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Downtown Miami

Condos

Downtown Miami real estate market statistics — zip code 33132.

Latest data: Apr 2026

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Strong Buyer's Market

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

BuyerBalancedSeller

Active Listings

766

2.2%vs last month
View history ↗

Median Price

$500,000

32.7%sold
View history ↗

Sold Listings

38

vs last month
View history ↗

Months Supply

20.2

33.1%inventory
View history ↗

List → Sold

94.7%

price ratio
View history ↗

Days on Market

155

avg days
View history ↗
Notable Trends & Signals
Elevated Inventory

20.2 months supply

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

6-Month Price Trend

+10.5%

Median sold price moved from $452,500 to $500,000 over the past 6 months. Year-over-year: +8.7%.

Inventory Trend

+0.9%

Active listings up from 759 to 766 over 6 months. Relatively stable.

Time on Market

155 days avg

Average days on market increased by 34 days vs 6 months ago (was 121 days). Homes sitting longer — buyer hesitation.

Sales Momentum

-17.1%

3-month avg sales: 31 units/mo vs 37 units/mo three months prior. Slowing transaction pace.

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
35 months

Active Listings

Median Sold Price

Months of Supply

Sold Listings

New Listings

Avg Days on Market

Beyond the Numbers

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