MEDIAN SALE PRICE
$1.22M
▲ 13.3% YoY
MEDIAN $/SF
$675
▲ 12.5% YTD
ACTIVE INVENTORY
209
for sale
SOLD VS. ORIGINAL ASK
91.7%
NEW94.9% of final list
DAYS TO CONTRACT
60
NEW108 to close
MARKET PULSE
0.16
Buyer's market
Price cuts (trailing 30d): 47 · 22.5% of active · maturing to a full 30-day share
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
33138
BUYER'S ADVANTAGE
Today 0.16 · Miami-Dade County 0.17
MARKET SUMMARY · 12 MONTHS
| Median sale price | $1.22M | |
| Median $/SF | $675 | |
| Median days on market | 100 | |
| Total sales (12mo) | 331 | |
| New listings (12mo) | 552 | |
| Sold ÷ original ask NEW | 91.7% | |
| Sold ÷ final list price NEW | 94.9% | |
| Sold below original ask NEW | 87% | |
| Median days to contract NEW | 60 | |
| Median days to close NEW | 108 | |
| How buyers paid NEW | 47% cash · 50% fin. · 3% n/d | |
| Months of supply | — | 7.6 |
| Sale-to-just-value | — | 1.28× |
| Owner-occupied | — | 62.9% |
TIER HEALTH · NEW VS. ABSORBED
| TIER | MEDIAN | NEW | ABS. | BALANCE |
| $5M+ | $8.93M | 4 | — | BUILDING |
| $2–5M | $2.85M | 8 | 1 | BUILDING 8.0:1 |
| $1–2M | $1.37M | 7 | 11 | SUPPLY-STARVED |
| Under $1M | $369K | 19 | 7 | BUILDING 2.7:1 |
Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.
TIME TO SELL · LISTING TO CLOSING
NEW60
days, listing → contract
36
days, contract → closing
108
days, listing → closing
| Condos & townhomes · 102 | 81 days to contract · 134 to close · 89.8% of original ask |
| Single-family · 227 | 49 days to contract · 98 to close · 92.1% of original ask |
How long homes took to go under contract
Medians of 329 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.
HOW BUYERS PAID
NEW48%
cash share of disclosed sales
Financing reported on 97% of sales (318 of 329).
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. 329 closed sales of homes, Nov 2025 – Oct 2026.
WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDS
62.9%
Owner-occupied (homestead)
1.28×
Sale-to-just-value ratio
46.2%
Homes sold, 10-yr
+12.5%
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
| Belle Meade | $6.3M |
| Miami Shores | $1.85M |
| Shorecrest | $1.2M |
| Downtown | $665K |
| Palm Bay | $434K |
| Legion Park | $357K |
FASTEST SELLING · DOM
| Miami Shores | 64 |
| Legion Park | 75 |
| Palm Bay | 85 |
| Shorecrest | 112 |
| Downtown | 120 |
| Belle Meade | 164 |
ZIP PERFORMANCE · $/SF
| Belle Meade | $1,159 |
| Downtown | $831 |
| Miami Shores | $806 |
| Shorecrest | $709 |
| Palm Bay | $427 |
| Legion Park | $416 |
RENTAL MARKET for-lease · separate from the for-sale figures above
$2,450/mo
Median asking rent
208
Active rentals
74
New listings (30d)
57
Median days on market
CONDO BUILDINGS IN 33138
Most active buildings by for-sale inventory · full building directory →
Monthly market report for 33138 → · Miami-Dade County market →
MARKET NARRATIVE
The for-sale market in 33138, Miami-Dade County, is carrying 209 active listings this week at a median list price of $849,900. Fresh supply arrived over the past month — 38 new listings — against 34 pending sales, putting the market pulse at 0.16, a buyer's market. Homes are taking a median of 98 days on market. For context, Miami-Dade County runs at a 0.17 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 · 33138
How much do homes cost in 33138?
The median sale price in 33138 is $1.22M over the trailing 90 days, and the median list price is $849,900.
Is 33138 a buyer's or seller's market?
33138 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 homes are for sale in 33138?
There are 209 active for-sale listings in 33138 as of snapshot 2026-W45, updated weekly.
How long do homes take to sell in 33138?
Homes in 33138 spend a median of 100 days on market.
What is the price per square foot in 33138?
The median list price per square foot in 33138 is $675.
What share of 33138 homes are owner-occupied?
About 62.9% of homes in 33138 are owner-occupied (homestead), per public property records.
How often do homes sell in 33138?
About 46.2% of homes in 33138 have changed hands over the past decade — roughly 4.6% per year — based on qualified arm's-length sales in public deed records.
How long do homeowners typically own in 33138?
Homeownership in 33138 skews long-term: only about 46% of homes had a qualified sale in the past decade, so roughly 54% of owners have held 10+ years, per public deed records.
Are home prices in 33138 rising or falling?
The median sale price in 33138 is $1.22M, up 13.3% year over year and the median price per square foot is up 17.6%. Figures compare the trailing 90 days to the same period a year earlier.
How much housing inventory does 33138 have?
33138 has about 7.6 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-W45.