Miami, FL Real Estate Market Summary – September 7, 2026
In the Miami real estate market, a total of 601 properties were sold in the last month, indicating consistent activity with an average of 20 sales per day. The average living area for these homes was approximately 1,656 square feet, and the median sale price reached $610,000.
| Metric | 30 Days |
|---|---|
| Number Sold | 601 |
| Sold Per Day | 20.03 |
| Average SQFT | 1656 |
| Median Sales Price | $610,000 |
| Average Sales Price | $899,063 |
| Average Price Per SQFT | $497 |
| Average Days on Market | 17 |
| Average Year Built | 1984 |
Miami, FL Single Family Home Analysis
For single-family homes, there were 283 properties sold, with an average sale price of $1,097,757 and a median sale price of $725,000. The average living area in this segment was about 2,009 square feet, with properties generally available for about 17 days before being sold.
| Metric | 30 Days |
|---|---|
| Number Sold | 283 |
| Sold Per Day | 9.43 |
| Average SQFT | 2009 |
| Median Sales Price | $725,000 |
| Average Sales Price | $1,097,757 |
| Average Price Per SQFT | $510 |
| Average Days on Market | 17 |
| Average Year Built | 1974 |
Miami, FL Condo & Townhome Analysis
In the condo and townhome market, a total of 282 units were sold, averaging $705,406, while the median price stood at $450,000. The average living area was around 1,210 square feet, and days on the market averaged just over 17 days before sale.
| Metric | 30 Days |
|---|---|
| Number Sold | 282 |
| Sold Per Day | 9.40 |
| Average SQFT | 1210 |
| Median Sales Price | $450,000 |
| Average Sales Price | $705,406 |
| Average Price Per SQFT | $500 |
| Average Days on Market | 17 |
| Average Year Built | 1997 |
Buyer & Seller Analysis
- 20.03 properties sold per day across all segments.
- Average days on market stood at 17 days.
- Median sale price for all homes is $610,000.
- Market activity remains consistent with no change in pace.
Conclusion
Overall, the Miami real estate market shows stable activity with competitive prices across different segments. The data indicate a robust interest in both single-family homes and condo/townhome properties.