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West Miami

13 active listings · updated nightly · snapshot 2026-W39

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ALERTS

Price drops — daily

New listings — weekly

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MEDIAN SALE PRICE

$620K

▼ 17.6% YoY

MEDIAN $/SF

$396

▼ 17.3% YoY

ACTIVE INVENTORY

13

for sale

DAYS ON MARKET

127

▲ 57 days YoY

MONTHS OF SUPPLY

7.4

active ÷ 12mo sales pace

MARKET PULSE

0.23

Buyer's market

Price cuts (trailing 30d): 2 · 15.4% of active · maturing to a full 30-day share

OVERVIEWINVENTORYPRICINGPRICE/SQFTSALES VOLUMEABSORPTIONLUXURY TIERSASSESSED VALUE EQUITY ANALYSISREPORTS

MEDIAN SALE PRICE OVER TIME

$1.08M$541K$0$700KSepNovJan '26MarMayJul

MARKET PULSE

west-miami

Buyer'smarket Seller'smarket 01.0 0.23

BUYER'S ADVANTAGE

Today 0.23 · Miami-Dade County 0.16

MARKET SUMMARY · 12 MONTHS

Median sale price$620K
Median $/SF$396
Median days on market127
Total sales (12mo)1
New listings (12mo)1
Sold ÷ list price93.3%
Sold below list100%
Sale-to-just-value1.27×
Owner-occupied76.5%

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.

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

$3,378/mo

Median asking rent

6

Active rentals

2

New listings (30d)

40

Median days on market

MARKET NARRATIVE

The for-sale market in West Miami, Miami-Dade County, is carrying 13 active listings this week at a median list price of $815,000. Fresh supply arrived over the past month — 3 new listings — against 3 pending sales, putting the market pulse at 0.23, a buyer's market. Homes are taking a median of 138 days on market. For context, Miami-Dade County runs at a 0.16 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 $620K over the trailing 90 days, and the median list price is $815,000.

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 0.23; 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 13 active for-sale listings in West Miami as of snapshot 2026-W39, updated weekly.

How long do homes take to sell in West Miami?

Homes in West Miami spend a median of 127 days on market.

What is the price per square foot in West Miami?

The median list price per square foot in West Miami is $396.

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.

Are home prices in West Miami rising or falling?

The median sale price in West Miami is $620K, down 17.6% year over year and the median price per square foot is down 17.3%. Figures compare the trailing 90 days to the same period a year earlier.

How much housing inventory does West Miami have?

West Miami has about 7.4 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-W39.