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Downtown Miami

Condos

Downtown Miami real estate market statistics — zip code 33132.

Latest data: Sep 2026

Questions?
Strong Buyer's Market

35.1 months supply — high inventory, sellers competing for buyers.

BuyerBalancedSeller

Active Listings

877

▲ 4.9%vs last month
View history ↗

Median Price

$480,000

▼ 11.1%sold
View history ↗

Sold Listings

25

▼ 21.9%vs last month
View history ↗

Months Supply

35.1

▲ 34.3%inventory
View history ↗

List → Sold

96.2%

price ratio
View history ↗

Days on Market

179

avg days
View history ↗
Notable Trends & Signals
Elevated Inventory

35.1 months supply

Over 9 months of supply indicates a buyer's market — more negotiating leverage for buyers.

6-Month Price Trend

-35.4%

Median sold price moved from $742,500 to $480,000 over the past 6 months. Year-over-year: -20.7%.

Inventory Trend

+12.0%

Active listings up from 783 to 877 over 6 months. Relatively stable.

Time on Market

179 days avg

Average days on market increased by 26 days vs 6 months ago (was 153 days). Homes sitting longer — buyer hesitation.

Sales Momentum

-13.1%

3-month avg sales: 31 units/mo vs 36 units/mo three months prior. Steady transaction volume.

Thinking of Selling in Downtown Miami?

Selling in Downtown Miami? See how to maximize your net proceeds →Rising inventory in Downtown Miami — what it means for your sale timing →Days on market trending up — here's what slow sales mean for absentee owners →HOA fees rising? Here's how special assessments affect your sale price →

Historical Trends

Period
40 months

Active Listings

Median Sold Price

Months of Supply

Sold Listings

New Listings

Avg Days on Market

Beyond the Numbers

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