MEDIAN SALE PRICE
$865K
▲ 17.0% YoY
MEDIAN $/SF
$427
▲ 4.4% YTD
ACTIVE INVENTORY
68
for sale
SOLD VS. ORIGINAL ASK
93.6%
NEW96.1% of final list
DAYS TO CONTRACT
59
NEW108 to close
MARKET PULSE
0.16
Buyer's market
Price cuts (trailing 30d): 11 · 16.2% of active · maturing to a full 30-day share
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
33031
BUYER'S ADVANTAGE
Today 0.16 · Miami-Dade County 0.27
MARKET SUMMARY · 12 MONTHS
| Median sale price | $865K | |
| Median $/SF | $427 | |
| Median days on market | 111 | |
| Total sales (12mo) | 87 | |
| New listings (12mo) | 153 | |
| Sold ÷ original ask NEW | 93.6% | |
| Sold ÷ final list price NEW | 96.1% | |
| Sold below original ask NEW | 83% | |
| Median days to contract NEW | 59 | |
| Median days to close NEW | 108 | |
| How buyers paid NEW | 17% cash · 77% fin. · 6% n/d | |
| Months of supply | — | 9.4 |
| Sale-to-just-value ALL HOMES | — | 1.38× |
| Owner-occupied ALL HOMES | — | 77.9% |
TIER HEALTH · NEW VS. ABSORBED
| TIER | MEDIAN | NEW | ABS. | BALANCE |
| $2–5M | $2.71M | 3 | — | BUILDING |
| $1–2M | $1.47M | 5 | 1 | BUILDING 5.0:1 |
| Under $1M | $787K | 8 | 7 | BALANCED |
Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.
TIME TO SELL · LISTING TO CLOSING
NEW59
days, listing → contract
38
days, contract → closing
108
days, listing → closing
How long single-family homes took to go under contract
Medians of 86 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.
HOW BUYERS PAID
NEW19%
cash share of disclosed sales
Financing reported on 94% of sales (81 of 86).
Cash: paid entirely in cash. Financed: any mortgage or loan, including a mix of cash and loan. Not disclosed: payment method not reported, or reported only as “Other” / 1031 exchange. 86 closed sales of single-family homes, Nov 2025 – Oct 2026.
WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDStax-roll figures cover all homes · appreciation is single-family homes
77.9%
Owner-occupied (homestead)
1.38×
Sale-to-just-value ratio
39.1%
Homes sold, 10-yr
+4.4%
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.
RENTAL MARKET for-lease single-family homes · separate from the for-sale figures above
$4,225/mo
Median asking rent
6
Active rentals
1
New listings (30d)
86
Median days on market
FREQUENTLY ASKED · 33031
How much do single-family homes cost in 33031?
The median sale price in 33031 is $865K over the trailing 90 days, and the median list price is $1,269,999.
Is 33031 a buyer's or seller's market?
33031 is currently a buyer's market. Its market pulse — pending sales divided by active listings — is 0.16; readings at or above 0.60 favor sellers and below 0.40 favor buyers.
How many single-family homes are for sale in 33031?
There are 68 active for-sale listings of single-family homes in 33031 as of snapshot 2026-W45, updated weekly.
How long do single-family homes take to sell in 33031?
Single-family homes in 33031 spend a median of 111 days on market.
What is the price per square foot in 33031?
The median list price per square foot in 33031 is $427.
What share of 33031 homes are owner-occupied?
About 77.9% of homes in 33031 are owner-occupied (homestead), per public property records.
How often do homes sell in 33031?
About 39.1% of homes in 33031 have changed hands over the past decade — roughly 3.9% per year — based on qualified arm's-length sales in public deed records.
How long do homeowners typically own in 33031?
Homeownership in 33031 skews long-term: only about 39% of homes had a qualified sale in the past decade, so roughly 61% of owners have held 10+ years, per public deed records.
Are single-family home prices in 33031 rising or falling?
The median sale price in 33031 is $865K, up 17.0% year over year and the median price per square foot is up 15.4%. Figures compare the trailing 90 days to the same period a year earlier.
How much housing inventory does 33031 have?
33031 has about 9.4 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-W45.