MEDIAN SALE PRICE
$1.25M
▲ 12.6% YoY
MEDIAN $/SF
$688
▲ 11.5% YTD
ACTIVE INVENTORY
68
for sale
SOLD VS. ORIGINAL ASK
92.7%
NEW94.7% of final list
DAYS TO CONTRACT
40
NEW89 to close
MARKET PULSE
0.16
Buyer's market
Price cuts (trailing 30d): 23 · 33.8% of active · maturing to a full 30-day share
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
miami-shores
BUYER'S ADVANTAGE
Today 0.16 · Miami-Dade County 0.17
MARKET SUMMARY · 12 MONTHS
| Median sale price | $1.25M | |
| Median $/SF | $688 | |
| Median days on market | 74 | |
| Total sales (12mo) | 173 | |
| New listings (12mo) | 241 | |
| Sold ÷ original ask NEW | 92.7% | |
| Sold ÷ final list price NEW | 94.7% | |
| Sold below original ask NEW | 85% | |
| Median days to contract NEW | 40 | |
| Median days to close NEW | 89 | |
| How buyers paid NEW | 40% cash · 58% fin. · 3% n/d | |
| Months of supply | — | 4.7 |
| Sale-to-just-value | — | 1.28× |
| Owner-occupied | — | 78.2% |
TIER HEALTH · NEW VS. ABSORBED
| TIER | MEDIAN | NEW | ABS. | BALANCE |
| $2–5M | $2.94M | 5 | 1 | BUILDING 5.0:1 |
| $1–2M | $1.32M | 3 | 8 | SUPPLY-STARVED |
| Under $1M | $484K | 6 | 2 | BUILDING 3.0:1 |
Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.
TIME TO SELL · LISTING TO CLOSING
NEW40
days, listing → contract
38
days, contract → closing
89
days, listing → closing
| Condos & townhomes · 16 | 115 days to contract · 149 to close · 89.5% of original ask |
| Single-family · 156 | 35 days to contract · 86 to close · 92.8% of original ask |
How long homes took to go under contract
Medians of 172 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.
HOW BUYERS PAID
NEW41%
cash share of disclosed sales
Financing reported on 97% of sales (167 of 172).
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. 172 closed sales of homes, Nov 2025 – Oct 2026.
WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDS
78.2%
Owner-occupied (homestead)
1.28×
Sale-to-just-value ratio
43.6%
Homes sold, 10-yr
+11.5%
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
| Miami Shores | $1.85M |
FASTEST SELLING · DOM
| Miami Shores | 64 |
NBHDS PERFORMANCE · $/SF
| Miami Shores | $806 |
RENTAL MARKET for-lease · separate from the for-sale figures above
$4,550/mo
Median asking rent
23
Active rentals
6
New listings (30d)
63
Median days on market
Browse all condo buildings A–Z → · Monthly market report for Miami Shores → · Miami-Dade County market →
MARKET NARRATIVE
The for-sale market in Miami Shores, Miami-Dade County, is carrying 68 active listings this week at a median list price of $1,312,500. Fresh supply arrived over the past month — 15 new listings — against 11 pending sales, putting the market pulse at 0.16, a buyer's market. Homes are taking a median of 74 days on market. For context, Miami-Dade County 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 · MIAMI SHORES
How much do homes cost in Miami Shores?
The median sale price in Miami Shores is $1.25M over the trailing 90 days, and the median list price is $1,312,500.
Is Miami Shores a buyer's or seller's market?
Miami Shores is currently a buyer's market. Its market pulse — pending sales divided by active listings — is 0.16; readings at or above 0.60 favor sellers and below 0.40 favor buyers.
How many homes are for sale in Miami Shores?
There are 68 active for-sale listings in Miami Shores as of snapshot 2026-W45, updated weekly.
How long do homes take to sell in Miami Shores?
Homes in Miami Shores spend a median of 74 days on market.
What is the price per square foot in Miami Shores?
The median list price per square foot in Miami Shores is $688.
What share of Miami Shores homes are owner-occupied?
About 78.2% of homes in Miami Shores are owner-occupied (homestead), per public property records.
How often do homes sell in Miami Shores?
About 43.6% of homes in Miami Shores have changed hands over the past decade — roughly 4.4% per year — based on qualified arm's-length sales in public deed records.
How long do homeowners typically own in Miami Shores?
Homeownership in Miami Shores skews long-term: only about 44% of homes had a qualified sale in the past decade, so roughly 56% of owners have held 10+ years, per public deed records.
Are home prices in Miami Shores rising or falling?
The median sale price in Miami Shores is $1.25M, up 12.6% year over year and the median price per square foot is up 18.0%. Figures compare the trailing 90 days to the same period a year earlier.
How much housing inventory does Miami Shores have?
Miami Shores has about 4.7 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.