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Downtown Miami

Condos

Downtown Miami real estate market statistics — zip code 33132.

Latest data: May 2026

Questions?
Strong Buyer's Market

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

BuyerBalancedSeller

Active Listings

753

1.7%vs last month
View history ↗

Median Price

$480,000

4%sold
View history ↗

Sold Listings

34

10.5%vs last month
View history ↗

Months Supply

22.1

9.9%inventory
View history ↗

List → Sold

94.1%

price ratio
View history ↗

Days on Market

131

avg days
View history ↗
Notable Trends & Signals
Elevated Inventory

22.1 months supply

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

6-Month Price Trend

-6.6%

Median sold price moved from $514,000 to $480,000 over the past 6 months. Year-over-year: -3.5%.

Inventory Trend

-3.5%

Active listings down from 780 to 753 over 6 months. Relatively stable.

Time on Market

131 days avg

Average days on market increased by 17 days vs 6 months ago (was 114 days). Homes sitting longer — buyer hesitation.

Sales Momentum

-6.7%

3-month avg sales: 33 units/mo vs 35 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 →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
36 months

Active Listings

Median Sold Price

Months of Supply

Sold Listings

New Listings

Avg Days on Market

Beyond the Numbers

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