ANDRES JARA · REAL ESTATE

Miami Shores Home Market Report — November 2026

Monthly Market Report · November 15, 2026

Market Summary

As of November 15, 2026, Miami Shores has 71 active listings at a median list price of $1.3M ($729 per sqft). 170 homes closed in the past 12 months at a median sold price of $1.2M, implying 5 months of supply.

Single-family homes sold for a median 92.8% of their original asking price (94.5% of the final list price), went under contract in a median 35 days and closed in 86. 39% of buyers paid cash, 58% financed and 3% did not disclose.

Based on MLS closed sales. Data current as of November 15, 2026.

How fast single-family homes sell

Single-family homes here sold for a median 92.8% of their original asking price (94.5% of the final list price), went under contract in a median 35 days and closed in 86.

35 days
median, listing → contract
38 days
median, contract → closing
86 days
median, listing → closing
% of original ask92.8%
% of final list price94.5%

85% of single-family homes (132 of 156) sold below their original asking price. Based on 157 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.

How buyers paid

Of the 152 buyers whose financing was recorded, 40% paid cash. Across all 157 sales of single-family homes: 39% cash, 58% financed and 3% not disclosed.

Cash38.9%61 sales
Financed (mortgage or other loan)58.0%91 sales
Not disclosed3.2%5 sales
40%
cash share of disclosed sales
97%
of sales reported how the buyer paid

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. From the MLS financing field on 157 closed sales, Nov 2025 – Oct 2026.

For Sale in Miami Shores

71 single-family homes & townhomes currently for sale · $180,000 – $8,950,000.

Miami ShoresFor Sale71 for sale · $180,000 – $8,950,000
71
Homes for Sale
$180K
From
$9M
Up to
71
Active Listings
$1.3M
Median List Price
$729
Median $/SqFt
5
Months of Supply
$1.2M ▲ 13.2%
Median Sold (12mo)
170
Closed Sales
last 12 months
92.8%
Sold ÷ Original Ask
median, last 12 months
35
Days to Contract
median · 86 days to close
39%
Paid Cash
58% financed · 3% not disclosed

Miami Shores closed sales, monthly

We track every closed sale in Miami Shores — 170 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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Balanced Market5 months of supply

Supply and demand are roughly in balance.

Median $/SqFt

Miami Shores · 1,143 closed sales
Median price per square foot over time$888$572$2562020-112021-112022-112023-112024-112025-112026-11

Live market analytics for Miami Shores →

Data source & method

Source
MiamiRE (Miami Association of Realtors) MLS — listings and closed sales.
Geography
every MLS listing whose City field is “Miami Shores” — the municipality as filed by the listing agent. Not a ZIP code, a radius, or a neighborhood polygon.
Property types
MLS PropertyType = Residential: condominiums, single-family homes, townhouses and villas. Land, commercial and duplex–quadplex are excluded, as are rentals.
As of
November 15, 2026. This page is a dated snapshot, rebuilt nightly from a live query taken at build time. Inventory counts MLS status Active only — listings under contract (Pending, Active Under Contract) and Coming Soon are not counted as for sale.
Reporting windows
Active listings, median list price and median $/SF are as of the date above. The closed-sale figures — median sold price, the sales count and the year-over-year change — cover a rolling 365 days, November 15, 2025 – November 14, 2026, n=170 closed sales. Year-over-year compares that window with the 365 days before it, and is suppressed unless both sides have at least 5 sales. Months of supply is active listings ÷ (those closed sales ÷ 12). The sale-timing panel states its own window and sample size.
Current figures
This page is a dated snapshot and is not restated. The continuously updated version is Miami Shores market analytics, which divides by 12 complete calendar months rather than a rolling year, so its months of supply can differ by about 0.1 and its active count by a few listings.