MEDIAN SALE PRICE
$590K
▲ 8.3% YoY
MEDIAN $/SF
$386
▲ 0.3% YTD
ACTIVE INVENTORY
30
for sale
SOLD VS. ORIGINAL ASK
97.3%
NEW98.9% of final list
DAYS TO CONTRACT
38
NEW71 to close
MARKET PULSE
0.07
Buyer's market
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
south-miami-heights
BUYER'S ADVANTAGE
Today 0.07 · Miami 0.27
MARKET SUMMARY · 12 MONTHS
| Median sale price | $590K | |
| Median $/SF | $386 | |
| Median days on market | 49 | |
| Total sales (12mo) | 76 | |
| New listings (12mo) | 105 | |
| Sold ÷ original ask NEW | 97.3% | |
| Sold ÷ final list price NEW | 98.9% | |
| Sold below original ask NEW | 65% | |
| Median days to contract NEW | 38 | |
| Median days to close NEW | 71 | |
| How buyers paid NEW | 17% cash · 80% fin. · 3% n/d | |
| Months of supply | — | 4.7 |
| Sale-to-just-value ALL HOMES COUNTY | — | 1.28× |
| Owner-occupied ALL HOMES COUNTY | — | 56.8% |
TIER HEALTH · NEW VS. ABSORBED
| TIER | MEDIAN | NEW | ABS. | BALANCE |
| Under $1M | $620K | 8 | 5 | BUILDING 1.6:1 |
Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.
TIME TO SELL · LISTING TO CLOSING
NEW38
days, listing → contract
34
days, contract → closing
71
days, listing → closing
How long single-family homes took to go under contract
Medians of 76 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.
HOW BUYERS PAID
NEW18%
cash share of disclosed sales
Financing reported on 97% of sales (74 of 76).
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. 76 closed sales of single-family homes, Nov 2025 – Oct 2026.
WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDStax-roll figures cover all homes · appreciation is single-family homes
56.8%
Owner-occupied (homestead) COUNTY
1.28×
Sale-to-just-value ratio COUNTY
37.8%
Homes sold, 10-yr COUNTY
+0.3%
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.
CONDO BUILDINGS IN SOUTH MIAMI HEIGHTS
Most active buildings by for-sale inventory · full building directory →
Monthly market report for South Miami Heights → · Miami-Dade County market →
FREQUENTLY ASKED · SOUTH MIAMI HEIGHTS
How much do single-family homes cost in South Miami Heights?
The median sale price in South Miami Heights is $590K over the trailing 90 days, and the median list price is $619,950.
Is South Miami Heights a buyer's or seller's market?
South Miami Heights 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 single-family homes are for sale in South Miami Heights?
There are 30 active for-sale listings of single-family homes in South Miami Heights as of snapshot 2026-W45, updated weekly.
How long do single-family homes take to sell in South Miami Heights?
Single-family homes in South Miami Heights spend a median of 49 days on market.
What is the price per square foot in South Miami Heights?
The median list price per square foot in South Miami Heights is $386.
What share of South Miami Heights 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 South Miami Heights?
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 South Miami Heights?
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 single-family home prices in South Miami Heights rising or falling?
The median sale price in South Miami Heights is $590K, up 8.3% year over year and the median price per square foot is up 4.6%. Figures compare the trailing 90 days to the same period a year earlier.
How much housing inventory does South Miami Heights have?
South Miami Heights has about 4.7 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.