ANDRES JARA · REAL ESTATE

Downtown Miami

Monthly Market Report · August 14, 2026

Market Summary

As of August 14, 2026, Downtown Miami has 806 active listings at a median list price of $622K ($831 per sqft). 214 homes closed in the past 12 months at a median sold price of $519K, implying 45.2 months of supply. Homes here sell for about 95% of list price.

Based on MLS closed sales. Data current as of August 14, 2026.

For Sale in Downtown Miami

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

Downtown MiamiFor Sale925 for sale · $6,000 – $50,000,000
925
Homes for Sale
$6K
From
$50M
Up to
806
Active Listings
$622K
Median List Price
$831
Median $/SqFt
45.2
Months of Supply
$519K
Median Sold (12mo)
214
Closed Sales
last 12 months
Buyer’s Market45.2 months of supply

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

Trades at a 75% premium to the Miami average ($831 vs $475 per sqft, above market).

Median $/SqFt

ZIP 33132 · 3,377 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 →