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South Miami

Single Family

South Miami residential real estate market statistics.

Latest data: Jun 2026

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Seller's Market

4.5 months supply — inventory below equilibrium. Sellers hold pricing leverage.

BuyerBalancedSeller

Active Listings

36

10%vs last month
View history ↗

Median Price

$1,762,500

91.1%sold
View history ↗

Sold Listings

8

33.3%vs last month
View history ↗

Months Supply

4.5

35%inventory
View history ↗

List → Sold

97.0%

price ratio
View history ↗

Days on Market

38

avg days
View history ↗
Notable Trends & Signals
Balanced Market

4.5 months supply

3–6 months supply is historically balanced — neither buyers nor sellers hold a clear edge.

6-Month Price Trend

+74.5%

Median sold price moved from $1,010,000 to $1,762,500 over the past 6 months. Year-over-year: +53.3%.

Inventory Trend

+0.0%

Active listings up from 36 to 36 over 6 months. Relatively stable.

Time on Market

38 days avg

Average days on market decreased by 31 days vs 6 months ago (was 69 days). Faster sales pace — strong demand.

Sales Momentum

+33.3%

3-month avg sales: 9 units/mo vs 7 units/mo three months prior. Accelerating sales volume.

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Historical Trends

Period
37 months

Active Listings

Median Sold Price

Months of Supply

Sold Listings

New Listings

Avg Days on Market

Beyond the Numbers

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