Last updated October 13, 2026

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Miami Real Estate Statistics 2026: 82 figures

The median Miami house sold for $700,000 in September 2026 and the median condo or townhouse for $421,000; 2,035 houses and 4,986 condos and townhouses were for sale on October 13, 2026, and 40.2% of houses for sale had cut their asking price. This page collects 82 Miami housing statistics that PBP Real Estate computes from BeachesMLS listing data and publishes across its research pages, in one place, each dated and linked to the page where it was first published. Houses and condos/townhouses are always reported separately. Edition 2026-10-13, frozen; a new edition is published each day the data refreshes.

Miami at a glance, edition 2026-10-13

Median house sale, September 2026$700,000+4.9% vs September 2025
Median condo/townhouse sale, September 2026$421,000+0.8% vs September 2025
Houses for sale2,0355.8 months of inventory
Condos/townhouses for sale4,98615.0 months of inventory
Seller Blink Rate, houses40.2%for sale below original asking price
Seller Blink Rate, condos37.3%for sale below original asking price

Houses Condos and townhouses County

Key takeaways: 9 Miami housing statistics to cite

  1. The median Miami house sold for $700,000 in September 2026, +4.9% against September 2025; condos and townhouses $421,000, +0.8%. Source: Miami real estate market page, September 2026.
  2. 3,791 Miami houses and 3,583 condos and townhouses sold Jan 1 - Sep 30, 2026; house sales were up +5.2% on the same period of 2025, condos and townhouses +4.7%. Source: Miami real estate market page, Jan 1 - Sep 30, 2026.
  3. Miami had 2,035 houses and 4,986 condos and townhouses for sale on October 13, 2026: 5.8 months of house inventory against 15.0 months for condos and townhouses. Source: Miami real estate market page, as of October 13, 2026.
  4. Houses that sold in September 2026 took a median 38 days to go under contract; condos and townhouses 67 days. Homes still for sale have been listed a median 51 days (houses) and 80 days (condos and townhouses). Source: Miami real estate market page, September 2026.
  5. 25.9% of Miami house sales and 44.9% of condo and townhouse sales were cash (January 1 - October 13, 2026). Source: Asking vs sale price in Miami, January 1 - October 13, 2026.
  6. 79.8% of Miami houses and 88.5% of condos and townhouses sold in 2026 closed below their original asking price. Source: Asking vs sale price in Miami, January 1 - October 13, 2026.
  7. The median asking rent across 6,072 Miami homes and condos listed for lease is $3,000 a month; 2-bedroom rentals $2,700 a month, 3-bedroom $3,500 a month. Source: Miami rental market, listed for lease as of October 13, 2026.
  8. Miami houses sold for $700,000 against $695,000 across Miami-Dade County in September 2026; condos and townhouses $421,000 against $420,000. Source: Miami-Dade County market report, September 2026.

Each line above is written to be quoted as it stands. Cite "PBP Real Estate analysis of BeachesMLS listing data" and link to this page or to the source page named after the figure.

How many homes are for sale in Miami?

2,035 houses and 4,986 condos and townhouses were listed for sale in Miami on October 13, 2026, with a further 635 houses and 698 condos and townhouses under contract. At September 2026's sales pace that is 5.8 months of house inventory and 15.0 months for condos and townhouses. The median asking price of a Miami house for sale is $829,000 ($471 per sq ft); for condos and townhouses $519,000 ($553 per sq ft). Source: Miami real estate market page.

Houses for sale2,035
Condos and townhouses for sale4,986

Active listings on October 13, 2026

Months of inventory, houses5.8 months
Months of inventory, condos and townhouses15.0 months
Miami-Dade County houses5.6 months
Miami-Dade County condos and townhouses13.1 months
Miami homes for sale, October 13, 2026
MeasureHousesCondos and townhouses
For sale2,0354,986
Under contract635698
Months of inventory5.8 months15.0 months
Median asking price$829,000$519,000
Median asking price per sq ft$471 per sq ft$553 per sq ft
Median days on market, for sale51 days80 days

How Miami compares with every other city: months of inventory by city, houses and condos side by side.

What is the median home price in Miami?

