
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Shows who has more leverage in the market
0–30 favors buyers
30–100 favors sellers
Selling Speed
8
SteadyShows how quickly homes are being absorbed by buyers
20%+ Fast
8–19.9% Steady
Below 8% Slow
Inventory Supply
12.5
HighShows how many months it would take to sell current inventory
0–3 Low
3–6 Balanced
6+ High
Sales Activity
0.08
QuietShows how often homes are selling in this community
2+/mo Active
0.75–1.99/mo Steady
Below 0.75/mo Quiet
Community rating based on resident and buyer reviews
4.5+ Excellent
4.0–4.49 Good
3.0–3.99 Average
Below 3.0 Below Average
557 Michigan Ave Market Status
Rolling 12-Month Calculation • Updated 07-01-2026
Market Report For 557 Michigan Ave
Closed Sales as of Jul 1, 2026
$235,000
Median Closing Price
$552
Price Per Square Foot
1
Properties Sold in last year
Active Listings for Sale Overview
Listings as of Jul 1, 2026
$330,000
Median Listing Price
$552
Price Per Square Foot
1
Properties For Sale
Price Reductions for Active Sale Listings in 557 Michigan Ave
Price Reductions for Closed Sale in 557 Michigan Ave
Community Snapshot
~$1.00
HOA Mo. Fee $/per SqFt
N/A
Avg. Days On Market
$330,000
Median Ask Price
$633
Median Ask $/SqFt
$235,000
Median Sold Price
$552
Median Sold $/SqFt
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