Updated daily · as of September 5, 2026 · Miami Beach, Miami-Dade County, Florida
Miami Beach price cuts and days on market: 32% of houses for sale have cut, condos 34.6%
As of September 5, 2026, 48 of the 150 single-family homes for sale in Miami Beach (32%) and 539 of 1,557 condominiums (34.6%) have reduced their asking price at least once.
Source: BeachesMLS, listings permitted for internet display, via PBP Real Estate's brokerage feed. As of Sep 5, 2026.
For buyers and sellers: 32% of the houses you compete with, or would bid on, have already come down once; the median cut is $353K, and the median house that cut has waited 96 days counting every relisting.
The story for media: "32% of single-family homes for sale in Miami Beach have reduced their asking price at least once, against 37.7% across Miami-Dade County, according to PBP Real Estate's daily analysis of BeachesMLS listing data as of September 5, 2026."
Daily tracking of Miami Beach began September 5, 2026; the sparklines in these tiles fill in from the second day and show the trailing 90 days. Buyer Hesitation Time is the median cumulative days on market; Seller Blink Rate is the share of active listings with at least one price reduction.
A home that is priced properly on day one sells in the first few weeks. One that is not gets cut, sits, or comes back on the market as a fresh listing. This page counts all three every morning for Miami Beach, houses and condominiums separately, from our own MLS feed. It is the number a seller should know before choosing an asking price, and the number a buyer should know before making an offer.
36.7% of Miami Beach houses are fresh and holding their price; 24% are past 90 days and have never cut
- Fresh, no cut (60 days or less)
- Cut at least once
- Over 90 days, never cut
- Other (61 to 90 days, no cut)
Source: BeachesMLS, listings permitted for internet display, via PBP Real Estate's brokerage feed. As of Sep 5, 2026.
Every active listing falls into one of three states: fresh with no cut (on the market 60 days or less at its original price), cut at least once, or past 90 days and never cut. The first group is the market working; the second is the market correcting; the third is waiting for a buyer who has not come.
$2M to $5M houses have cut most often in Miami Beach: 45.8% of 48
Source: BeachesMLS, listings permitted for internet display, via PBP Real Estate's brokerage feed. As of Sep 5, 2026. * $1M to $2M: fewer than 30 listings, read with care. Bands under 10 listings are gray and not read at all.
Longer bars mean more of that band has had to come down; the days figure is the median true time on market for the whole band. Condominium bands: Under $250K 46.2% of 169; $250K to $500K 36.4% of 536; $500K to $1M 38.4% of 406; $1M and up 24.7% of 446.
50.7% of Miami Beach houses and 49.3% of condominiums have waited more than 90 days
Source: BeachesMLS, listings permitted for internet display, via PBP Real Estate's brokerage feed. As of Sep 5, 2026.
Days on market as shown on portals resets each time a home is withdrawn and relisted; cumulative days on market does not. 1.3% of active houses and 1.1% of active condos carry a longer cumulative history than their current listing shows. The median house shows 96 days on its current listing and 96 days in truth.
| Cumulative days on market | Houses | Share | Condominiums | Share |
|---|---|---|---|---|
| 30 days or less | 42 | 28% | 476 | 30.6% |
| 31 to 60 | 17 | 11.3% | 164 | 10.5% |
| 61 to 90 | 15 | 10% | 150 | 9.6% |
| 91 to 180 | 26 | 17.3% | 349 | 22.4% |
| More than 180 | 50 | 33.3% | 418 | 26.8% |
70.5% of Miami Beach houses now under contract never had to cut
Source: BeachesMLS, listings permitted for internet display, via PBP Real Estate's brokerage feed. As of Sep 5, 2026.
Of the 44 Miami Beach houses now under contract, 29.5% cut their price before a buyer committed, by a median 10.2%; the median took 114 days in total. For condominiums, 34.5% of 200 cut first. The remainder found a buyer at their original asking price, which is what priced properly looks like in the data.
Trend since tracking began
Daily tracking of Miami Beach began on September 5, 2026. The trend chart appears here once a second day of data exists and grows every morning after that; daily moves are read against the trailing 30 and 90 days, not on their own.
What to do with this
Sellers
- Set the asking price against the 36.7% of Miami Beach houses that are fresh and holding, not the 32% that have already come down.
- If a listing has passed 60 days without an offer, the data says the next move is a price decision, not another photo shoot.
