MEDIAN SALE PRICE
$595K
▼ 2.5% YoY
MEDIAN $/SF
$572
▼ 7.3% YoY
ACTIVE INVENTORY
509
for sale
DAYS ON MARKET
114
▼ 14 days YoY
MONTHS OF SUPPLY
9.4
active ÷ 30d sales
MARKET PULSE
0.07
Buyer's market
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
downtown
BUYER'S ADVANTAGE
Today 0.07 · Miami 0.17
MARKET SUMMARY · 12 MONTHS
| Median sale price | $595K | |
| Median $/SF | $572 | |
| Median days on market | 114 | |
| Total sales (12mo) | 54 | |
| New listings (12mo) | 145 | |
| Sold ÷ list price | 95.6% | |
| Sold below list | 85% | |
| Sale-to-just-value | — | — |
| Owner-occupied | — | — |
TIER HEALTH · NEW VS. ABSORBED
| TIER | MEDIAN | NEW | ABS. | BALANCE |
| $5M+ | $8.39M | 5 | 1 | BUILDING 5.0:1 |
| $2–5M | $3.5M | 8 | 6 | BALANCED |
| $1–2M | $1.25M | 32 | 5 | BUILDING 6.4:1 |
| Under $1M | $589K | 120 | 43 | BUILDING 2.8:1 |
Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.
WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDS
—
Owner-occupied (homestead)
—
Sale-to-just-value ratio
—
Homes sold, 10-yr
—
Effective tax rate
Median holding period & effective tax rate: modeling in progress — no levy or mortgage field in the county deed records yet, so we show “—” rather than an estimate.
MARKET NARRATIVE
The for-sale market in Downtown, Miami, is carrying 509 active listings this week at a median list price of $685,000. Fresh supply arrived over the past month — 165 new listings — against 34 pending sales, putting the market pulse at 0.07, a buyer's market. Homes are taking a median of 114 days on market. For context, Miami 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 · DOWNTOWN
How much do homes cost in Downtown?
The median sale price in Downtown is $595K over the trailing 90 days, and the median list price is $685,000.
Is Downtown a buyer's or seller's market?
Downtown is currently a buyer's market. Its market pulse — pending sales divided by active listings — is 0.07; readings at or above 0.60 favor sellers and below 0.40 favor buyers.
How many homes are for sale in Downtown?
There are 509 active for-sale listings in Downtown as of snapshot 2026-W32, updated weekly.
How long do homes take to sell in Downtown?
Homes in Downtown spend a median of 114 days on market.
What is the price per square foot in Downtown?
The median list price per square foot in Downtown is $572.
Are home prices in Downtown rising or falling?
The median sale price in Downtown is $595K, down 2.5% year over year and the median price per square foot is down 7.3%. Figures compare the trailing 90 days to the same period a year earlier.
How much housing inventory does Downtown have?
Downtown has about 9.4 months of supply — active for-sale listings divided by the most recent 30 days of closed sales. Below roughly six months typically favors sellers; above it favors buyers.
Every figure above appears elsewhere on this page · snapshot 2026-W32.