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The Downtown Miami Market

Pol Realty · Hyperlocal Market Intelligence

The Downtown Miami Market

Live RPR® market analytics for buyers and sellers in Downtown Miami — Condos & Townhouses. Refreshed monthly, not the same chart every brokerage shows you.

Updated August 2026 · Source: Realtors Property Resource® (RPR®) · Condos & Townhouses

The market, right now
Median Sold Price
$585K
▲ 10.4% vs. last mo.
Median $/Sqft
$599
▲ 3.4% vs. last mo.
Homes Sold
57
▲ 40.0% vs. last mo.
Total $ Volume
$46.22M
▲ 42.9% vs. last mo.
Sold to List Price %
94.96%
▲ 0.5% vs. last mo.
Median Days on Market
95
▲ 23.4% vs. last mo.
Months of Supply
20.1
▲ 6.2% vs. last mo.
Median Sale Price · Trailing 24 Months
Condos & Townhouses · Downtown Miami
Sep '24Aug '26
Months of Supply · Trailing 24 Months
Condos & Townhouses · Downtown Miami
Sep '24Aug '26
Market Velocity · Buyer's Market
Seller’s (< 4 mo)Balanced (4–6 mo)Buyer’s (7+ mo)

What this means for you

With 20.1 months of supply, Downtown Miami is a buyer's market for condos and townhouses. Homes close at 94.96% of list in a median of 95 days. Inventory is plentiful and homes are taking longer to sell, giving buyers room to negotiate on price and terms. Sellers should prioritize presentation and pricing strategy to stand out.

Source: Realtors Property Resource® (RPR®) residential market trends — Condos & Townhouses, August 2026, trailing-24-month series, compiled September 2026 by Pol Realty. Information deemed reliable but not guaranteed and should be independently verified. Nothing here is financial advice.

Pol Realty · polrealty.com · hello@miami.polrealty.com
Dedicated to you. Committed to excellence.

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Properties

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  • Baths: 2
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  • Baths: 2
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