MEDIAN SALE PRICE
$395K
▼ 16.8% YoY
MEDIAN $/SF
$370
▲ 0.0% YTD
ACTIVE INVENTORY
129
for sale
SOLD VS. ORIGINAL ASK
93.4%
NEW95.2% of final list
DAYS TO CONTRACT
70
NEW120 to close
MARKET PULSE
0.08
Buyer's market
Price cuts (trailing 30d): 15 · 11.6% of active · maturing to a full 30-day share
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
north-bay-village
BUYER'S ADVANTAGE
Today 0.08 · Miami-Dade County 0.13
MARKET SUMMARY · 12 MONTHS
| Median sale price | $395K | |
| Median $/SF | $370 | |
| Median days on market | 105 | |
| Total sales (12mo) | 108 | |
| New listings (12mo) | 244 | |
| Sold ÷ original ask NEW | 93.4% | |
| Sold ÷ final list price NEW | 95.2% | |
| Sold below original ask NEW | 94% | |
| Median days to contract NEW | 70 | |
| Median days to close NEW | 120 | |
| How buyers paid NEW | 53% cash · 45% fin. · 2% n/d | |
| Months of supply | — | 14.3 |
| Sale-to-just-value ALL HOMES | — | 1.26× |
| Owner-occupied ALL HOMES | — | 36.7% |
TIER HEALTH · NEW VS. ABSORBED
| TIER | MEDIAN | NEW | ABS. | BALANCE |
| $1–2M | $1.28M | 2 | 1 | BUILDING 2.0:1 |
| 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
NEW70
days, listing → contract
36
days, contract → closing
120
days, listing → closing
How long condos and townhomes took to go under contract
Medians of 108 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.
HOW BUYERS PAID
NEW54%
cash share of disclosed sales
Financing reported on 98% of sales (106 of 108).
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. 108 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
36.7%
Owner-occupied (homestead)
1.26×
Sale-to-just-value ratio
54.4%
Homes sold, 10-yr
+0.0%
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 | $430K |
FASTEST SELLING · DOM
| Treasure Island | 522 |
NBHDS PERFORMANCE · $/SF
| Treasure Island | $422 |
RENTAL MARKET for-lease condos and townhomes · separate from the for-sale figures above
$2,800/mo
Median asking rent
103
Active rentals
31
New listings (30d)
58
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 →
FREQUENTLY ASKED · NORTH BAY VILLAGE
How much do condos and townhomes cost in North Bay Village?
The median sale price in North Bay Village is $395K over the trailing 90 days, and the median list price is $430,000.
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 0.08; readings at or above 0.60 favor sellers and below 0.40 favor buyers.
How many condos and townhomes are for sale in North Bay Village?
There are 129 active for-sale listings of condos and townhomes in North Bay Village as of snapshot 2026-W45, updated weekly.
How long do condos and townhomes take to sell in North Bay Village?
Condos and townhomes 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 $370.
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 condo and townhome prices in North Bay Village rising or falling?
The median sale price in North Bay Village is $395K, down 16.8% year over year and the median price per square foot is down 6.3%. 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 14.3 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.