Market Report

Market Report

Downtown Miami, FL

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% of Asking Price
All Property Types
93%
July 2026
3.3%
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
July 2026
0%
since
Avg. Days on Market
All Property Types
119 Days
July 2026
11.6%
since
Monthly Inventory
Number of listings on the market at
any point during July of 2026
755 Properties
743 Single Family
0 Land/Farm
743 Condo
July 2026
214.6%
since
Downtown Miami / July 2026 / All Property Types
Monthly Supply of Inventory
Total Homes Sold
All Property Types
29 Homes
July 2026
31.8%
since
Downtown Miami / July 2026 / All Property Types
Homes Sold By Price Range
New Listings
All Property Types
115 Homes
July 2026
194.9%
since
Downtown Miami / July 2026 / All Property Types
Homes Listed By Price Range
Homes Sold
All Property Types / Year to Date
200 Homes
Jan 2026 - Jul 2026
166.7%
since
Average Sales Price
All Property Types
$787K Median Price - $520K
July 2026
17.8%
since
Average Price / SqFt
All Property Types
$651 / SqFt
July 2026
8.7%
since

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