MEDIAN SALE PRICE
$400K
▼ 20.0% YoY
MEDIAN $/SF
$372
▲ 3.4% YTD
ACTIVE INVENTORY
144
for sale
SOLD VS. ORIGINAL ASK
93.4%
NEW95.2% of final list
DAYS TO CONTRACT
67
NEW118 to close
MARKET PULSE
0.07
Buyer's market
Price cuts (trailing 30d): 18 · 12.5% of active · maturing to a full 30-day share
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
north-bay-village
BUYER'S ADVANTAGE
Today 0.07 · Miami-Dade County 0.17
MARKET SUMMARY · 12 MONTHS
| Median sale price | $400K | |
| Median $/SF | $372 | |
| Median days on market | 105 | |
| Total sales (12mo) | 122 | |
| New listings (12mo) | 277 | |
| Sold ÷ original ask NEW | 93.4% | |
| Sold ÷ final list price NEW | 95.2% | |
| Sold below original ask NEW | 93% | |
| Median days to contract NEW | 67 | |
| Median days to close NEW | 118 | |
| How buyers paid NEW | 51% cash · 47% fin. · 3% n/d | |
| Months of supply | — | 14.2 |
| Sale-to-just-value | — | 1.26× |
| Owner-occupied | — | 36.7% |
TIER HEALTH · NEW VS. ABSORBED
| TIER | MEDIAN | NEW | ABS. | BALANCE |
| $1–2M | $1.37M | 3 | 1 | BUILDING 3.0:1 |
| Under $1M | $405K | 19 | 6 | BUILDING 3.2:1 |
Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.
TIME TO SELL · LISTING TO CLOSING
NEW67
days, listing → contract
37
days, contract → closing
118
days, listing → closing
| Condos & townhomes · 108 | 70 days to contract · 120 to close · 93.4% of original ask |
| Single-family · 14 | 55 days to contract · 94 to close · 93.4% of original ask |
How long homes took to go under contract
Medians of 122 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.
HOW BUYERS PAID
NEW52%
cash share of disclosed sales
Financing reported on 98% of sales (119 of 122).
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. 122 closed sales of homes, Nov 2025 – Oct 2026.
WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDS
36.7%
Owner-occupied (homestead)
1.26×
Sale-to-just-value ratio
54.4%
Homes sold, 10-yr
+3.4%
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
| Treasure Island | $1.38M |
FASTEST SELLING · DOM
| Treasure Island | 162 |
NBHDS PERFORMANCE · $/SF
| Treasure Island | $803 |
RENTAL MARKET for-lease · separate from the for-sale figures above
$2,800/mo
Median asking rent
125
Active rentals
39
New listings (30d)
52
Median days on market
CONDO BUILDINGS IN NORTH BAY VILLAGE
Most active buildings by for-sale inventory · all condo buildings in North Bay Village → · A–Z directory →
Monthly market report for North Bay Village → · Miami-Dade County market →
MARKET NARRATIVE
The for-sale market in North Bay Village, Miami-Dade County, is carrying 144 active listings this week at a median list price of $461,950. Fresh supply arrived over the past month — 23 new listings — against 10 pending sales, putting the market pulse at 0.07, a buyer's market. Homes are taking a median of 105 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 · NORTH BAY VILLAGE
How much do homes cost in North Bay Village?
The median sale price in North Bay Village is $400K over the trailing 90 days, and the median list price is $461,950.
Is North Bay Village a buyer's or seller's market?
North Bay Village 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 North Bay Village?
There are 144 active for-sale listings in North Bay Village as of snapshot 2026-W45, updated weekly.
How long do homes take to sell in North Bay Village?
Homes in North Bay Village spend a median of 105 days on market.
What is the price per square foot in North Bay Village?
The median list price per square foot in North Bay Village is $372.
What share of North Bay Village homes are owner-occupied?
About 36.7% of homes in North Bay Village are owner-occupied (homestead), per public property records.
How often do homes sell in North Bay Village?
About 54.4% of homes in North Bay Village have changed hands over the past decade — roughly 5.4% per year — based on qualified arm's-length sales in public deed records.
How long do homeowners typically own in North Bay Village?
Homeownership in North Bay Village skews long-term: only about 54% of homes had a qualified sale in the past decade, so roughly 46% of owners have held 10+ years, per public deed records.
Are home prices in North Bay Village rising or falling?
The median sale price in North Bay Village is $400K, down 20.0% year over year and the median price per square foot is down 7.5%. Figures compare the trailing 90 days to the same period a year earlier.
How much housing inventory does North Bay Village have?
North Bay Village has about 14.2 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.