- A withdrawn-and-relisted home still carries its full history in the MLS; buyers' agents see it.
Buyers
- Ask for the cumulative days on market, not the portal figure; in Miami Beach they differ for 1.3% of houses.
- A listing past 90 days that has never cut (24% of houses) is where offers below asking are most often entertained.
- Homes in the $2M to $5M band have cut most often; expect competition to be thinner there.
Media writers
- Angle: Miami Beach sellers are holding firmer than the county: 32% of houses cut versus 37.7% across Miami-Dade County.
- Attribute to: PBP Real Estate analysis of BeachesMLS listing data, as of September 5, 2026. Method note at the foot of this page; figures refresh every morning.
For journalists: the Miami Beach numbers, ready to run
Everything on this page as a news kit, rebuilt every morning: three headline options, an AP-style lede, a fact box with exact figures and periods, three quotable data points, the charts above as standalone images with captions and alt text, and the methodology. Free to reuse with attribution to PBP Real Estate analysis of BeachesMLS listing data. No form, no gate.
Headline options today
- 32.0% of Miami Beach houses for sale have cut their asking price, 34.6% of condos
- Miami Beach sellers hold firmer than the rest of Miami-Dade County as 50.7% of houses pass 90 days on the market
- Buying in Miami Beach? Two in five houses have already come down once, by a median $352K
Quotable
"32.0 percent of single-family homes for sale in Miami Beach have reduced their asking price at least once, by a median $352K."
Download
- Full press kit (zip, 825 KB): PDF, plain text, three PNG charts, captions and alt text
- Journalist package (PDF)
- Plain text, paste-ready
- Miami Beach houses are cutting 5.7 points less often than Miami-Dade County (PNG)
- 50.7% of Miami Beach houses for sale have waited more than 90 days, counting every relisting (PNG)
- $2M to $5M Miami Beach houses have cut most often: 45.8% of 48 (PNG)
Need a number or a licensed quote
Gia Freer, Broker of Record (Lic. BK689801) · 561-395-8418 · info@pbpre.com · same-day response Monday to Saturday. All city kits: pbprealestate.com/press.
Questions people actually ask
What share of Miami Beach homes for sale have cut their price?
As of September 5, 2026, 32% of single-family homes for sale in Miami Beach (48 of 150) show an asking price below their original list price. For condominiums it is 34.6% (539 of 1,557). 9 houses and 164 condos cut in the last 30 days. Across Miami-Dade County the shares are 37.7% for houses and 37.4% for condominiums. Source: BeachesMLS, listings permitted for internet display.
How big is a typical price cut in Miami Beach?
The median reduction from original asking price among Miami Beach houses that have cut is 7.8%, about $353K. Among condominiums it is 5.8%, about $34K. These are medians across every reduced active listing, not a forecast for any one home.
What are true days on market, and why do they differ from days on market?
Days on market resets when a listing is withdrawn and relisted. Cumulative days on market counts the whole history. In Miami Beach today the median house shows 96 days on its current listing but 96 days cumulatively; 1.3% of active houses and 1.1% of condos have been relisted at least once.
Do Miami Beach homes that go under contract usually cut first?
Of the 44 Miami Beach houses currently under contract, 29.5% reduced their asking price before finding a buyer, with a median reduction of 10.2%; the median took 114 days. For condominiums 34.5% of 200 cut first. The rest were priced properly from day one.
How often is this page updated?
Every morning. The figures come from PBP Real Estate's own MLS data feed and are rebuilt daily at about 5:00 AM Eastern; this version is as of September 5, 2026. Closed-sale figures elsewhere on the site are pinned to the latest full month, but active-listing figures like these move every day.
Selling in Miami Beach? Price it properly the first time
32% of your competition has already had to come down. Gia Freer, Broker of Record, reads the sales your home actually competes with and tells you where it belongs before it goes live, so you are in the fresh group, not the cut group. No website estimate, no automated number: a comparative market analysis done by hand, usually the same day.
Method: counts and medians over active and under-contract listings in Miami Beach and Miami-Dade County permitted for internet display in PBP Real Estate's BeachesMLS data feed, snapshotted daily. A price cut means the current asking price is below the original list price; cumulative days on market counts every relisting. Houses are single-family residences; condominiums exclude townhouses and villas. Bands with fewer than 30 listings are marked; fewer than 10 are not read. This data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. Based on information © 2026 BeachesMLS, Inc. Equal Housing Opportunity.
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 September 5, 2026.