ANDRES JARA · REAL ESTATE

33132 Miami Condo Market Report — November 2026

Monthly Market Report · November 15, 2026

Market Summary

As of November 15, 2026, ZIP 33132 has 926 active listings at a median list price of $630K ($843 per sqft). 386 homes closed in the past 12 months at a median sold price of $487K, implying 28.8 months of supply. Homes here sell for about 95% of list price.

Condos sold for a median 92.5% of their original asking price (95.7% of the final list price), went under contract in a median 87 days and closed in 122. 54% of buyers paid cash, 44% financed and 3% did not disclose.

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

How fast condos sell

Condos here sold for a median 92.5% of their original asking price (95.7% of the final list price), went under contract in a median 87 days and closed in 122.

87 days
median, listing → contract
31 days
median, contract → closing
122 days
median, listing → closing
% of original ask92.5%
% of final list price95.7%

94% of condos (376 of 400) sold below their original asking price. Based on 402 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.

How buyers paid

Of the 391 buyers whose financing was recorded, 55% paid cash. Across all 402 sales of condos: 54% cash, 44% financed and 3% not disclosed.

Cash53.7%216 sales
Financed (mortgage or other loan)43.5%175 sales
Not disclosed2.7%11 sales
55%
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 402 closed sales, Nov 2025 – Oct 2026.

For Sale in ZIP 33132

926 condos currently for sale · $199,000 – $50,000,000.

ZIP 33132For Sale926 for sale · $199,000 – $50,000,000
926
Homes for Sale
$199K
From
$50M
Up to
926
Active Listings
$630K
Median List Price
$843
Median $/SqFt
28.8
Months of Supply
$487K ▼ 7.3%
Median Sold (12mo)
386
Closed Sales
last 12 months
92.5%
Sold ÷ Original Ask
median, last 12 months
87
Days to Contract
median · 122 days to close
54%
Paid Cash
44% financed · 3% not disclosed

ZIP 33132 closed sales, monthly

We track every closed sale in ZIP 33132 — 386 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 Market28.8 months of supply

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

Trades at a 63% premium to the Miami average ($843 vs $517 per sqft, above market).

Median $/SqFt

ZIP 33132 · 3,350 closed sales
Median price per square foot over time$649$479$3092020-112021-112022-112023-112024-112025-112026-11

Live market analytics for 33132 →

Data source & method

Source
MiamiRE (Miami Association of Realtors) MLS — listings and closed sales.
Geography
every MLS listing whose PostalCode is 33132. A ZIP boundary is a postal route, not a municipal border.
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=386 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.