ANDRES JARA · REAL ESTATE

33140 Miami Beach Condo Market Report — November 2026

Monthly Market Report · November 15, 2026

Market Summary

As of November 15, 2026, ZIP 33140 has 553 active listings at a median list price of $750K ($718 per sqft). 455 homes closed in the past 12 months at a median sold price of $825K, implying 14.6 months of supply. Homes here sell for about 92.4% of list price.

Condos sold for a median 91.6% of their original asking price (94.3% of the final list price), went under contract in a median 88 days and closed in 126. 73% of buyers paid cash, 24% financed and 4% 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 91.6% of their original asking price (94.3% of the final list price), went under contract in a median 88 days and closed in 126.

88 days
median, listing → contract
35 days
median, contract → closing
126 days
median, listing → closing
% of original ask91.6%
% of final list price94.3%

93% of condos (321 of 344) sold below their original asking price. Based on 347 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.

How buyers paid

Of the 334 buyers whose financing was recorded, 75% paid cash. Across all 347 sales of condos: 73% cash, 24% financed and 4% not disclosed.

Cash72.6%252 sales
Financed (mortgage or other loan)23.6%82 sales
Not disclosed3.7%13 sales
75%
cash share of disclosed sales
96%
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 347 closed sales, Nov 2025 – Oct 2026.

For Sale in ZIP 33140

553 condos currently for sale · $100,000 – $110,000,000.

ZIP 33140For Sale553 for sale · $100,000 – $110,000,000
553
Homes for Sale
$100K
From
$110M
Up to
553
Active Listings
$750K
Median List Price
$718
Median $/SqFt
14.6
Months of Supply
$825K ▲ 11.5%
Median Sold (12mo)
455
Closed Sales
last 12 months
91.6%
Sold ÷ Original Ask
median, last 12 months
88
Days to Contract
median · 126 days to close
73%
Paid Cash
24% financed · 4% not disclosed

ZIP 33140 closed sales, monthly

We track every closed sale in ZIP 33140 — 455 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 Market14.6 months of supply

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

Trades at a 1% premium to the Miami Beach average ($718 vs $708 per sqft, above market).

Median $/SqFt

ZIP 33140 · 3,853 closed sales
Median price per square foot over time$790$630$4692020-112021-112022-112023-112024-112025-112026-11

Live market analytics for 33140 →

Data source & method

Source
MiamiRE (Miami Association of Realtors) MLS — listings and closed sales.
Geography
every MLS listing whose PostalCode is 33140. 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=455 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.