Weekly Market Reports

Miami Beach, FL

Single-Family Homes

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Miami Beach, FL

Thu Jul 30 2026
This week the median list price for Miami Beach, FL is $4,999,000 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 169. Click here to stay informed with the Miami Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Miami Beach, FL

Thu Jul 30 2026
This week the median list price for Miami Beach, FL is $4,999,000 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 169. Click here to stay informed with the Miami Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Miami Beach market.
Median List Price $4,999,000
Median Price of New Listings $10,000,000
Per Square Foot $1,490
Average Days on Market 253
Median Days on Market 168
Price Decreased 28%
Price Increased 2%
Relisted 7%
Inventory 169
Median Rent
Market Action 28
Slight Buyer's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$20,000,000 5,406 0.25 - 0.5 acre 5 6.5 9 2 4 168
$6,647,500 3,851 0.25 - 0.5 acre 5 4.5 52 0 2 150
$3,545,000 2,862 8,000 - 10,000 sqft 4 3.5 76 1 2 157
$1,299,500 1,858 4,500 - 6,500 sqft 3 2.5 86 1 3 189