Momentum Housing Data · Home Values · Miami-Dade County
Buying here? See Panache homes for sale and the Panache community guide (Miami).
PANACHE (Miami, FL): 15 recorded closings in the 12 months ending 2026-09-20, a 15-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 95.3% of original asking; the median sale took 69 days (window ending 2026-09-20).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $560,000 | $332 | 69 | 95.3% | 15 |
| 2025 | $642,000 | $345 | 21 | 99.8% | 8 |
| 2024 | $535,000 | $333 | 43 | 94.2% | 12 |
| 2023 | $500,000 | $305 | 25 | 99.5% | 12 |
| 2022 | $467,000 | $273 | 13 | 100.0% | 18 |
| 2021 | $405,000 | $219 | 9 | 98.4% | 26 |
| 2020 | $370,000 | $187 | 37 | 96.6% | 17 |
| 2019 | $310,000 | $189 | 41 | 96.5% | 22 |
| 2018 | $295,500 | $186 | 21 | 96.7% | 26 |
| 2017 | $295,000 | $165 | 8 | 97.8% | 6 |
| 2016 | $294,950 | $142 | 44 | 96.5% | 8 |
| 2015 | $209,000 | $131 | 49 | 95.2% | 32 |
| 2014 | $205,000 | $121 | 68 | 96.9% | 23 |
| 2013 | $190,000 | $97 | 34 | 95.2% | 22 |
| 2012 | $201,500 | $89 | 13 | 93.1% | 10 |
Over the recorded series, PANACHE’s median sold price moved from $201,500 (2012) to $560,000 (12 months ending 2026-09-20) — +178% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2012 at $201,500. The 2020–22 run-up did what it did everywhere — PANACHE’s median moved +51% from 2019 to 2022. Against the 2025 peak of $642,000, the current median stands at -13%. Annual sales volume here has ranged from 6 to 32 closings a year (10-yr average 16.2).
Of the 31 recorded PANACHE closings since 2024, half landed between $509,950 and $652,500 (the middle two quartiles); the lowest recorded sale was $350,000 and the highest $715,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.
| Sold price band | Share of closings | Sales |
|---|---|---|
| Under $500,000 | 3 (10%) | |
| $500,000 – $566,667 | 13 (42%) | |
| $566,667 – $633,333 | 6 (19%) | |
| $633,333 – $700,000 | 7 (23%) | |
| None and up | 2 (6%) |
The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Smaller homes here have been selling at a higher price per square foot than larger ones ($364 vs $307) — the usual pattern, since lot, kitchen and baths do not scale with floor area.
| Size group | Median $/sqft | Median sold | Sold range | Sales |
|---|---|---|---|---|
| Smaller homes 1,039–1,449 sq ft | $364 | $510,000 | $420,000 – $599,000 | 10 |
| Mid-size homes 1,449–1,938 sq ft | $343 | $565,000 | $350,000 – $685,000 | 10 |
| Larger homes 1,938–2,604 sq ft | $307 | $669,000 | $500,000 – $715,000 | 11 |
At PANACHE’s $560,000 median and Miami-Dade County’s adopted 17.59 mills (FY2025-26), a home assessed at that price carries roughly $9,850 a year in property tax before exemptions, or about $9,140 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Miami-Dade County tax page.
Current asking prices run a median $550,000 against the $560,000 recorded sold median (-2%) — the gap between what sellers hope and what the record shows. Demand check: 75% of PANACHE’s listings are under contract, against 29% for ZIP 33186 and 18% for Miami-Dade County as a whole — the community is absorbing faster than its surroundings. Momentum’s market-heat index for PANACHE reads 15/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
Asking and recorded sold prices are within a few percent of each other here, so the table above is close to what a PANACHE buyer will actually pay; the spread on any single home comes down to size, condition and timing.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping PANACHE are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| SHOMA HOMES AT KENDALL | $659,500 | $306 | 40 | 4 |
| KENDALE LAKES WEST TOWNHO | $427,500 | $359 | 25 | 8 |
| LORMAR I | $500,000 | $433 | 30 | 5 |
| HAMMOCKS | $588,500 | $359 | 52 | 14 |
More PANACHE: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.