Market Report

Market Report

Miami Beach, FL

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% of Asking Price
All Property Types
92%
May 2026
3.7%
since
What kind of market is it?
Buyer's Market
Seller Market
12.0 Months of Supply
What's this mean?

Buyer's Market: More than 6 months of inventory based on closed sales

Seller's Market: Less than 3 months of inventory based on closed sales

Neutral's Market: 3-6 months of inventory based on closed sales

Buyer Market
May 2026
2.5%
since
Avg. Days on Market
All Property Types
131 Days
May 2026
41.1%
since
Monthly Inventory
Number of listings on the market at
any point during May of 2026
2,261 Properties
2,171 Single Family
0 Land/Farm
1,896 Condo
May 2026
196.3%
since
Miami Beach / May 2026 / All Property Types
Monthly Supply of Inventory
Total Homes Sold
All Property Types
175 Homes
May 2026
272.3%
since
Miami Beach / May 2026 / All Property Types
Homes Sold By Price Range
New Listings
All Property Types
316 Homes
May 2026
103.9%
since
Miami Beach / May 2026 / All Property Types
Homes Listed By Price Range
Homes Sold
All Property Types / Year to Date
857 Homes
Jan 2026 - May 2026
445.9%
since
Average Sales Price
All Property Types
$2.9M Median Price - $690K
May 2026
28.4%
since
Average Price / SqFt
All Property Types
$1,146 / SqFt
May 2026
15.6%
since

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