MEDIAN SALE PRICE
$289K
▼ 7.5% YoY
MEDIAN $/SF
$251
▼ 10.6% YTD
ACTIVE INVENTORY
106
for sale
SOLD VS. ORIGINAL ASK
89.8%
NEW95.2% of final list
DAYS TO CONTRACT
81
NEW134 to close
MARKET PULSE
0.13
Buyer's market
Price cuts (trailing 30d): 23 · 21.7% of active · maturing to a full 30-day share
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
33138
BUYER'S ADVANTAGE
Today 0.13 · Miami-Dade County 0.13
MARKET SUMMARY · 12 MONTHS
| Median sale price | $289K | |
| Median $/SF | $251 | |
| Median days on market | 146 | |
| Total sales (12mo) | 103 | |
| New listings (12mo) | 230 | |
| Sold ÷ original ask NEW | 89.8% | |
| Sold ÷ final list price NEW | 95.2% | |
| Sold below original ask NEW | 89% | |
| Median days to contract NEW | 81 | |
| Median days to close NEW | 134 | |
| How buyers paid NEW | 57% cash · 41% fin. · 2% n/d | |
| Months of supply | — | 12.3 |
| Sale-to-just-value ALL HOMES | — | 1.28× |
| Owner-occupied ALL HOMES | — | 62.9% |
TIER HEALTH · NEW VS. ABSORBED
| TIER | MEDIAN | NEW | ABS. | BALANCE |
| Under $1M | $350K | 15 | 3 | BUILDING 5.0:1 |
Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.
TIME TO SELL · LISTING TO CLOSING
NEW81
days, listing → contract
36
days, contract → closing
134
days, listing → closing
How long condos and townhomes took to go under contract
Medians of 102 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.
HOW BUYERS PAID
NEW58%
cash share of disclosed sales
Financing reported on 98% of sales (100 of 102).
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. 102 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
62.9%
Owner-occupied (homestead)
1.28×
Sale-to-just-value ratio
46.2%
Homes sold, 10-yr
-10.6%
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
| Downtown | $660K |
| Palm Bay | $434K |
| Legion Park | $357K |
| Miami Shores | $299K |
| Shorecrest | $295K |
| Belle Meade | $165K |
FASTEST SELLING · DOM
| Legion Park | 75 |
| Palm Bay | 85 |
| Miami Shores | 91 |
| Downtown | 120 |
| Shorecrest | 130 |
| Belle Meade | 314 |
ZIP PERFORMANCE · $/SF
| Downtown | $824 |
| Belle Meade | $458 |
| Palm Bay | $427 |
| Legion Park | $416 |
| Shorecrest | $335 |
| Miami Shores | $293 |
RENTAL MARKET for-lease condos and townhomes · separate from the for-sale figures above
$2,800/mo
Median asking rent
62
Active rentals
16
New listings (30d)
58
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 →
FREQUENTLY ASKED · 33138
How much do condos and townhomes cost in 33138?
The median sale price in 33138 is $289K over the trailing 90 days, and the median list price is $359,500.
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 0.13; readings at or above 0.60 favor sellers and below 0.40 favor buyers.
How many condos and townhomes are for sale in 33138?
There are 106 active for-sale listings of condos and townhomes in 33138 as of snapshot 2026-W45, updated weekly.
How long do condos and townhomes take to sell in 33138?
Condos and townhomes in 33138 spend a median of 146 days on market.
What is the price per square foot in 33138?
The median list price per square foot in 33138 is $251.
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 condo and townhome prices in 33138 rising or falling?
The median sale price in 33138 is $289K, down 7.5% year over year and the median price per square foot is down 10.0%. Figures compare the trailing 90 days to the same period a year earlier.
How much housing inventory does 33138 have?
33138 has about 12.3 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.