Market Report

Market Report

South Miami, FL

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% of Asking Price
All Property Types
98%
October 2026
3.5%
since
What kind of market is it?
Buyer's Market
Seller Market
9.1 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
October 2026
52.1%
since
Avg. Days on Market
All Property Types
72 Days
October 2026
46.1%
since
Monthly Inventory
Number of listings on the market at
any point during October of 2026
69 Properties
63 Single Family
0 Land/Farm
15 Condo
October 2026
25.5%
since
South Miami / October 2026 / All Property Types
Monthly Supply of Inventory
Total Homes Sold
All Property Types
13 Homes
October 2026
0%
since
South Miami / October 2026 / All Property Types
Homes Sold By Price Range
New Listings
All Property Types
14 Homes
October 2026
40%
since
South Miami / October 2026 / All Property Types
Homes Listed By Price Range
Homes Sold
All Property Types / Year to Date
111 Homes
Jan 2026 - Oct 2026
20.7%
since
Average Sales Price
All Property Types
$1.4M Median Price - $990K
October 2026
53%
since
Average Price / SqFt
All Property Types
$661 / SqFt
October 2026
35.3%
since

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