Ines Hegedus-Garcia

Miami, FL 33138

Single-Family Homes

Miamism Sales Team



Miami, FL 33138

Thu Mar 27 2025
This week the median list price for Miami, FL 33138 is $1,799,500 with the market action index hovering around 29. This is an increase over last month's market action index of 28. Inventory has increased to 84. Click here to stay informed with the Miami 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, FL 33138

Thu Mar 27 2025
This week the median list price for Miami, FL 33138 is $1,799,500 with the market action index hovering around 29. This is an increase over last month's market action index of 28. Inventory has increased to 84. Click here to stay informed with the Miami 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 market.
Median List Price $1,799,500
Median Price of New Listings $1,685,000
Per Square Foot $883
Average Days on Market 168
Median Days on Market 98
Price Decreased 40%
Price Increased 0%
Relisted 13%
Inventory 84
Median Rent
Market Action 29
Slight Buyer's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$6,900,000 4,665 0.25 - 0.5 acre 5 5 18 1 1 140
$2,495,000 2,368 6,500 - 8,000 sqft 4 3.3 73 1 2 126
$1,539,000 1,896 6,500 - 8,000 sqft 3 2 84 3 1 42
$785,000 1,413 4,500 - 6,500 sqft 3 2 86 1 3 91