Miami condo market data

Miami Condo Data

A monthly, citable snapshot of the Miami condominium market — sales volume, prices, and building-inspection pressure across the neighborhoods own.miami tracks.

For Nov 2025Every condo sale across 12 tracked Miami neighborhoods.
Neighborhood
Condo sales volume
$432.4M
−5.1% vs. prior month
Closed sales
361
−25.1% vs. prior month
Median sale price
$565K
+2.7% vs. prior month
Median price / sq ft
$556/sqft
+5.9% vs. prior month
Median days on market
89
Active inventory
7,613
Months of supply
26.8

Source: Own Miami — https://own.miami/data

Market movers

Standout activity this month across the condos we track — free to quote.

Year to date

Through Nov 2025
Condo sales volume
$3.66B
Closed sales
3,163
Median sale price
$615K
Median price / sq ft
$585/sqft

Median sold price per sq ft — trailing 36 months

$532$594$656Dec 2023Apr 2024Aug 2024Dec 2024Apr 2025Aug 2025

Source: Own Miami — https://own.miami/data

own.miami Condo Index

Our proprietary index scores every condo building on price, momentum and liquidity — 100 = the market-median building. Median tracked building: 100.

BuildingNeighborhoodIndexMomentum$/sq ft
The Surf ClubBal Harbour & Surfside159-15$3,931/sqft
Palazzo della LunaFisher Island1590$4,006/sqft
Continuum On South BeachSouth Beach159-7$3,981/sqft
57 OceanMid-Beach & North Beach159+96$3,815/sqft
Altos del Mar 5Bal Harbour & Surfside158+39$3,753/sqft
Ocean HouseSouth Beach1580$3,581/sqft
Eighty Seven ParkMid-Beach & North Beach158+99$3,434/sqft
Faena HouseMid-Beach & North Beach158+61$3,686/sqft

Building health

Estimated financial + structural health across tracked towers, from the own.miami Building Score and Florida SB-4D age signals.

Clear · 249 Watch · 142 Elevated · 416Median health score: 90

Buildings facing structural milestone inspections

171 of 807 tracked condo towers hit a Florida SB-4D inspection milestone within 2 years — 25 facing a first 25-year inspection and 146 due for a recurring 10-year review.

Tracked towers by decade built
Before 1980
225
1980s
73
1990s
111
2000s
192
2010s
108
2020s
94
2030s
4

A milestone is a mandated inspection deadline set by a building’s age — not a finding that a building is unsafe. Estimate from public building age under Florida SB-4D (coastal Miami: first milestone at 25 years, then every 10). Not an inspection record — verify any specific building with its association.

By neighborhood

NeighborhoodSales volumeClosedMedian price$/sq ftMoM
$99.71M58$845K$578/sqft+12.3%
$86.86M61$455K$582/sqft+3.8%
$51.6M50$548K$498/sqft+29.3%
$46.02M44$783K$662/sqft−21.6%
$43.17M17$860K$575/sqft+116.6%
$27.04M48$345K$289/sqft−38.1%
$23.5M28$558K$580/sqft−14.1%
$17.27M29$536K$520/sqft−45.7%
$16.93M12$1.35M$836/sqft−58.7%
$12.12M6$2.02M$944/sqft−31.8%
$4.3M1$4.3M$1,567/sqft
$3.87M7$470K$611/sqft+23.5%
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For journalists

Figures are compiled from Miami MLS closed-sale records for condominiums at every price across the 12 neighborhoods own.miami tracks (listings on own.miami itself start at $450K). Sales volume is the sum of closed sale prices in the reference month; medians are computed per closed sale. Milestone-inspection counts are estimated from public building age under Florida SB-4D.

This data is free to cite and republish with attribution to Own.Miami (own.miami).

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Updated Nov 2025 · Source: Own Miami — https://own.miami/data