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Miami Beach Home Values and Market Report

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Report prepared by Savenowrealty.com Save Now Realty

Market at a glance

Over the last 12 months, homes sold for 91.5% of list price in 131 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $1.95M Sold · $1.8M
$3.1M$2.5M$1.9M$1.3M
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 203 sales in Apr. Last month: 113.

Where the market stands

All homes in this report, by status.

4,167homes
Active2,162 · 52%
Under contract154 · 4%
Sold (12 mo)1,851 · 44%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

14.2months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$2.65M
Under contract$4.88M
Sold$1.97M

Average days on market

Active126 days
Under contract170 days
Sold131 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 2,162
Average list price $2,654,577
Avg. days on market 126 days
Avg. price per ft² $1,079
Avg. living area 1,488 ft²
Avg. beds / baths 2.1 / 2.2

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

19 homes didn’t report living area and aren’t shown.

4 homes are larger or pricier than this chart’s scale and aren’t shown.

$30M$20M$10M$0

Price vs. living area: 227 homes plotted, up to $30M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

427 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

4760 N Bay Road$12,225
2312 Bay Avenue$9,054
1431 W 22nd Street$7,515
3681 Flamingo Drive$4,264
7083 Fisher Island Drive Unit 7083$4,200
6800 Fisher Island Drive Unit 6843$3,973
50 S Pointe Drive Unit 1805$3,922

All active listings (2,162)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
675 S Shore DriveMiami Beach, FL 33141 45—$5,900,000—0 days
1445 16th Street Unit 303Miami Beach, FL 33139 231,919$2,875,000$1,4980 days
400 S Pointe Drive Unit 2309Miami Beach, FL 33139 221,279$2,250,000$1,7590 days
1340 Lincoln Road Unit 401Miami Beach, FL 33139 11847$329,900$3890 days
618 Euclid Avenue Unit 303Miami Beach, FL 33139 12703$250,000$3550 days
1000 S Pointe Drive Unit 1107Miami Beach, FL 33139 331,390$3,300,000$2,3740 days
7712 Byron Avenue Unit 2Miami Beach, FL 33141 211,021$330,000$3230 days
2301 Collins Avenue Unit 634/635Miami Beach, FL 33139 231,640$3,200,000$1,9510 days
18555 Collins Avenue Unit 4604Miami Beach, FL 33160 353,130$4,980,000$1,5910 days
7800 Collins Avenue Unit 402Miami Beach, FL 33141 11720$389,000$5400 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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