ANDRES JARA · REAL ESTATE

South Beach Condo Market Report — October 2026

Monthly Market Report · October 1, 2026

Market Summary

As of October 1, 2026, South Beach has 1041 active listings at a median list price of $499K ($700 per sqft). 1023 homes closed in the past 12 months at a median sold price of $525K, implying 12.2 months of supply. Homes here sell for about 93.9% of list price.

Based on MLS closed sales. Data current as of October 1, 2026.

For Sale in South Beach

1,040 condos currently for sale · $140,000 – $78,000,000.

South BeachFor Sale1,040 for sale · $140,000 – $78,000,000
1,040
Homes for Sale
$140K
From
$78M
Up to
1,041
Active Listings
$499K
Median List Price
$700
Median $/SqFt
12.2
Months of Supply
$525K ▲ 5%
Median Sold (12mo)
1,023
Closed Sales
last 12 months

South Beach closed sales, monthly

We track every closed sale in South Beach — 1,023 in the last twelve months. Get the new ones, with prices and price per square foot, on the first of each month.

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Buyer’s Market12.2 months of supply

Supply exceeds the current pace of sales — buyers have more leverage.

Trades at a 1% discount to the Miami Beach average ($700 vs $708 per sqft, below market).

Median $/SqFt

ZIP 33139 · 8,122 closed sales
Median price per square foot over time$738$561$3842020-102021-102022-102023-102024-102025-10

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