Single-Family Homes
Sun Sep 13 2026
This week the median list price for Miami Beach, FL is $5,199,500 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has decreased to 148.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Home sales have begun exceeding new inventory. While still a Buyer’s market, prices seem to have already started to respond. If the trend continues, expect prices to keep marching upward.
| Median List Price | $5,199,500 | |
| Median Price of New Listings | $4,850,000 | |
| Per Square Foot | $1,545 | |
| Average Days on Market | 280 | |
| Median Days on Market | 186 | |
| Price Decreased | 17% | |
| Price Increased | 2% | |
| Relisted | 6% | |
| Inventory | 148 | |
| Median Rent | ||
| Market Action | 28 | |
| Slight Buyer's Advantage | ||
While this week the median price didn’t fluctuate much, we are relatively close to the market’s high price point and have had an upward price trend over the last few weeks. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $22,500,000 | 5,768 | 0.25 - 0.5 acre | 6 | 6.5 | 8 | 0 | 0 | 273 |
| $6,950,000 | 3,994 | 0.25 - 0.5 acre | 5 | 4.5 | 73 | 1 | 2 | 161 |
| $3,900,000 | 3,012 | 8,000 - 10,000 sqft | 4 | 3.5 | 76 | 1 | 2 | 140 |
| $1,657,000 | 2,017 | 6,500 - 8,000 sqft | 3 | 3 | 86 | 1 | 5 | 168 |