MEDIAN SALE PRICE
$935K
▼ 1.6% YoY
MEDIAN $/SF
$649
▲ 0.3% YoY
ACTIVE INVENTORY
63
for sale
DAYS ON MARKET
88
▲ 4 days YoY
MONTHS OF SUPPLY
12.6
active ÷ 30d sales
MARKET PULSE
0.13
Buyer's market
Price cuts (trailing 30d): 10 · 15.9% of active · maturing to a full 30-day share
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
south-miami
BUYER'S ADVANTAGE
Today 0.13 · Miami-Dade County 0.18
MARKET SUMMARY · 12 MONTHS
| Median sale price | $935K | |
| Median $/SF | $649 | |
| Median days on market | 88 | |
| Total sales (12mo) | 6 | |
| New listings (12mo) | 10 | |
| Sold ÷ list price | 97.2% | |
| Sold below list | 67% | |
| Sale-to-just-value | — | — |
| Owner-occupied | — | — |
TIER HEALTH · NEW VS. ABSORBED
| TIER | MEDIAN | NEW | ABS. | BALANCE |
| $2–5M | $3.2M | 1 | — | BUILDING |
| $1–2M | $1.5M | 4 | 2 | BUILDING 2.0:1 |
| Under $1M | $458K | 5 | 2 | BUILDING 2.5:1 |
Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.
WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDS
—
Owner-occupied (homestead)
—
Sale-to-just-value ratio
—
Homes sold, 10-yr
—
Effective tax rate
Median holding period & effective tax rate: modeling in progress — no levy or mortgage field in the county deed records yet, so we show “—” rather than an estimate.
TOP NBHDS · MEDIAN PRICE
| No sub-markets with data yet |
FASTEST SELLING · DOM
| No sub-markets with days-on-market yet |
NBHDS PERFORMANCE · $/SF
| No sub-markets with $/SF yet |
RENTAL MARKET for-lease · separate from the for-sale figures above
$2,500/mo
Median asking rent
64
Active rentals
22
New listings (30d)
49
Median days on market
MARKET NARRATIVE
The for-sale market in South Miami, Miami-Dade County, is carrying 63 active listings this week at a median list price of $999,000. Fresh supply arrived over the past month — 10 new listings — against 8 pending sales, putting the market pulse at 0.13, a buyer's market. Homes are taking a median of 88 days on market. For context, Miami-Dade County runs at a 0.18 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 · SOUTH MIAMI
How much do homes cost in South Miami?
The median sale price in South Miami is $935K over the trailing 90 days, and the median list price is $999,000.
Is South Miami a buyer's or seller's market?
South Miami is currently a buyer's market. Its market pulse — pending sales divided by active listings — is 0.13; readings at or above 0.60 favor sellers and below 0.40 favor buyers.
How many homes are for sale in South Miami?
There are 63 active for-sale listings in South Miami as of snapshot 2026-W32, updated weekly.
How long do homes take to sell in South Miami?
Homes in South Miami spend a median of 88 days on market.
What is the price per square foot in South Miami?
The median list price per square foot in South Miami is $649.
Are home prices in South Miami rising or falling?
The median sale price in South Miami is $935K, down 1.6% year over year and the median price per square foot is up 0.3%. Figures compare the trailing 90 days to the same period a year earlier.
How much housing inventory does South Miami have?
South Miami has about 12.6 months of supply — active for-sale listings divided by the most recent 30 days of closed sales. Below roughly six months typically favors sellers; above it favors buyers.
Every figure above appears elsewhere on this page · snapshot 2026-W32.