MEDIAN SALE PRICE
$440K
▲ 4.8% YoY
MEDIAN $/SF
$225
▼ 14.4% YoY
ACTIVE INVENTORY
5
for sale
SOLD VS. ORIGINAL ASK
97.7%
NEW100.0% of final list
DAYS TO CONTRACT
83
NEW112 to close
MARKET PULSE
0.22
shown at Homestead level
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
portofino-palms
BUYER'S ADVANTAGE
Shown at Homestead level
MARKET SUMMARY · 12 MONTHS
| Median sale price | $440K | |
| Median $/SF | $225 | |
| Median days on market | 93 | |
| Total sales (12mo) | 9 | |
| New listings (12mo) | 12 | |
| Sold ÷ original ask NEW | 97.7% | |
| Sold ÷ final list price NEW | 100.0% | |
| Sold below original ask NEW | 78% | |
| Median days to contract NEW | 83 | |
| Median days to close NEW | 112 | |
| Months of supply | — | — |
| 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.
TIME TO SELL · LISTING TO CLOSING
NEW83
days, listing → contract
31
days, contract → closing
112
days, listing → closing
| Single-family · 9 | 83 days to contract · 112 to close · 97.7% of original ask |
Medians of 9 closed sales, Oct 2025 – Sep 2026. Days are counted from the listing date.
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.
CONDO BUILDINGS IN PORTOFINO PALMS
Most active buildings by for-sale inventory · full building directory →
MARKET NARRATIVE
The for-sale market in Portofino Palms, Homestead, is carrying 5 active listings this week at a median list price of $435,000. Homes are taking a median of 93 days on market. For context, Homestead runs at a 0.22 pulse.
Generated from this week's snapshot · every figure cited appears on this page
FREQUENTLY ASKED · PORTOFINO PALMS
How much do homes cost in Portofino Palms?
The median sale price in Portofino Palms is $440K over the trailing 90 days, and the median list price is $435,000.
How many homes are for sale in Portofino Palms?
There are 5 active for-sale listings in Portofino Palms as of snapshot 2026-W44, updated weekly.
How long do homes take to sell in Portofino Palms?
Homes in Portofino Palms spend a median of 93 days on market.
What is the price per square foot in Portofino Palms?
The median list price per square foot in Portofino Palms is $225.
What share of Portofino Palms 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 Portofino Palms?
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 Portofino Palms?
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.
Are home prices in Portofino Palms rising or falling?
The median sale price in Portofino Palms is $440K, up 4.8% year over year and the median price per square foot is down 14.4%. Figures compare the trailing 90 days to the same period a year earlier.
Every figure above appears elsewhere on this page · snapshot 2026-W44.