MEDIAN SALE PRICE
$370K
▲ 12.1% YoY
MEDIAN $/SF
$321
▼ 1.9% YTD
ACTIVE INVENTORY
117
for sale
DAYS ON MARKET
66
▼ 44 days YoY
MONTHS OF SUPPLY
5.6
active ÷ 12mo sales pace
MARKET PULSE
0.42
Balanced
Price cuts (trailing 30d): 23 · 19.7% of active · maturing to a full 30-day share
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
33016
BALANCED MARKET
Today 0.42 · Miami-Dade County 0.16
MARKET SUMMARY · 12 MONTHS
| Median sale price | $370K | |
| Median $/SF | $321 | |
| Median days on market | 66 | |
| Total sales (12mo) | 16 | |
| New listings (12mo) | 35 | |
| Sold ÷ list price | 98.1% | |
| Sold below list | 69% | |
| Sale-to-just-value | — | 1.26× |
| Owner-occupied | — | 57.8% |
TIER HEALTH · NEW VS. ABSORBED
| TIER | MEDIAN | NEW | ABS. | BALANCE |
| $1–2M | $1.4M | 3 | 1 | BUILDING 3.0:1 |
| Under $1M | $285K | 24 | 14 | BUILDING 1.7:1 |
Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.
WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDS
57.8%
Owner-occupied (homestead)
1.26×
Sale-to-just-value ratio
24.5%
Homes sold, 10-yr
-1.9%
Appreciation YTD · $/SF CLOSED SALES
Appreciation YTD compares the median price per square foot of closed sales so far this year against the same period last year. Price per square foot rather than median price, because a median price moves with which homes sold — over this span South Beach ran +1.9% on median price but −4.3% per square foot. Effective tax rate: modeling in progress — the county roll carries no millage field, so we show “—” rather than an estimate.
TOP NBHDS · MEDIAN PRICE
| Palm Springs North | $747K |
| Bisc Gardens | $426K |
| Miami Lakes | $349K |
FASTEST SELLING · DOM
| Miami Lakes | 83 |
| Palm Springs North | 90 |
| Bisc Gardens | 151 |
ZIP PERFORMANCE · $/SF
| Palm Springs North | $462 |
| Miami Lakes | $337 |
| Bisc Gardens | $307 |
RENTAL MARKET for-lease · separate from the for-sale figures above
$2,250/mo
Median asking rent
131
Active rentals
43
New listings (30d)
46
Median days on market
CONDO BUILDINGS IN 33016
Most active buildings by for-sale inventory · full building directory →
MARKET NARRATIVE
The for-sale market in 33016, Miami-Dade County, is carrying 117 active listings this week at a median list price of $305,000. Fresh supply arrived over the past month — 28 new listings — against 49 pending sales, putting the market pulse at 0.42, a balanced market. Homes are taking a median of 114 days on market. For context, Miami-Dade County runs at a 0.16 pulse. If inventory keeps outpacing contracts, buyers gain room to negotiate.
Generated from this week's snapshot · every figure cited appears on this page
FREQUENTLY ASKED · 33016
How much do homes cost in 33016?
The median sale price in 33016 is $370K over the trailing 90 days, and the median list price is $305,000.
Is 33016 a buyer's or seller's market?
33016 is currently a balanced market. Its market pulse — pending sales divided by active listings — is 0.42; readings at or above 0.60 favor sellers and below 0.40 favor buyers.
How many homes are for sale in 33016?
There are 117 active for-sale listings in 33016 as of snapshot 2026-W39, updated weekly.
How long do homes take to sell in 33016?
Homes in 33016 spend a median of 66 days on market.
What is the price per square foot in 33016?
The median list price per square foot in 33016 is $321.
What share of 33016 homes are owner-occupied?
About 57.8% of homes in 33016 are owner-occupied (homestead), per public property records.
How often do homes sell in 33016?
About 24.5% of homes in 33016 have changed hands over the past decade — roughly 2.5% per year — based on qualified arm's-length sales in public deed records.
How long do homeowners typically own in 33016?
Homeownership in 33016 skews long-term: only about 25% of homes had a qualified sale in the past decade, so roughly 76% of owners have held 10+ years, per public deed records.
Are home prices in 33016 rising or falling?
The median sale price in 33016 is $370K, up 12.1% year over year and the median price per square foot is up 1.6%. Figures compare the trailing 90 days to the same period a year earlier.
How much housing inventory does 33016 have?
33016 has about 5.6 months of supply — active for-sale listings divided by the average monthly pace of closed sales over the trailing 12 months. Below roughly six months typically favors sellers; above it favors buyers.
Every figure above appears elsewhere on this page · snapshot 2026-W39.