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Petes Place

4 active listings · updated nightly · snapshot 2026-W46

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ALERTS

Price drops — daily

New listings — weekly

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MEDIAN SALE PRICE

$1.09M

list-price basis

MEDIAN $/SF

$360

per sqft

ACTIVE INVENTORY

4

for sale

DAYS ON MARKET

25

median

MONTHS OF SUPPLY

—

 

MARKET PULSE

0.16

shown at Miami level

OVERVIEWINVENTORYPRICINGPRICE/SQFTSALES VOLUMEABSORPTIONLUXURY TIERSASSESSED VALUE EQUITY ANALYSISREPORTS

MEDIAN SALE PRICE OVER TIME

Trend accrues from
closed-sale history

MARKET PULSE

petes-place

Buyer'smarket Seller'smarket 01.0 0.16

BUYER'S ADVANTAGE

Shown at Miami level

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MARKET SUMMARY · 12 MONTHS

Total sales (12mo)——
New listings (12mo)4
Sold ÷ list price——
Sold below list——
Sale-to-just-value COUNTY—1.28×
Owner-occupied COUNTY—56.8%

TIER HEALTH

Price-tier breakdown is published only for markets with 30+ active for-sale listings, so each tier's median clears the min-sample threshold (§2.2b · §7.4). This market reports at the summary level above.

WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDS

56.8%

Owner-occupied (homestead) COUNTY

1.28×

Sale-to-just-value ratio COUNTY

37.8%

Homes sold, 10-yr COUNTY

+0.9%

Appreciation YTD · $/SF COUNTY 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.

MARKET NARRATIVE

The for-sale market in Petes Place, Miami, is carrying 4 active listings this week at a median list price of $1,087,500. Homes are taking a median of 25 days on market. For context, Miami runs at a 0.16 pulse.

Generated from this week's snapshot · every figure cited appears on this page

FREQUENTLY ASKED · PETES PLACE

How much do homes cost in Petes Place?

The median list price in Petes Place is $1,087,500 as of snapshot 2026-W46.

How many homes are for sale in Petes Place?

There are 4 active for-sale listings in Petes Place as of snapshot 2026-W46, updated weekly.

How long do homes take to sell in Petes Place?

Homes in Petes Place spend a median of 25 days on market.

What is the price per square foot in Petes Place?

The median list price per square foot in Petes Place is $360.

What share of Petes Place homes are owner-occupied?

About 56.8% of homes in surrounding Miami-Dade County are owner-occupied (homestead), per public property records — the county-level figure is shown because homestead data isn't published at the neighborhood level.

How often do homes sell in Petes Place?

About 37.8% of homes in surrounding Miami-Dade County have changed hands over the past decade — roughly 3.8% per year — based on qualified arm's-length sales in public deed records. The county figure is shown because deed-level turnover isn't computed at the neighborhood level.

How long do homeowners typically own in Petes Place?

Homeownership in Miami-Dade County skews long-term: only about 38% of homes had a qualified sale in the past decade, so roughly 62% of owners have held 10+ years, per public deed records.

Every figure above appears elsewhere on this page · snapshot 2026-W46.

DATA SOURCE & METHOD

Source
MiamiRE (Miami Association of Realtors) MLS — listings and closed sales. The property-record tiles come from the Florida Department of Revenue annual tax roll; a tile badged COUNTY is the county figure, shown because the local one is not published.
Geography
every MLS listing whose coordinates fall inside the Petes Place polygon (point-in-polygon, not a name match).
Property types
MLS PropertyType = Residential: condominiums, single-family homes, townhouses and villas. Land, commercial and duplex–quadplex are excluded. Rentals are excluded from every for-sale figure on this page and appear only in the rental card.
As of
November 9, 2026 – November 15, 2026 (snapshot 2026-W46), rebuilt nightly. Inventory counts MLS status Active only — listings under contract (Pending, Active Under Contract) and Coming Soon are not counted as for sale.
Reporting windows
Median sale price, median $/SF and days on market are medians of sales that closed in the trailing 90 days; year-over-year compares that window with the same 90 days a year earlier. Days on market is close date minus on-market date on those closed sales — not the age of today's listings. Months of supply is suppressed here: fewer than 12 closings in 12 months.