MEDIAN SALE PRICE
$240K
trailing 90d
MEDIAN $/SF
$250
▼ 5.1% YTD
ACTIVE INVENTORY
31
for sale
SOLD VS. ORIGINAL ASK
96.3%
NEW98.0% of final list
DAYS TO CONTRACT
59
NEW102 to close
MARKET PULSE
0.19
Buyer's market
Price cuts (trailing 30d): 7 · 22.6% of active · maturing to a full 30-day share
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
33189
BUYER'S ADVANTAGE
Today 0.19 · Miami-Dade County 0.13
MARKET SUMMARY · 12 MONTHS
| Median sale price | $240K | |
| Median $/SF | $250 | |
| Median days on market | 102 | |
| Total sales (12mo) | 39 | |
| New listings (12mo) | 86 | |
| Sold ÷ original ask NEW | 96.3% | |
| Sold ÷ final list price NEW | 98.0% | |
| Sold below original ask NEW | 87% | |
| Median days to contract NEW | 59 | |
| Median days to close NEW | 102 | |
| How buyers paid NEW | 31% cash · 69% fin. · 0% n/d | |
| Months of supply | — | 9.5 |
| Sale-to-just-value ALL HOMES | — | 1.28× |
| Owner-occupied ALL HOMES | — | 71.1% |
TIER HEALTH · NEW VS. ABSORBED
| TIER | MEDIAN | NEW | ABS. | BALANCE |
| Under $1M | $259K | 8 | 2 | BUILDING 4.0:1 |
Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.
TIME TO SELL · LISTING TO CLOSING
NEW59
days, listing → contract
31
days, contract → closing
102
days, listing → closing
How long condos and townhomes took to go under contract
Medians of 39 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.
HOW BUYERS PAID
NEW31%
cash share of disclosed sales
Financing reported on 100% of sales (39 of 39).
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. 39 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
71.1%
Owner-occupied (homestead)
1.28×
Sale-to-just-value ratio
39.7%
Homes sold, 10-yr
-5.1%
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
| Lakes By The Bay | $428K |
| Lakes By The Bay Cee | $410K |
| Old Cutler | $218K |
FASTEST SELLING · DOM
| Old Cutler | 62 |
| Lakes By The Bay | 79 |
| Lakes By The Bay Cee | 109 |
ZIP PERFORMANCE · $/SF
| Lakes By The Bay | $293 |
| Lakes By The Bay Cee | $274 |
| Old Cutler | $255 |
RENTAL MARKET for-lease condos and townhomes · separate from the for-sale figures above
$2,100/mo
Median asking rent
20
Active rentals
8
New listings (30d)
59
Median days on market
CONDO BUILDINGS IN 33189
Most active buildings by for-sale inventory · full building directory →
FREQUENTLY ASKED · 33189
How much do condos and townhomes cost in 33189?
The median sale price in 33189 is $240K over the trailing 90 days, and the median list price is $259,000.
Is 33189 a buyer's or seller's market?
33189 is currently a buyer's market. Its market pulse — pending sales divided by active listings — is 0.19; readings at or above 0.60 favor sellers and below 0.40 favor buyers.
How many condos and townhomes are for sale in 33189?
There are 31 active for-sale listings of condos and townhomes in 33189 as of snapshot 2026-W45, updated weekly.
How long do condos and townhomes take to sell in 33189?
Condos and townhomes in 33189 spend a median of 102 days on market.
What is the price per square foot in 33189?
The median list price per square foot in 33189 is $250.
What share of 33189 homes are owner-occupied?
About 71.1% of homes in 33189 are owner-occupied (homestead), per public property records.
How often do homes sell in 33189?
About 39.7% of homes in 33189 have changed hands over the past decade — roughly 4.0% per year — based on qualified arm's-length sales in public deed records.
How long do homeowners typically own in 33189?
Homeownership in 33189 skews long-term: only about 40% of homes had a qualified sale in the past decade, so roughly 60% of owners have held 10+ years, per public deed records.
How much housing inventory does 33189 have?
33189 has about 9.5 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.