The median Miami house sold for $700,000 in September 2026, +4.9% against $667,000 in September 2025; the median condo or townhouse sold for $421,000, +0.8% against $417,500. Year to date (Jan 1 - Sep 30, 2026) 3,791 houses closed at a median $700,000 and 3,583 condos and townhouses at $430,000; the same period of 2025 had 3,602 and 3,423 sales at $685,000 and $435,000. Monthly medians compare different homes, not repeat sales of the same home, so month-to-month moves partly reflect what happened to sell. Source: Miami real estate market page.

Median house sale, September 2026$700,000
Median condo/townhouse sale, September 2026$421,000
Miami-Dade County houses$695,000
Miami-Dade County condos and townhouses$420,000
Miami closed sales, September 2026 and Jan 1 - Sep 30, 2026
MeasureHousesCondos and townhouses
Sold, September 2026351333
Median sale price, September 2026$700,000$421,000
Median sale price, September 2025$667,000$417,500
Change, September 2026 vs September 2025+4.9%+0.8%
Median sale price per sq ft, September 2026$415 per sq ft$365 per sq ft
Median sale price as share of final asking, September 202697.0%96.0%
Sold, Jan 1 - Sep 30, 20263,7913,583
Sold, Jan 1 - Sep 30, 20253,6023,423
Median sale price, Jan 1 - Sep 30, 2026$700,000$430,000
Median sale price, Jan 1 - Sep 30, 2025$685,000$435,000
Median sale price per sq ft, Jan 1 - Sep 30, 2026$415 per sq ft$378 per sq ft

What do these figures mean for your own home? Price my Miami home correctly · How to sell a house in Miami.

How long does it take to sell a home in Miami?

Houses that closed in September 2026 took a median 38 days to go under contract; condos and townhouses took 67 days. Year to date the medians are 43 days and 64 days. Homes still for sale carry longer clocks, 51 days for houses and 80 days for condos and townhouses, because the homes that sell quickly have already left the pool. Counting cumulative days across relistings, the median house for sale has been on the market 71 days and the median condo or townhouse 105 days (Buyer Hesitation Time). Source: Miami real estate market page, Miami price cuts.

Sold in the month, houses38 days
Sold in the month, condos and townhouses67 days
Still for sale, houses51 days
Still for sale, condos and townhouses80 days

Median days to go under contract; homes still for sale are listed longer

Miami time on market
MeasureHousesCondos and townhouses
Median days on market, sold September 202638 days67 days
Median days on market, sold Jan 1 - Sep 30, 202643 days64 days
Median days on market, homes for sale51 days80 days

How many Miami sellers have cut their asking price?

40.2% of Miami houses for sale and 37.3% of condos and townhouses were priced below their original asking price on October 13, 2026, the Seller Blink Rate. The median recorded cut was 4.6% ($45,100) for houses and 5.6% ($26,000) for condos and townhouses; 21.2% of houses for sale cut in the last 30 days. 41.8% of houses for sale have been on the market more than 90 cumulative days, and 18.3% have passed 90 days without any recorded cut. The MLS record does not carry every price change, so every cut share is a floor. Palm Beach County as a whole: 40.6% of houses and 37.9% of condos and townhouses. Source: Miami price cuts.

Houses below original asking price40.2%
Condos and townhouses below original asking price37.3%
Miami-Dade County houses40.6%
Miami-Dade County condos and townhouses37.9%

Seller Blink Rate on October 13, 2026

Miami asking-price cuts among homes for sale, October 13, 2026
MeasureHousesCondos and townhouses
Seller Blink Rate (priced below original asking)40.2%37.3%
Median recorded cut4.6%5.6%
Median recorded cut, dollars$45,100$26,000
Cut in the last 30 days21.2%14.6%
Buyer Hesitation Time (median cumulative days, for sale)71 days105 days
On the market more than 90 cumulative days41.8%55.5%
Over 90 days with no recorded cut18.3%27.1%

How many "new" Miami listings had been listed before?

Not reported of Miami houses for sale and not reported of condos and townhouses carried more cumulative days on market than their current listing shows, the MLS signature of an earlier listing that ended without a sale. Relists entered under an unlinked new MLS number are not detected, so these shares are floors. Source: .

