Market Report

Market Report

Miami Beach, FL

Get Updates on this Market
% 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
3%
since
Avg. Days on Market
All Property Types
130 Days
May 2026
40.6%
since
Monthly Inventory
Number of listings on the market at
any point during May of 2026
2,231 Properties
2,144 Single Family
0 Land/Farm
1,873 Condo
May 2026
193.6%
since
Miami Beach / May 2026 / All Property Types
Monthly Supply of Inventory
Total Homes Sold
All Property Types
180 Homes
May 2026
283%
since
Miami Beach / May 2026 / All Property Types
Homes Sold By Price Range
New Listings
All Property Types
315 Homes
May 2026
103.2%
since
Miami Beach / May 2026 / All Property Types
Homes Listed By Price Range
Homes Sold
All Property Types / Year to Date
862 Homes
Jan 2026 - May 2026
445.6%
since
Average Sales Price
All Property Types
$2.8M Median Price - $673K
May 2026
25.4%
since
Average Price / SqFt
All Property Types
$1,130 / SqFt
May 2026
13.9%
since

Ask Questions