ANDRES JARA · REAL ESTATE

Downtown Miami

Monthly Market Report · August 16, 2026

Market Summary

As of August 16, 2026, Downtown Miami has 803 active listings at a median list price of $625K ($827 per sqft). 215 homes closed in the past 12 months at a median sold price of $520K, implying 44.8 months of supply. Homes here sell for about 95% of list price.

Based on MLS closed sales. Data current as of August 16, 2026.

For Sale in Downtown Miami

929 single-family homes & townhomes currently for sale · $6,000 – $50,000,000.

Downtown MiamiFor Sale929 for sale · $6,000 – $50,000,000
929
Homes for Sale
$6K
From
$50M
Up to
803
Active Listings
$625K
Median List Price
$827
Median $/SqFt
44.8
Months of Supply
$520K
Median Sold (12mo)
215
Closed Sales
last 12 months
Buyer’s Market44.8 months of supply

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

Trades at a 74% premium to the Miami average ($827 vs $474 per sqft, above market).

Median $/SqFt

ZIP 33132 · 3,376 closed sales
Median price per square foot over time$649$477$3052020-082021-082022-082023-082024-082025-082026-08

Live market analytics for Miami →  ·  Downtown Miami neighborhood guide →