BreakThru Realty Miami Beach Housing Market Report

In the 90 days to November 7, 2026, the median single-family home in Miami Beach sold for $3,768,334 and the median condo or townhome for $500,000; 1,944 homes and condos are for sale. By months of inventory, both are a buyer's market. BreakThru Realty analyzes BeachesMLS data daily to track home prices, inventory, sales, days on market and market direction in Miami Beach, Florida; nothing here is typed by hand.

Miami Beach Housing Market: Key Figures

  • The median single-family home in Miami Beach sold for $3,768,334 over the last 90 days, +44.9% against the same period a year earlier.
  • The median condo or townhome sold for $500,000, +7.8% year over year.
  • Single-family homes that sold averaged 157 days on the market; condos and townhomes 115 days.
  • With 10.2 months of inventory, single-family homes are a buyer's market; condos and townhomes, at 16.6 months, are a buyer's market.
  • 1,944 homes and condos were for sale in Miami Beach on November 7, 2026.

Miami Beach Market at a Glance

Updated November 7, 2026 from BeachesMLS.

Newest Miami Beach Homes for Sale

The 30 newest homes, condos and townhomes on the market in Miami Beach, straight from BeachesMLS. The 30 listings on this page run from $410,000 to $25,000,000, with a median of $1,647,500, about $1,431 per square foot, and they have been listed a median of 3 days.

  • The community with the most listings here is The 1525 Residence (6), 6 of the 30; the others are spread across 24 more communities.
  • By type: 26 condos and 4 single-family homes.
  • Bedrooms run from studios to 7, a median of 2; they were built between 1932 and 2027, a median of 2003, and 10 in the last ten years.
  • 6 of the 30 have a pool, and 14 are on the water.
  • They sit in 5 ZIP codes: 33109, 33135, 33139, 33140 and 33141.

See every Miami Beach home for sale with map and filters.

Single-family homesCondos & townhomes
Active listings1761,731
Median list price$5,592,500$570,000
Median list price per sq ft$1,585/sq ft$664/sq ft
Average days on market156 days176 days
Sold in the last 90 days52313
Median sold price (90 days)$3,768,334$500,000
Sale price as % of list price91.9%94.5%
Months of inventory10.2 months16.6 months
Median sold price vs. a year ago+44.9%+7.8%

Source: BeachesMLS. Active listings as of November 7, 2026; sold figures cover closings in the last 90 days, compared with the same 90 days one year earlier. Not an appraisal. How these figures are calculated.

Miami Beach Home Sales by Month

Closed residential sales in Miami Beach by closing month, from BeachesMLS. The current month is partial until it closes.

MonthClosed salesMedian sold priceMedian $/sq ftAvg days to sellSale-to-list
Dec 2025160$649,500$604/sq ft119 days94.4%
Jan 2026134$620,000$653/sq ft122 days94%
Feb 2026127$580,000$692/sq ft137 days94%
Mar 2026201$630,000$615/sq ft136 days94.3%
Apr 2026208$743,250$706/sq ft121 days94.4%
May 2026192$645,000$633/sq ft136 days95%
Jun 2026191$525,000$548/sq ft116 days94.4%
Jul 2026168$473,500$571/sq ft122 days94.3%
Aug 2026120$640,000$587/sq ft107 days93.5%
Sep 2026140$660,000$638/sq ft116 days94.6%
Oct 2026120$472,500$643/sq ft140 days94.8%
Nov 2026 (to date)17$680,000$1,027/sq ft110 days93.7%

Miami Beach Inventory Over Time

Active listings, new listings and homes under contract in Miami Beach, from BreakThru Realty's daily snapshots of BeachesMLS (recorded since 2026-09-16).