Miami Relisting Index,
MeasureHousesCondos and townhouses
Share of homes for sale that had been listed beforenot reportednot reported
Share of homes new to market last month that had been listed beforenot reportednot reported
Median prior market days carried by relisted homesnot reportednot reported

What do Miami condo and HOA fees cost?

On October 13, 2026, the median monthly fee on a Miami condominium for sale is $978 a month, 48.8% of listings carry a fee above $1,000 a month and the median annual fee equals 2.2% of the asking price; townhouses and villas for sale carry a median HOA fee of $182 a month (middle half $130 to 290). Fees are read from active listings, after exclusions and percentile trimming described on the index page; a multi-year fee series for Miami is not yet published.

Miami condo, townhouse and villa association costs
MeasureValuePeriod
Median monthly condo fee, condominiums for sale$978 a monthas of October 13, 2026
Share of condominiums for sale with a monthly fee over $1,00048.8%as of October 13, 2026
Median annual condo fee as share of asking price2.2%as of October 13, 2026
Median monthly HOA fee, townhouses and villas for sale$182 a monthas of October 13, 2026
Middle half of monthly HOA fees, townhouses and villas for sale$130 to 290as of October 13, 2026

Source: Miami Condo Fee Index.

How many Miami home sales are cash?

25.9% of Miami house sales and 44.9% of condo and townhouse sales closed for cash between January 1 and October 13, 2026, against 23.6% and 45.4% in the same period of 2025. In the same window 79.8% of houses and 88.5% of condos and townhouses closed below their original asking price. Financing is the buyer-financing field recorded at closing. Source: Asking vs sale price in Miami.

Miami financing and sale-to-ask outcomes
MeasureValuePeriod
Cash share of sold houses25.9%January 1 - October 13, 2026
Cash share of sold houses23.6%same period 2025
Cash share of sold condos and townhouses44.9%January 1 - October 13, 2026
Cash share of sold condos and townhouses45.4%same period 2025
Share of sold houses that closed below original asking price79.8%January 1 - October 13, 2026
Share of sold condos and townhouses that closed below original asking price88.5%January 1 - October 13, 2026

What do Miami rentals cost?

The median asking rent across the 6,072 Miami homes and condos listed for lease on October 13, 2026 was $3,000 a month. One-bedroom rentals asked a median $2,550 a month, two-bedroom $2,700 a month and three-bedroom $3,500 a month; the median rental had been listed 32 days, and furnished units asked 108.0% more than unfurnished units of similar size. These are asking rents on listings for lease, not signed leases. Source: Miami rental market.

Miami rentals listed for lease, October 13, 2026
MeasureValue
Homes and condos listed for lease6,072
Median asking rent, homes and condos listed for lease$3,000 a month
Median asking rent, 1-bedroom rentals$2,550 a month
Median asking rent, 2-bedroom rentals$2,700 a month
Median asking rent, 3-bedroom rentals$3,500 a month
Median days on market, rentals listed for lease32 days
Furnished asking-rent premium over unfurnished, like-for-like size108.0%

How does Miami compare with Miami-Dade County?

Miami houses sold for a median $700,000 in September 2026 against $695,000 across Miami-Dade County, and condos and townhouses for $421,000 against $420,000. Miami carries 5.8 months of house inventory against the county's 5.6 months, and 15.0 months of condo and townhouse inventory against 13.1 months. Source: Miami-Dade County market report.

Miami houses$700,000
Miami condos and townhouses$421,000
Miami-Dade County houses$695,000
Miami-Dade County condos and townhouses$420,000

Median sale price, September 2026

Miami houses38 days
Miami condos and townhouses67 days
Miami-Dade County houses41 days
Miami-Dade County condos and townhouses67 days

Median days on market, September 2026

Miami against Miami-Dade County
MeasureMiamiMiami-Dade County
Median sale price, houses, September 2026$700,000$695,000
Median sale price, condos and townhouses, September 2026$421,000$420,000
Months of inventory, houses5.8 months5.6 months
Months of inventory, condos and townhouses15.0 months13.1 months
Median days on market of sold houses, September 202638 days41 days
Median days on market of sold condos and townhouses, September 202667 days67 days
Seller Blink Rate, houses40.2%40.6%
Seller Blink Rate, condos and townhouses37.3%37.9%

