MEDIAN SALE PRICE
$149K
▼ 5.4% YoY
MEDIAN $/SF
$169
▼ 10.6% YTD
ACTIVE INVENTORY
102
for sale
SOLD VS. ORIGINAL ASK
89.7%
NEW93.8% of final list
DAYS TO CONTRACT
50
NEW98 to close
MARKET PULSE
0.1
Buyer's market
Price cuts (trailing 30d): 15 · 14.7% of active · maturing to a full 30-day share
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
33161
BUYER'S ADVANTAGE
Today 0.1 · Miami-Dade County 0.13
MARKET SUMMARY · 12 MONTHS
| Median sale price | $149K | |
| Median $/SF | $169 | |
| Median days on market | 95 | |
| Total sales (12mo) | 59 | |
| New listings (12mo) | 182 | |
| Sold ÷ original ask NEW | 89.7% | |
| Sold ÷ final list price NEW | 93.8% | |
| Sold below original ask NEW | 86% | |
| Median days to contract NEW | 50 | |
| Median days to close NEW | 98 | |
| How buyers paid NEW | 58% cash · 37% fin. · 5% n/d | |
| Months of supply | — | 20.7 |
| Sale-to-just-value ALL HOMES | — | 1.28× |
| Owner-occupied ALL HOMES | — | 59.0% |
TIER HEALTH · NEW VS. ABSORBED
| TIER | MEDIAN | NEW | ABS. | BALANCE |
| Under $1M | $155K | 11 | 5 | BUILDING 2.2:1 |
Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.
TIME TO SELL · LISTING TO CLOSING
NEW50
days, listing → contract
44
days, contract → closing
98
days, listing → closing
How long condos and townhomes took to go under contract
Medians of 59 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.
HOW BUYERS PAID
NEW61%
cash share of disclosed sales
Financing reported on 95% of sales (56 of 59).
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. 59 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
59.0%
Owner-occupied (homestead)
1.28×
Sale-to-just-value ratio
31.8%
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
| Biscayne Gardens | $500K |
| Via Ventura Neighborhood | $500K |
| Miami Shores | $299K |
| Griffing Biscayne Pk Esta | $162K |
| Bisc Gardens | $160K |
| Irons Manor | $150K |
FASTEST SELLING · DOM
| Biscayne Gardens | 36 |
| Griffing Biscayne Pk Esta | 71 |
| Miami Shores | 91 |
| Via Ventura Neighborhood | 122 |
| Bisc Gardens | 182 |
| Irons Manor | 234 |
ZIP PERFORMANCE · $/SF
| Via Ventura Neighborhood | $613 |
| Biscayne Gardens | $363 |
| Miami Shores | $293 |
| Griffing Biscayne Pk Esta | $232 |
| Irons Manor | $222 |
| Bisc Gardens | $167 |
RENTAL MARKET for-lease condos and townhomes · separate from the for-sale figures above
$1,800/mo
Median asking rent
65
Active rentals
24
New listings (30d)
37
Median days on market
FREQUENTLY ASKED · 33161
How much do condos and townhomes cost in 33161?
The median sale price in 33161 is $149K over the trailing 90 days, and the median list price is $159,000.
Is 33161 a buyer's or seller's market?
33161 is currently a buyer's market. Its market pulse — pending sales divided by active listings — is 0.10; readings at or above 0.60 favor sellers and below 0.40 favor buyers.
How many condos and townhomes are for sale in 33161?
There are 102 active for-sale listings of condos and townhomes in 33161 as of snapshot 2026-W45, updated weekly.
How long do condos and townhomes take to sell in 33161?
Condos and townhomes in 33161 spend a median of 95 days on market.
What is the price per square foot in 33161?
The median list price per square foot in 33161 is $169.
What share of 33161 homes are owner-occupied?
About 59.0% of homes in 33161 are owner-occupied (homestead), per public property records.
How often do homes sell in 33161?
About 31.8% of homes in 33161 have changed hands over the past decade — roughly 3.2% per year — based on qualified arm's-length sales in public deed records.
How long do homeowners typically own in 33161?
Homeownership in 33161 skews long-term: only about 32% of homes had a qualified sale in the past decade, so roughly 68% of owners have held 10+ years, per public deed records.
Are condo and townhome prices in 33161 rising or falling?
The median sale price in 33161 is $149K, down 5.4% year over year and the median price per square foot is down 14.6%. Figures compare the trailing 90 days to the same period a year earlier.
How much housing inventory does 33161 have?
33161 has about 20.7 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.