DateActive listingsNew this weekUnder contractSold in 30 daysMedian list (single-family)Median list (condos)
2026-10-061,86982231114$5,497,000$575,000
2026-10-071,87087225125$5,422,500$575,000
2026-10-081,86872226130$5,422,500$575,000
2026-10-091,87472223128$5,322,500$575,000
2026-10-101,86776220132$5,250,000$575,000
2026-10-111,86780220130$5,395,000$574,900
2026-10-121,86467223120$5,450,000$574,450
2026-10-141,86954220125$5,497,000$565,000
2026-10-151,86348218127$5,495,000$559,000
2026-10-161,86851217123$5,636,500$559,000
2026-10-171,87067220120$5,499,000$559,500
2026-10-181,87874219112$5,562,000$564,000
2026-10-191,8777022098$5,499,000$564,000
2026-10-201,88068216104$5,499,000$559,500
2026-10-211,88870213109$5,497,000$564,000
2026-10-221,89370213109$5,497,000$565,000
2026-10-231,90379215107$5,497,000$564,000
2026-10-241,91086211111$5,472,500$559,500
2026-10-251,91087208112$5,472,500$559,000
2026-10-261,91595209109$5,497,000$560,000
2026-10-271,91998207112$5,499,000$565,000
2026-10-281,92096205115$5,499,500$570,000
2026-10-301,92272201110$5,497,000$570,000
2026-10-311,93185196111$5,500,000$575,000
2026-11-011,90983199105$5,500,000$575,000
2026-11-021,9036720298$5,500,000$575,000
2026-11-031,90976204100$5,500,000$575,000
2026-11-041,92286201106$5,500,000$574,900
2026-11-051,92293209107$5,542,500$569,000
2026-11-061,93698209103$5,585,000$572,000

Miami Beach Rental Market at a Glance

Updated November 7, 2026 from BeachesMLS.

  • 1,690homes for rent
  • $3,450/momedian asking rent
  • 115new rentals this week
  • 370leased in the last 30 days
Houses & townhomesCondos & apartments
Active rentals1301,560
Median asking rent$8,500/mo$3,400/mo
Median rent per sq ft$4.97/sq ft$4.40/sq ft
Average days on market123 days235 days
Leased in the last 90 days851,053
Median leased rent (90 days)$5,900/mo$2,700/mo
Median leased rent vs. a year ago+7.3%0%

Source: BeachesMLS. Asking rents are active rentals as of November 7, 2026; leased rents cover leases signed in the last 90 days, compared with the same 90 days one year earlier. Not an appraisal.

Home Prices in Miami Beach

Over the last 90 days the median single-family home in Miami Beach sold for $3,768,334 ($1,250 per square foot) and the median condo or townhome for $500,000 ($581 per square foot). Against the same 90 days a year earlier that is +44.9% for single-family homes and +7.8% for condos. Homes on the market now are asking a median $5,592,500 (single-family) and $570,000 (condos and townhomes). Medians describe the middle of the market; a waterfront estate and a garden condo pull in opposite directions, which is why the two segments are reported separately.

Inventory and the Pace of Sales

1,944 homes and condos are for sale in Miami Beach today, 112 of them listed in the last seven days, and 205 are under contract. 107 sales closed in the last 30 days. Single-family homes carry 10.2 months of inventory and condos 16.6 months, which makes the single-family side a buyer's market: under four months favours sellers, over six favours buyers. Active single-family listings have been on the market 156 days on average, condos 176 days.

Single-Family Homes vs. Condos and Townhomes

The two halves of the Miami Beach market move differently. Single-family sellers achieved 91.9% of their asking price on the typical sale in the last 90 days after 157 days on market; condo and townhome sellers achieved 94.5% after 115 days. 52 single-family homes and 313 condos and townhomes closed in that window. Condo pricing also carries the building's fees, reserves and rental rules, so a low list price in an older tower is not the same deal as a low list price on a lot.

The Last Twelve Months

1,778 residential sales closed in Miami Beach over the last twelve months. The whole-market median sold price moved from $649,500 in Dec 2025 to $472,500 in Oct 2026, a change of -27.3%. The month-by-month table below shows closings, median price, price per square foot and days to sell; the current month is partial until it closes.

What These Figures Mean If You Are Selling in Miami Beach

The figures above describe all of Miami Beach. Your price comes from the closed sales that match your home: the same neighborhood, the same water or golf course position, the same age and condition. The sale to list ratio shows how far buyers are negotiating below asking, days on market shows how long a well priced home waits, and months of inventory shows whether buyers or sellers hold the leverage this season. Request the review below and a broker applies all three to your address before you decide on a price.

Investing in Miami Beach

Investors buy in Miami Beach for rental demand from year-round and winter residents, for older apartments and houses to renovate or rebuild, and for small income buildings in South Beach and North Beach. The rules decide what works. The city restricts short-term rentals, and whether a unit can be let by the night or the week depends on the zoning district and the building, so confirm both for the exact address before you count on that income. Most condominium associations also set minimum lease terms, limit how often a unit can be leased and approve tenants, and condo-hotel units come with their own rental programmes and financing limits. The Miami Beach rental pages show live rents, and the price-reduced page tracks sellers who have cut the price.

