Last updated October 12, 2026
Sell My House in Miami: What It Takes Right Now
Short answer: 351 Miami houses closed in September 2026 against 402 in August 2026, at a median $700,000 (unchanged from August 2026); the typical house sold at 95.5% of its original asking price and 97.2% of its final one. Condominiums and townhouses: 327 closings against 396, at 93.7% of the original asking price and 96.3% of the final. The price you set on day one decides most of what follows.
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.
Request a pricing opinion for your property
Selling? Pricing correctly is a skill. Gia Freer prices your home from this data before it goes live.
Ask Ava about this dataPrice my home correctlyKey takeaways
- 351 Miami houses closed in September 2026 against 402 in August 2026.
- Houses that went under contract within 30 days closed a median 1.9% below their original asking price; houses that took more than 180 days closed 12.2% below.
- Miami has 4.9 months of house supply and 12.8 months of condominium and townhouse supply at the current pace.
Is the Miami market up or down this month?
Month over month first, because that is the question sellers ask. Sold prices are measured against the ORIGINAL asking price first and the final asking price second: the first number shows the cost of where the listing started, the second hides it.
| Miami, closed sales | September 2026 | August 2026 |
|---|---|---|
| Houses: closed sales | 351 | 402 |
| Houses: median closing price | $700,000 | $700,000 |
| Houses: closed at this share of the ORIGINAL asking price (median) | 95.5% | 95.6% |
| Houses: closed at this share of the FINAL asking price (median) | 97.2% | 97.4% |
| Houses: median days on the market, counted across relistings | 38 | 39 |
| Condos and townhouses: closed sales | 327 | 396 |
| Condos and townhouses: median closing price | $425,000 | $408,500 |
| Condos and townhouses: closed at this share of the ORIGINAL asking price (median) | 93.7% | 94.5% |
| Condos and townhouses: closed at this share of the FINAL asking price (median) | 96.3% | 96.2% |
| Condos and townhouses: median days on the market, counted across relistings | 64 | 64 |
Based on information from BeachesMLS, retrieved October 12, 2026. Information deemed reliable but not guaranteed. Listings are provided 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.
One month is a small window: a handful of closings moves a monthly median more than the market moved. The year-to-date figures below carry the price picture, and the specific comparable sales on your street or in your building set your number.
What have Miami homes sold for this year?
| Miami, year to date (January 1 to October 12, 2026) | Houses | Condos and townhouses |
|---|---|---|
| Closed sales | 3,874 | 3,576 |
| Median closing price | $700,000 | $430,000 |
| Closed at this share of the ORIGINAL asking price (median) | 95.1% | 93.8% |
| Closed at this share of the FINAL asking price (median) | 97.1% | 96.2% |
| Closed below the original asking price | 80.4% | 88.6% |
| Median cut from the original asking price, sales that cut | 6.5% | 7.1% |
| Median days on the market, counted across relistings | 43 | 65 |
Based on information from BeachesMLS, retrieved October 12, 2026. Information deemed reliable but not guaranteed. Listings are provided 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.
Year to date 80.4% of Miami house sales and 88.6% of condominium and townhouse sales closed below their original asking price. Most Miami sellers do give something up; the question is how much, and it is decided mostly by the first price.
What does a wrong first price cost in Miami?
Every closed sale of the last twelve months, sorted by how long it took to go under contract. Houses that went under contract within 30 days closed a median 1.9% below their original asking price; houses that took more than 180 days closed 12.2% below.
| Time to go under contract (last 12 months) | Houses: share, and median cut from original ask | Condos: share, and median cut from original ask |
|---|---|---|
| Under contract within 30 days | 40.3% of sales, cut 1.9% | 28.3% of sales, cut 2.9% |
| 31 to 90 days | 32.0% of sales, cut 5.7% | 32.4% of sales, cut 5.8% |
| 91 to 180 days | 18.4% of sales, cut 9.1% | 22.8% of sales, cut 8.7% |
| More than 180 days | 9.3% of sales, cut 12.2% | 16.5% of sales, cut 13.3% |
Based on information from BeachesMLS, retrieved October 12, 2026. Information deemed reliable but not guaranteed. Listings are provided 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.
A listing that sits collects fewer showings at every later price, so the cuts compound. Pricing where the next 30 days of buyers agree is cheaper than testing the market and cutting later.
How many Miami sellers are cutting their price right now?
As of October 12, 2026, 40.2% of Miami houses for sale and 37.0% of condominiums and townhouses for sale were priced below their original asking price. The median recorded cut was 4.6% for houses and 5.6% for condominiums and townhouses, and 20.7% of houses for sale cut in the last 30 days. Each of those sellers is competing for the same buyers you will. The full daily count is on Miami price cuts.