What these statistics mean if you are selling in Miami

The numbers that decide a Miami sale are the ones in the asking-price sections: 40.2% of houses for sale have already cut their asking price. The buyer's agent reading your listing sees the cumulative days, the earlier asking prices and the county comparison above. The useful question before listing is not what the highest number is that the market might accept, but what the first asking price should be so the home sells before it joins the cut-and-relist cohorts. That is the question a comparative market analysis from PBP Real Estate answers, house by house, from the same closed-sale record used here.

All 82 statistics in this edition

Every figure on this page grouped by section, with its type, period, data date and the PBP page where it was first published. The same table is downloadable as CSV below.

Inventory and supply (12 statistics)

Miami inventory and supply statistics, 12 figures, data as of October 13, 2026
StatisticTypeValuePeriod
Houses for saleHouses2,035as of October 13, 2026
Houses under contractHouses635as of October 13, 2026
Months of inventory, housesHouses5.8 monthsas of October 13, 2026
Median asking price, houses for saleHouses$829,000as of October 13, 2026
Median asking price per square foot, houses for saleHouses$471 per sq ftas of October 13, 2026
Median days on market, houses for saleHouses51 daysas of October 13, 2026
Condos and townhouses for saleCondos and townhouses4,986as of October 13, 2026
Condos and townhouses under contractCondos and townhouses698as of October 13, 2026
Months of inventory, condos and townhousesCondos and townhouses15.0 monthsas of October 13, 2026
Median asking price, condos and townhouses for saleCondos and townhouses$519,000as of October 13, 2026
Median asking price per square foot, condos and townhouses for saleCondos and townhouses$553 per sq ftas of October 13, 2026
Median days on market, condos and townhouses for saleCondos and townhouses80 daysas of October 13, 2026
Source: Miami real estate market page. Data as of October 13, 2026.

Prices and sales, houses (15 statistics)

Miami prices and sales, houses statistics, 15 figures, data as of October 13, 2026
StatisticTypeValuePeriod
Houses soldHouses351September 2026
Median sale price, housesHouses$700,000September 2026
Median sale price per square foot, housesHouses$415 per sq ftSeptember 2026
Median days on market of sold housesHouses38 daysSeptember 2026
Median sale price as share of final asking price, housesHouses97.0%September 2026
Houses soldHouses419September 2025
Median sale price, housesHouses$667,000September 2025
Median sale price change, houses, September 2026 vs September 2025Houses+4.9%September 2026 vs September 2025
Houses soldHouses3,791Jan 1 - Sep 30, 2026
Median sale price, housesHouses$700,000Jan 1 - Sep 30, 2026
Median sale price per square foot, housesHouses$415 per sq ftJan 1 - Sep 30, 2026
Median days on market of sold housesHouses43 daysJan 1 - Sep 30, 2026
Houses soldHouses3,602Jan 1 - Sep 30, 2025
Median sale price, housesHouses$685,000Jan 1 - Sep 30, 2025
Change in houses sold, Jan 1 - Sep 30, 2026 vs Jan 1 - Sep 30, 2025Houses+5.2%Jan 1 - Sep 30, 2026 vs Jan 1 - Sep 30, 2025
Source: Miami real estate market page. Data as of October 13, 2026.

Prices and sales, condos and townhouses (15 statistics)

