Ines Hegedus-Garcia
Miami Shores, FL
Single-Family Homes
Miamism Sales Team
Miami Shores, FL
Thu Nov 05 2026
This week the median list price for Miami Shores, FL is $2,150,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has decreased to 46.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.
Real-Time Market Profile
| Median List Price | $2,150,000 | |
| Median Price of New Listings | $895,000 | |
| Per Square Foot | $820 | |
| Average Days on Market | 184 | |
| Median Days on Market | 67 | |
| Price Decreased | 33% | |
| Price Increased | 0% | |
| Relisted | 9% | |
| Inventory | 46 | |
| Median Rent | ||
| Market Action | 35 | |
| Slight Seller's Advantage | ||
While this week the median didn’t fluctuate much, we are relatively close to the market’s price high-point. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.
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 |
|---|---|---|---|---|---|---|---|---|
| $3,999,499 | 3,312 | 0.25 - 0.5 acre | 5 | 4.8 | 37 | 0 | 0 | 122 |
| $2,390,000 | 3,008 | 0.25 - 0.5 acre | 3 | 3 | 75 | 0 | 0 | 231 |
| $1,362,000 | 2,078 | 8,000 - 10,000 sqft | 3 | 2.3 | 84 | 0 | 1 | 45 |
| $950,000 | 1,504 | 8,000 - 10,000 sqft | 3 | 2 | 77 | 1 | 0 | 28 |