Follow the Miami Beach Market as It Moves

Leave your email on this page and BreakThru Realty sends you each new Miami Beach listing and price drop the day it reaches the MLS, with no account needed. Owners can request a review of what their own home is worth against these figures; buyers can ask for a showing or a search.

Thinking About Selling in Miami Beach?

The median Miami Beach single family home closed at $3,768,334 in the last 90 days and took 157 days to go under contract. Prices in your neighborhood may differ from the city average. Your buyer may already be looking. BreakThru Realty works with hundreds of prequalified buyers searching for properties. Enter your address and a licensed broker prepares your selling options from the closed sales nearest your home and checks it against the buyers on file.

  • A value range built from comparable Miami Beach sales, with the reasoning
  • Whether a buyer already working with BreakThru Realty is looking for a property like yours
  • The plan that reaches the rest of the market if no buyer on file fits
  • An estimate of your selling costs and what you would keep after closing
  • Your timing, privacy and goals, worked through before anything is listed

Find Out If We Have Your Buyer

Selling in Miami Beach?

See what your home is worth from recent Miami Beach sales, the days on market and today's buyer demand. See what my home would sell for.

Buying in Miami Beach?

Every home, condo and townhome for sale in Miami Beach, straight from the MLS and updated through the day. Find my Miami Beach home.

Investing in Miami Beach?

Multifamily, rental and value add property in Miami Beach, with the taxes, association fees and price history on every listing. Evaluate Miami Beach investments.

Miami Beach Housing Market FAQ

What is the median home price in Miami Beach?
Over the last 90 days the median sold price in Miami Beach was $3,768,334 for single-family homes and $500,000 for condos and townhomes, from BeachesMLS closings as of November 7, 2026. Homes for sale now are asking a median $5,592,500 and $570,000 respectively. These figures refresh daily on this page.
Is Miami Beach a buyer's market or a seller's market?
By months of inventory, the single-family side of Miami Beach is a buyer's market right now: 10.2 months of supply, with condos and townhomes at 16.6 months (buyer's market). Under four months of supply favours sellers, over six favours buyers, and the two segments often sit on different sides of that line in South Florida.
How long does it take to sell a home in Miami Beach?
Single-family homes that closed in Miami Beach in the last 90 days had been on the market 157 days on average, and condos and townhomes 115 days. Sellers achieved 91.9% of their asking price on the typical single-family sale and 94.5% on the typical condo sale. Well-priced homes go under contract in the first few weeks; the average is pulled up by listings that started too high.
Are home prices in Miami Beach going up or down?
Over the last twelve months the whole-market median sold price in Miami Beach moved from $649,500 (Dec 2025) to $472,500 (Oct 2026), -27.3%. Comparing the last 90 days with the same 90 days a year earlier, single-family medians are +44.9% and condo medians +7.8%. Monthly medians swing with the mix of homes that happened to close, so the direction over several months matters more than any one month.
Are condo prices in Miami Beach going up or down?
The median condo or townhome in Miami Beach closed at $500,000 in the last 90 days, up 7.8% against the same 90 days a year earlier, with 16.6 months of condo inventory on the market and 115 days on average to go under contract, from BeachesMLS closings as of November 7, 2026. A citywide condo median blends every building and line; what a particular condo is worth comes from the closings in its own building, its association fees and its reserve and inspection status.
What is the median rent in Miami Beach?
The median asking rent in Miami Beach is $3,450 a month across 1,690 active rentals: $8,500 for houses and townhomes and $3,400 for condos and apartments. The Miami Beach rentals hub carries the full rental market table, updated daily.
Where do these numbers come from?
Every figure is computed from BeachesMLS: active listings are counted as of the refresh date (November 7, 2026), sold figures cover closings in the last 90 days compared with the same 90 days a year earlier, and the monthly table buckets closed sales by closing date. Statistics refresh once a day and are cached; inventory over time comes from our own daily snapshots. Nothing on this page is typed by hand, and none of it is an appraisal. BreakThru Realty's market data methodology page explains every calculation, and broker of record Tyson E. Sam reviews the method and the written guidance in this report.

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