Miami prices and sales, condos and townhouses statistics, 15 figures, data as of October 13, 2026
StatisticTypeValuePeriod
Condos and townhouses soldCondos and townhouses333September 2026
Median sale price, condos and townhousesCondos and townhouses$421,000September 2026
Median sale price per square foot, condos and townhousesCondos and townhouses$365 per sq ftSeptember 2026
Median days on market of sold condos and townhousesCondos and townhouses67 daysSeptember 2026
Median sale price as share of final asking price, condos and townhousesCondos and townhouses96.0%September 2026
Condos and townhouses soldCondos and townhouses406September 2025
Median sale price, condos and townhousesCondos and townhouses$417,500September 2025
Median sale price change, condos and townhouses, September 2026 vs September 2025Condos and townhouses+0.8%September 2026 vs September 2025
Condos and townhouses soldCondos and townhouses3,583Jan 1 - Sep 30, 2026
Median sale price, condos and townhousesCondos and townhouses$430,000Jan 1 - Sep 30, 2026
Median sale price per square foot, condos and townhousesCondos and townhouses$378 per sq ftJan 1 - Sep 30, 2026
Median days on market of sold condos and townhousesCondos and townhouses64 daysJan 1 - Sep 30, 2026
Condos and townhouses soldCondos and townhouses3,423Jan 1 - Sep 30, 2025
Median sale price, condos and townhousesCondos and townhouses$435,000Jan 1 - Sep 30, 2025
Change in condos and townhouses sold, Jan 1 - Sep 30, 2026 vs Jan 1 - Sep 30, 2025Condos and townhouses+4.7%Jan 1 - Sep 30, 2026 vs Jan 1 - Sep 30, 2025
Source: Miami real estate market page. Data as of October 13, 2026.

County context (8 statistics)

Miami county context statistics, 6 figures, data as of October 13, 2026
StatisticTypeValuePeriod
Miami-Dade County median sale price, housesHouses$695,000September 2026
Miami-Dade County months of inventory, housesHouses5.6 monthsas of October 13, 2026
Miami-Dade County median days on market of sold housesHouses41 daysSeptember 2026
Miami-Dade County median sale price, condos and townhousesCondos and townhouses$420,000September 2026
Miami-Dade County months of inventory, condos and townhousesCondos and townhouses13.1 monthsas of October 13, 2026
Miami-Dade County median days on market of sold condos and townhousesCondos and townhouses67 daysSeptember 2026
Source: Miami-Dade County market report. Data as of October 13, 2026.
Miami county context statistics, 2 figures, data as of October 13, 2026
StatisticTypeValuePeriod
Miami-Dade County Seller Blink Rate, housesHouses40.6%as of October 13, 2026
Miami-Dade County Seller Blink Rate, condos and townhousesCondos and townhouses37.9%as of October 13, 2026
Source: South Florida price cuts. Data as of October 13, 2026.

Asking-price cuts (14 statistics)

Miami asking-price cuts statistics, 14 figures, data as of October 13, 2026
StatisticTypeValuePeriod
Seller Blink Rate, houses: share of homes for sale priced below their original asking priceHouses40.2%as of October 13, 2026
Median recorded asking-price cut, housesHouses4.6%as of October 13, 2026
Median recorded asking-price cut, housesHouses$45,100as of October 13, 2026
Share of houses for sale that cut in the last 30 daysHouses21.2%as of October 13, 2026
Buyer Hesitation Time, houses: median cumulative days on market of homes for saleHouses71 daysas of October 13, 2026
Share of houses for sale on the market more than 90 cumulative daysHouses41.8%as of October 13, 2026
Share of houses for sale over 90 days with no recorded cutHouses18.3%as of October 13, 2026
Seller Blink Rate, condos and townhouses: share of homes for sale priced below their original asking priceCondos and townhouses37.3%as of October 13, 2026
Median recorded asking-price cut, condos and townhousesCondos and townhouses5.6%as of October 13, 2026
Median recorded asking-price cut, condos and townhousesCondos and townhouses$26,000as of October 13, 2026
Share of condos and townhouses for sale that cut in the last 30 daysCondos and townhouses14.6%as of October 13, 2026
Buyer Hesitation Time, condos and townhouses: median cumulative days on market of homes for saleCondos and townhouses105 daysas of October 13, 2026
Share of condos and townhouses for sale on the market more than 90 cumulative daysCondos and townhouses55.5%as of October 13, 2026
Share of condos and townhouses for sale over 90 days with no recorded cutCondos and townhouses27.1%as of October 13, 2026
Source: Miami price cuts. Data as of October 13, 2026.

