The Lower Brickell housing market is not very competitive. The median sale price of a home in Lower Brickell was $673K last month, up 56.4% since last year. The median sale price per square foot in Lower Brickell is $505, down 22.3% since last year.
What is the housing market like in Lower Brickell today?
In October 2024, Lower Brickell home prices were up 56.4% compared to last year, selling for a median price of $673K. On average, homes in Lower Brickell sell after 78 days on the market compared to 47 days last year. There were 2 homes sold in October this year, down from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$672,500
+56.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lower Brickell, FL
$672,500
+56.4%
United States
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How hot is the Lower Brickell housing market?
Lower Brickell is not very competitive. Homes sell in 104 days.
0
100
8
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Multiple offers are rare.
The average homes sell for about 6% below list price and go pending in around 104 days.
Hot homes
can sell for about 2% below list price and go pending in around 70 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lower Brickell housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lower Brickell.
Flood Factor - Minor
32% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lower Brickell has a minor risk of flooding. 10 properties in Lower Brickell are likely to be
severely affected
by flooding over the next 30 years. This represents 32% of all properties in Lower Brickell. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Wind Factor - Extreme
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Lower Brickell has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lower Brickell is most at risk from hurricanes. 282 properties in Lower Brickell have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 183 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 198 mph.