Golden Glades Home Prices & Values

$136,600 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 7.5% 1-year change
  • 2.1% 1-year forecast

Market Temperature: WarmWhat's This?
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Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in Golden Glades is $136,600. Golden Glades home values have gone up 7.5% over the past year and Zillow predicts they will rise 2.1% within the next year. The median list price per square foot in Golden Glades is $83, which is lower than the Miami-Fort Lauderdale Metro average of $158. The median price of homes currently listed in Golden Glades is $100,000 while the median price of homes that sold is $129,706.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Golden Glades is 26.1%, which is higher than the national value of 7.2%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Golden Glades homeowners underwater on their mortgage is 34.9%, which is higher than Miami-Fort Lauderdale Metro at 24.9%.

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Relative ZHVI
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Golden Glades Market Overview

Data through May 31, 2014
  • $136,600 ZHVI
  • 2.1% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (May 31, 2015)
  • $100,000 Median listing price
  • $129,706 Median sale price
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Golden Glades Market Health

Data through May 31, 2014
  • 2.4/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • 34.9% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 26.1% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Miami Shores $439,700 Biscayne Park $356,400 North Miami Beach $141,200
North Miami $130,700 Miami Gardens $122,400 Ives Estates $108,400
Pinewood $90,000 Opa-locka $83,900 Norland $55,000

Listings & Sales

Data through May 31, 2014
  • $83 Median list price / sq ft
  • $85 Median sale price / sq ft
  • 16.7% Listings with price cut
21.9%
Sold below listing
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Golden Glades Rentals

Data through May 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,632 Golden Glades
$1,742 Miami-Fort Lauderdale Metro
$1,310 United States
  • 2.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • $1.09 Rent list price / sq ft
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