Association fees (5 statistics)

Miami association fees statistics, 2 figures, data as of October 13, 2026
StatisticTypeValuePeriod
Median monthly HOA fee, townhouses and villas for saleTownhouses and villas$182 a monthas of October 13, 2026
Middle half of monthly HOA fees, townhouses and villas for saleTownhouses and villas$130 to 290as of October 13, 2026
Source: Miami HOA Fee Index. Data as of October 13, 2026.
Miami association fees statistics, 3 figures, data as of October 13, 2026
StatisticTypeValuePeriod
Median monthly condo fee, condominiums for saleCondominiums$978 a monthas of October 13, 2026
Share of condominiums for sale with a monthly fee over $1,000Condominiums48.8%as of October 13, 2026
Median annual condo fee as share of asking priceCondominiums2.2%as of October 13, 2026
Source: Miami Condo Fee Index. Data as of October 13, 2026.

Financing (6 statistics)

Miami financing statistics, 6 figures, data as of October 13, 2026
StatisticTypeValuePeriod
Cash share of sold housesHouses25.9%January 1 - October 13, 2026
Share of sold houses that closed below original asking priceHouses79.8%January 1 - October 13, 2026
Cash share of sold housesHouses23.6%same period 2025
Cash share of sold condos and townhousesCondos and townhouses44.9%January 1 - October 13, 2026
Share of sold condos and townhouses that closed below original asking priceCondos and townhouses88.5%January 1 - October 13, 2026
Cash share of sold condos and townhousesCondos and townhouses45.4%same period 2025
Source: Asking vs sale price in Miami. Data as of October 13, 2026.

Rentals (7 statistics)

Miami rentals statistics, 7 figures, data as of October 13, 2026
StatisticTypeValuePeriod
Median asking rent, homes and condos listed for leaseAll rentals$3,000 a monthlisted for lease as of October 13, 2026
Homes and condos listed for leaseAll rentals6,072listed for lease as of October 13, 2026
Median days on market, rentals listed for leaseAll rentals32 dayslisted for lease as of October 13, 2026
Median asking rent, 1-bedroom rentals1-bedroom$2,550 a monthlisted for lease as of October 13, 2026
Median asking rent, 2-bedroom rentals2-bedroom$2,700 a monthlisted for lease as of October 13, 2026
Median asking rent, 3-bedroom rentals3-bedroom$3,500 a monthlisted for lease as of October 13, 2026
Furnished asking-rent premium over unfurnished, like-for-like sizeAll rentals108.0%listed for lease as of October 13, 2026
Source: Miami rental market. Data as of October 13, 2026.

Method, source, corrections and download

  • Source data: BeachesMLS listings permitted for internet display, delivered through Cotality Trestle (PBP connection 23039). Listings whose sellers declined internet display are absent and their number is unknown, so no figure is a census.
  • Property type follows the tax legal description: a condominium regime in the legal makes the property a condo whatever the MLS type; townhouses and villas are reported with condos. Houses and condos/townhouses are never combined into one figure.
  • Medians are reported only where the source page's own sample floor is met (5 sales for hub medians, 30 listings for shares on the research indexes); figures under the floor are omitted, never estimated. Derived changes (year-over-year, share changes) are computed from the two published figures and marked as such in the download.
  • Each statistic carries its own data date. Monthly medians use the latest complete month (September 2026); inventory, contract and asking-price figures are the October 13, 2026 snapshot; the Relisting Index is its October 13, 2026 edition.
  • This is the 2026-10-13 edition and it is frozen. A new edition is published each day the data refreshes; earlier editions remain downloadable. Published-figure errors are logged at the corrections log.
  • Download: 2026-10-13.csv (CSV, this edition, one row per statistic with source URL) or the latest edition. Listing-level records are MLS data and are not redistributed.
  • Free to cite with attribution to "PBP Real Estate analysis of BeachesMLS listing data" and a link. Questions or a request for a figure not shown here: info@pbpre.com or 561-395-8418.

Related research: Miami price cuts, Miami condo fees, the Miami rental market, the Miami real estate market page, Miami-Dade County real estate statistics, the Miami-Dade County market report and, across all five counties, South Florida homes listed below their purchase price.

Real estate statistics for other South Florida cities

Same method, same sources, one page per city 88 other city editions across 5 counties. Same-county editions are listed below; the index of every city edition is at South Florida real estate statistics by city.

