MEDIAN SALE PRICE
$575K
▲ 3.6% YoY
MEDIAN $/SF
$419
▲ 14.2% YoY
ACTIVE INVENTORY
14
for sale
DAYS ON MARKET
50
▼ 11 days YoY
MONTHS OF SUPPLY
2.3
active ÷ 30d sales
MARKET PULSE
0.43
Balanced
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
tropics
BALANCED MARKET
Today 0.43 · Miami 0.17
MARKET SUMMARY · 12 MONTHS
| Median sale price | $575K | |
| Median $/SF | $419 | |
| Median days on market | 50 | |
| Total sales (12mo) | 5 | |
| New listings (12mo) | 3 | |
| Sold ÷ list price | 100.0% | |
| Sold below list | 20% | |
| Sale-to-just-value | — | — |
| Owner-occupied | — | — |
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
—
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.
MARKET NARRATIVE
The for-sale market in Tropics, Miami, is carrying 14 active listings this week at a median list price of $582,500. Fresh supply arrived over the past month — 1 new listings — against 6 pending sales, putting the market pulse at 0.43, a balanced market. Homes are taking a median of 50 days on market. For context, Miami runs at a 0.17 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 · TROPICS
How much do homes cost in Tropics?
The median sale price in Tropics is $575K over the trailing 90 days, and the median list price is $582,500.
Is Tropics a buyer's or seller's market?
Tropics is currently a balanced market. Its market pulse — pending sales divided by active listings — is 0.43; readings at or above 0.60 favor sellers and below 0.40 favor buyers.
How many homes are for sale in Tropics?
There are 14 active for-sale listings in Tropics as of snapshot 2026-W32, updated weekly.
How long do homes take to sell in Tropics?
Homes in Tropics spend a median of 50 days on market.
What is the price per square foot in Tropics?
The median list price per square foot in Tropics is $419.
Are home prices in Tropics rising or falling?
The median sale price in Tropics is $575K, up 3.6% year over year and the median price per square foot is up 14.2%. Figures compare the trailing 90 days to the same period a year earlier.
How much housing inventory does Tropics have?
Tropics has about 2.3 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.