MEDIAN SALE PRICE
$475K
▼ 18.1% YoY
MEDIAN $/SF
$545
▼ 8.3% YTD
ACTIVE INVENTORY
901
for sale
SOLD VS. ORIGINAL ASK
92.5%
NEW95.7% of final list
DAYS TO CONTRACT
86
NEW122 to close
MARKET PULSE
0.05
Buyer's market
Price cuts (trailing 30d): 135 · 15.0% of active · maturing to a full 30-day share
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
33132
BUYER'S ADVANTAGE
Today 0.05 · Miami-Dade County 0.13
MARKET SUMMARY · 12 MONTHS
| Median sale price | $475K | |
| Median $/SF | $545 | |
| Median days on market | 123 | |
| Total sales (12mo) | 399 | |
| New listings (12mo) | 1,326 | |
| Sold ÷ original ask NEW | 92.5% | |
| Sold ÷ final list price NEW | 95.7% | |
| Sold below original ask NEW | 94% | |
| Median days to contract NEW | 86 | |
| Median days to close NEW | 122 | |
| How buyers paid NEW | 54% cash · 44% fin. · 3% n/d | |
| Months of supply | — | 27.1 |
| Sale-to-just-value ALL HOMES | — | 1.30× |
| Owner-occupied ALL HOMES | — | 18.5% |
TIER HEALTH · NEW VS. ABSORBED
| TIER | MEDIAN | NEW | ABS. | BALANCE |
| $5M+ | $7.5M | 3 | — | BUILDING |
| $2–5M | $2.92M | 18 | — | BUILDING |
| $1–2M | $1.42M | 30 | 1 | BUILDING 30.0:1 |
| Under $1M | $540K | 115 | 25 | BUILDING 4.6:1 |
Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.
TIME TO SELL · LISTING TO CLOSING
NEW86
days, listing → contract
31
days, contract → closing
122
days, listing → closing
How long condos and townhomes took to go under contract
Medians of 399 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.
HOW BUYERS PAID
NEW55%
cash share of disclosed sales
Financing reported on 97% of sales (388 of 399).
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. 399 closed sales of condos and townhomes, Nov 2025 – Oct 2026.
WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDStax-roll figures cover all homes · appreciation is condos and townhomes
18.5%
Owner-occupied (homestead)
1.30×
Sale-to-just-value ratio
59.1%
Homes sold, 10-yr
-8.3%
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 condos and townhomes · separate from the for-sale figures above
$4,000/mo
Median asking rent
565
Active rentals
153
New listings (30d)
58
Median days on market
CONDO BUILDINGS IN 33132
Most active buildings by for-sale inventory · full building directory →
Monthly market report for 33132 → · Miami-Dade County market →
FREQUENTLY ASKED · 33132
How much do condos and townhomes cost in 33132?
The median sale price in 33132 is $475K over the trailing 90 days, and the median list price is $625,000.
Is 33132 a buyer's or seller's market?
33132 is currently a buyer's market. Its market pulse — pending sales divided by active listings — is 0.05; readings at or above 0.60 favor sellers and below 0.40 favor buyers.
How many condos and townhomes are for sale in 33132?
There are 901 active for-sale listings of condos and townhomes in 33132 as of snapshot 2026-W45, updated weekly.
How long do condos and townhomes take to sell in 33132?
Condos and townhomes in 33132 spend a median of 123 days on market.
What is the price per square foot in 33132?
The median list price per square foot in 33132 is $545.
What share of 33132 homes are owner-occupied?
About 18.5% of homes in 33132 are owner-occupied (homestead), per public property records.
How often do homes sell in 33132?
About 59.1% of homes in 33132 have changed hands over the past decade — roughly 5.9% per year — based on qualified arm's-length sales in public deed records.
How long do homeowners typically own in 33132?
Homeownership in 33132 skews long-term: only about 59% of homes had a qualified sale in the past decade, so roughly 41% of owners have held 10+ years, per public deed records.
Are condo and townhome prices in 33132 rising or falling?
The median sale price in 33132 is $475K, down 18.1% year over year and the median price per square foot is down 7.0%. Figures compare the trailing 90 days to the same period a year earlier.
How much housing inventory does 33132 have?
33132 has about 27.1 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.