Miami-Dade County

Aventura, Bal Harbour, Bay Harbor Islands, Biscayne Park, Coconut Grove, Coral Gables, Cutler Bay, Doral, Florida City, Hialeah, Hialeah Gardens, Homestead, Key Biscayne, Miami Beach, Miami Gardens, Miami Lakes, Miami Shores, Miami Springs, North Bay Village, North Miami, North Miami Beach, Opa Locka, Palmetto Bay, Pinecrest, South Miami, Sunny Isles Beach, Surfside.

Other counties: Palm Beach County (29 cities), Broward County (26 cities), Martin County (4 cities), St. Lucie County (2 cities).

Based on information from BeachesMLS for September 2026 and for January 1, 2026 through September 30, 2026, retrieved October 13, 2026. Information deemed reliable but not guaranteed. Listings permitted for internet display.

Questions about Miami real estate statistics

What is the median home price in Miami?

In September 2026 the median Miami house sold for $700,000 and the median condo or townhouse for $421,000, from 351 and 333 closed sales in BeachesMLS. Year to date (Jan 1 - Sep 30, 2026) the medians are $700,000 and $430,000. Houses and condos are reported separately and never averaged together.

How many homes are for sale in Miami?

On October 13, 2026, 2,035 houses and 4,986 condos and townhouses were listed for sale in Miami, with 635 houses and 698 condos and townhouses under contract. That is 5.8 months of house inventory and 15.0 months for condos and townhouses at last month's sales pace.

How long does it take to sell a home in Miami?

Houses that closed in September 2026 had a median 38 days on the market; condos and townhouses 67 days. Homes still for sale on October 13, 2026 had been listed a median 51 days (houses) and 80 days (condos and townhouses); the sold figure is shorter because homes that sell quickly leave the for-sale pool.

How many Miami sellers have cut their asking price?

On October 13, 2026, 40.2% of Miami houses for sale and 37.3% of condos and townhouses carried an asking price below their original asking price (the Seller Blink Rate). The median recorded cut was 4.6% for houses and 5.6% for condos and townhouses. The MLS record does not carry every price change, so these counts are floors.

How to cite this page

Free to reuse with attribution and a link to PBP Real Estate. Copy the line below; the URL is permanent and always shows the latest figures.

PBP Real Estate analysis of BeachesMLS listing data, "Miami real estate statistics," as of October 13, 2026, https://www.pbprealestate.com/miami-real-estate-statistics/

For a versioned edition, use its own figures, original statistical date and revision notice. Corrections are disclosed publicly and may produce a corrected reissue. The monthly snapshot may differ from this current page; do not attach today's figure to the monthly citation:

PBP Real Estate analysis of BeachesMLS listing data, "Miami real estate statistics, edition 2026-10-13 (CSV)," https://www.pbprealestate.com/data/statistics/miami/2026-10-13.csv

Method: How to read our numbers. Every kit and chart: pbprealestate.com/press. Questions or a licensed quote: Gia Freer, Broker of Record (Lic. BK689801), 561-395-8418.

For sellers

Pricing a home is a skill. Start with the current competition and recent closed sales.

40.2% of active single-family house listings in Miami have a recorded asking price below their original list price.

The data comes from the segment and recorded fields available in PBP Real Estate's BeachesMLS feed, as of the date shown. Gia Freer, Broker of Record, turns comparable sales and current competition into one written pricing opinion for your home, with the reasoning, before it goes live.

No website estimate, no automated number: a written opinion of value prepared by hand, within one business day.

40.2%Recorded below original
59.8%Not recorded as below originalMay include unchanged prices, increases and missing-price records; not a never-cut count.
2,107 single-family houses for sale in Miami. Source: BeachesMLS, as of October 13, 2026. Information is deemed reliable but not guaranteed. Seller Blink Rate™ is the share of active listings with a recorded asking price below the original list price. The denominator is all active listings in the segment. The complement may include unchanged prices, increases and missing-price records; it does not establish a price history.

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Reviewed by Gia Freer, Broker of Record (Lic. BK689801). Reply within one business day. No automated estimate is published on this site.