MEDIAN SALE PRICE
$570K
▼ 0.9% YoY
MEDIAN $/SF
$396
▲ 0.5% YTD
ACTIVE INVENTORY
10,056
for sale
DAYS ON MARKET
91
▼ 2 days YoY
MONTHS OF SUPPLY
11.5
active ÷ 12mo sales pace
MARKET PULSE
0.15
Buyer's market
Price cuts (trailing 30d): 1,237 · 12.3% of active · maturing to a full 30-day share
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
miami
BUYER'S ADVANTAGE
Today 0.15 · Miami-Dade County 0.16
MARKET SUMMARY · 12 MONTHS
| Median sale price | $570K | |
| Median $/SF | $396 | |
| Median days on market | 91 | |
| Total sales (12mo) | 832 | |
| New listings (12mo) | 1,827 | |
| Sold ÷ list price | 96.9% | |
| Sold below list | 79% | |
| Sale-to-just-value | — | 1.31× |
| Owner-occupied | — | 39.9% |
TIER HEALTH · NEW VS. ABSORBED
| TIER | MEDIAN | NEW | ABS. | BALANCE |
| $5M+ | $7.5M | 20 | 5 | BUILDING 4.0:1 |
| $2–5M | $3M | 109 | 34 | BUILDING 3.2:1 |
| $1–2M | $1.35M | 163 | 70 | BUILDING 2.3:1 |
| Under $1M | $510K | 1,141 | 527 | BUILDING 2.2:1 |
Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.
WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDS
39.9%
Owner-occupied (homestead)
1.31×
Sale-to-just-value ratio
46.6%
Homes sold, 10-yr
+0.5%
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
| Brickell | $725K |
| Downtown | $690K |
| Edgewater | $679K |
| Omni/PAC | $625K |
| MDCC | $550K |
| Via Ventura Neighborhood | $540K |
RENTAL MARKET for-lease · separate from the for-sale figures above
$2,950/mo
Median asking rent
9,104
Active rentals
2,442
New listings (30d)
63
Median days on market
Current for-sale inventory in Miami: luxury homes → · luxury condos →
CONDO BUILDINGS IN MIAMI
Most active buildings by for-sale inventory · full building directory →
Monthly market report for Miami → · Miami-Dade County market →
MARKET NARRATIVE
The for-sale market in Miami, Miami-Dade County, is carrying 10,057 active listings this week at a median list price of $619,000. Fresh supply arrived over the past month — 1,414 new listings — against 1,526 pending sales, putting the market pulse at 0.15, a buyer's market. Homes are taking a median of 123 days on market. For context, Miami-Dade County runs at a 0.16 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 · MIAMI
How much do homes cost in Miami?
The median sale price in Miami is $570K over the trailing 90 days, and the median list price is $619,000.
Is Miami a buyer's or seller's market?
Miami is currently a buyer's market. Its market pulse — pending sales divided by active listings — is 0.15; readings at or above 0.60 favor sellers and below 0.40 favor buyers.
How many homes are for sale in Miami?
There are 10,056 active for-sale listings in Miami as of snapshot 2026-W39, updated weekly.
How long do homes take to sell in Miami?
Homes in Miami spend a median of 91 days on market.
What is the price per square foot in Miami?
The median list price per square foot in Miami is $396.
What share of Miami homes are owner-occupied?
About 39.9% of homes in Miami are owner-occupied (homestead), per public property records.
How often do homes sell in Miami?
About 46.6% of homes in Miami have changed hands over the past decade — roughly 4.7% per year — based on qualified arm's-length sales in public deed records.
How long do homeowners typically own in Miami?
Homeownership in Miami skews long-term: only about 47% of homes had a qualified sale in the past decade, so roughly 53% of owners have held 10+ years, per public deed records.
Are home prices in Miami rising or falling?
The median sale price in Miami is $570K, down 0.9% year over year and the median price per square foot is up 1.8%. Figures compare the trailing 90 days to the same period a year earlier.
How much housing inventory does Miami have?
Miami has about 11.5 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-W39.