Based on information from BeachesMLS, as of October 12, 2026. MLS City rows for Miami; the MLS record does not carry every price change, so these counts are floors. Information deemed reliable but not guaranteed.
Should I sell my Miami condo differently from a house?
Yes. Miami has 2,024 houses and 4,906 condominiums and townhouses for sale today: 4.9 months of house supply against 12.8 months for condominiums and townhouses at the current pace. 1,194 of the condominiums and townhouses for sale have been listed more than 180 days. A condominium buyer and the buyer's lender read the association's budget, reserves, insurance and any pending assessment before an offer holds, so those documents belong in the listing plan from day one.
What is the process for selling a home in Miami?
- Tell us the address and what you have done to the home. The form on this page asks for it.
- Gia Freer, our Broker of Record, prepares a written market analysis from the closed Miami sales that match your home, with the sales attached, and a written net sheet so you see what reaches you after payoff and costs. Within one business day.
- We list with a plan for the first 30 days: price, photographs, floor plan, showing access and, for a condominium, the association documents ready before the first buyer asks.
PBP Real Estate lists homes in Miami-Dade directly, as a transaction broker. No automated estimate is published on this site and no price here is produced by software.
What do I actually net from a Miami sale?
Sale price less the mortgage payoff, property taxes and association dues prorated to the closing date, documentary stamps on the deed, title and closing costs, any buyer's agent compensation you agree to, and any repairs you negotiate. We prepare the net sheet before you list and again with every offer, so you compare what reaches you rather than headline prices.
Related, for Miami owners: what is my home worth in Miami; the Miami real estate market, houses and condominiums; Miami real estate statistics; asking price versus sale price in Miami; when a Miami listing did not sell; probate property in Miami; short sales in Miami; behind on the mortgage in Miami-Dade.
Gia Freer, our Broker of Record, has been licensed in Florida since 2000 (BK689801) and prepares every opinion of value personally. PBP Real Estate, LLC.
How do I set the right listing price in Miami?
A written market analysis of your Miami home from our own BeachesMLS data, prepared by hand by our Broker of Record, with the sales it rests on attached.
Price my home correctly or read how we price a home first. or call (561) 395-8418.
This page covers the real-estate side only. It is not legal or tax advice. Probate, short sale, foreclosure and tax questions belong with a Florida attorney or a CPA.
Selling a home in Miami: questions
How long does it take to sell a house in Miami?
Year to date the median Miami house spent 43 days on the market, counted across relistings, and the median condominium 65 days. Over the last twelve months 40.3% of house sales went under contract within 30 days. Add roughly 30 to 45 days from contract to closing on a financed sale. BeachesMLS data retrieved October 12, 2026.
What will my Miami house actually sell for?
Year to date the median Miami house closed at $700,000 and the median condominium or townhouse at $430,000. Against the ORIGINAL asking price the typical house closed at 95.1% and the typical condominium at 93.8%; against the final asking price, 97.1% and 96.2%. Your number depends on the matching sales on your street or in your building, which is what a written market analysis is for.
Is the Miami market up or down this month?
September 2026: 351 house closings against 402 in August 2026, and 327 condominium and townhouse closings against 396. One month does not set a price; the comparable sales do.
What does an optimistic first price cost in Miami?
Over the last twelve months, houses that went under contract within 30 days closed a median 1.9% below their original asking price. Houses that took more than 180 days closed 12.2% below. The first price is the most expensive decision in the sale.
Do you sell condominiums in Miami too?
Yes. PBP Real Estate lists houses, condominiums and townhouses in Miami-Dade directly. Condominiums are a separate market here: 4.9 months of house supply against 12.8 months for condominiums and townhouses at the current pace.
What do I actually net?
Sale price less the mortgage payoff, taxes and association dues prorated to closing, documentary stamps on the deed, title and closing costs, any buyer's agent compensation you agree to, and any repairs you negotiate. We prepare a written net sheet before you list and again with every offer.
What clients say
PBP Real Estate holds 85 Google reviews at an average of 5.0 out of 5. Every quote below is a verbatim excerpt from a public review on that profile, shortened only where marked.
After more than a year trying to sell my condo to no avail, here comes Gia and with her sincere persona and professionalism, she sold my condo within 3 weeks.
★★★★★ Rosa S. · Google review, February 2020
Gia and John from PBP Real Estate exceeded expectations in selling my mother's Delray Beach condo, which had previously failed to sell with another firm. Despite being in New York, I experienced excellent communication and responsiveness via phone, text, and email, making the remote process, including the closing, stress-free.
★★★★★ Robert S. · Google review, December 2024
I needed to sell my mothers home from out of state and Gia made the whole process very easy. She helped me getting the right people to get the house emptied and cleaned.
★★★★★ Roger D. · Google review, December 2024
Read all 85 reviews on Google or see more on our about page.