Market Report

Market Report

South Miami, FL

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% of Asking Price
All Property Types
91%
June 2026
2.9%
since
What kind of market is it?
Buyer's Market
Seller Market
11.7 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
June 2026
42.3%
since
Avg. Days on Market
All Property Types
161 Days
June 2026
100.4%
since
Monthly Inventory
Number of listings on the market at
any point during June of 2026
66 Properties
62 Single Family
0 Land/Farm
18 Condo
June 2026
88.6%
since
South Miami / June 2026 / All Property Types
Monthly Supply of Inventory
Total Homes Sold
All Property Types
12 Homes
June 2026
140%
since
South Miami / June 2026 / All Property Types
Homes Sold By Price Range
New Listings
All Property Types
14 Homes
June 2026
75%
since
South Miami / June 2026 / All Property Types
Homes Listed By Price Range
Homes Sold
All Property Types / Year to Date
69 Homes
Jan 2026 - Jun 2026
331.3%
since
Average Sales Price
All Property Types
$1.9M Median Price - $985K
June 2026
48.8%
since
Average Price / SqFt
All Property Types
$646 / SqFt
June 2026
19.8%
since

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