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What Miami Lakes homes actually close at
80.4% of Miami Lakes single-family sales and 87.5% of condo and townhome sales closed below their original asking price, January 1 - October 12, 2026. The median house finished at 94.5% of where it started and the median condo at 94.7%.
The first asking price is a decision, not a fact, and most of them are revised downward by the market. We measure against that first number on purpose: a sale-to-list ratio built on the final asking price, after one or more cuts, hides the cost of starting high. Sellers who do not list where the home will sell end up making repeated price adjustments before a buyer signs - and it compounds, because a home that sits collects fewer showings at every subsequent price. Median closing prices over the same period: $909,500 for single-family homes and $437,500 for condos and townhomes.
Key takeaways
- The median single-family sale closed at 94.5% of its original ask and the median condo or townhome at 94.7%, measured against the first price the home was offered at rather than the last one.
- $909,500 for single-family homes across 92 closings, and $437,500 for condos and townhomes across 64 closings, January 1 - October 12, 2026.
Send me the numbers for my property Hand-checked by Gia Freer, Broker of Record. Reply within one business day.
Single-family homes — 92 closings, January 1 - October 12, 2026
| Closed below original asking price | 74 | 80.4% |
|---|---|---|
| Median closing price as share of original ask | 94.5% | |
| Median closing price | $909,500 | |
| Median time on market, across relistings | 50 days | |
| Same period 2025: closed below original ask | 82 | 87.2% |
Price comparisons use 92 closings that reported both an original asking price and a closing price.
Condos and townhomes — 64 closings, January 1 - October 12, 2026
| Closed below original asking price | 56 | 87.5% |
|---|---|---|
| Median closing price as share of original ask | 94.7% | |
| Median closing price | $437,500 | |
| Median time on market, across relistings | 46 days | |
| Same period 2025: closed below original ask | 71 | 84.5% |
Price comparisons use 64 closings that reported both an original asking price and a closing price.
Closed residential sales of listings permitted for internet display. Not a market census: sellers who opt out of internet display are excluded and the feed cannot report how many did.
Questions people actually ask
Do homes in Miami Lakes sell for asking price?
Mostly not. 80.4% of single-family sales and 87.5% of condo and townhome sales closed below the original asking price, January 1 - October 12, 2026. Figures cover closed sales of listings permitted for internet display.
How far below asking do Miami Lakes homes sell?
The median single-family sale closed at 94.5% of its original ask and the median condo or townhome at 94.7%, measured against the first price the home was offered at rather than the last one.
What is the median sale price in Miami Lakes?
$909,500 for single-family homes across 92 closings, and $437,500 for condos and townhomes across 64 closings, January 1 - October 12, 2026.
Should I price high and negotiate down?
The data argues against it. Homes that start above the market spend longer on it - 33.7% of house sales and 29.7% of condo sales here took over 90 days - and then close below the original number anyway. The county series on our market report shows the same pattern month by month: sellers who had to cut before a contract waited months longer than sellers who priced where the home would sell. Gia Freer prices against what buyers have actually paid nearby, and she reviews every figure herself.
What would yours close at
The right first price is the one the next 30 days of buyers agree with. Send us the address and Gia Freer, our Broker of Record, will send what sold nearby, what those homes first asked, and what they closed at - reviewed by a licensed broker, with no automated estimate published on this site.
Selling instead of buying? Start with Miami Lakes home values: price my home correctly — Gia reviews every figure by hand.
Compare nearby: asking price versus sale price
Same feed, same method, other Miami-Dade cities. Useful when your street sits near a city line, or when you are weighing two towns.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated 2026-10-12.