MEDIAN SALE PRICE
$885K
trailing 90d
MEDIAN $/SF
$524
▲ 6.9% YoY
ACTIVE INVENTORY
9
for sale
SOLD VS. ORIGINAL ASK
93.5%
NEW96.8% of final list
DAYS TO CONTRACT
71
NEW106 to close
MARKET PULSE
0.33
Buyer's market
Price cuts (trailing 30d): 2 · 22.2% of active · maturing to a full 30-day share
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
west-miami
BUYER'S ADVANTAGE
Today 0.33 · Miami-Dade County 0.17
MARKET SUMMARY · 12 MONTHS
| Median sale price | $885K | |
| Median $/SF | $524 | |
| Median days on market | 133 | |
| Total sales (12mo) | 22 | |
| New listings (12mo) | 31 | |
| Sold ÷ original ask NEW | 93.5% | |
| Sold ÷ final list price NEW | 96.8% | |
| Sold below original ask NEW | 82% | |
| Median days to contract NEW | 71 | |
| Median days to close NEW | 106 | |
| How buyers paid NEW | 23% cash · 77% fin. · 0% n/d | |
| Months of supply | — | 4.9 |
| Sale-to-just-value | — | 1.27× |
| Owner-occupied | — | 76.5% |
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
NEW71
days, listing → contract
32
days, contract → closing
106
days, listing → closing
| Single-family · 21 | 66 days to contract · 102 to close · 93.6% of original ask |
How long homes took to go under contract
Medians of 22 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.
HOW BUYERS PAID
NEW23%
cash share of disclosed sales
Financing reported on 100% of sales (22 of 22).
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. 22 closed sales of homes, Nov 2025 – Oct 2026.
WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDS
76.5%
Owner-occupied (homestead)
1.27×
Sale-to-just-value ratio
26.3%
Homes sold, 10-yr
+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.
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
$3,000/mo
Median asking rent
5
Active rentals
—
New listings (30d)
86
Median days on market
MARKET NARRATIVE
The for-sale market in West Miami, Miami-Dade County, is carrying 9 active listings this week at a median list price of $774,000. Fresh supply arrived over the past month — 3 new listings — against 3 pending sales, putting the market pulse at 0.33, a buyer's market. Homes are taking a median of 133 days on market. For context, Miami-Dade County 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 · WEST MIAMI
How much do homes cost in West Miami?
The median sale price in West Miami is $885K over the trailing 90 days, and the median list price is $774,000.
Is West Miami a buyer's or seller's market?
West Miami is currently a buyer's market. Its market pulse — pending sales divided by active listings — is 0.33; readings at or above 0.60 favor sellers and below 0.40 favor buyers.
How many homes are for sale in West Miami?
There are 9 active for-sale listings in West Miami as of snapshot 2026-W45, updated weekly.
How long do homes take to sell in West Miami?
Homes in West Miami spend a median of 133 days on market.
What is the price per square foot in West Miami?
The median list price per square foot in West Miami is $524.
What share of West Miami homes are owner-occupied?
About 76.5% of homes in West Miami are owner-occupied (homestead), per public property records.
How often do homes sell in West Miami?
About 26.3% of homes in West Miami have changed hands over the past decade — roughly 2.6% per year — based on qualified arm's-length sales in public deed records.
How long do homeowners typically own in West Miami?
Homeownership in West Miami skews long-term: only about 26% of homes had a qualified sale in the past decade, so roughly 74% of owners have held 10+ years, per public deed records.
How much housing inventory does West Miami have?
West Miami has about 4.9 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.