# Miami Condo Data — Jan 2026

Miami condo market (Miami), Jan 2026: 410 closed sales at a median price of $560,000 and $535/sqft (report generated 2026-11-01).

## Press kit

- New construction made up 27.6% of the 1,193 condo sales recorded in Miami-Dade in January 2026, the highest share since February 2019.
- The median time to sell a condo in Miami has risen year over year for 15 consecutive months, reaching 87 days in January 2026 (+24.3% vs. a year earlier).
- The median condo price per square foot in Sunny Isles Beach fell 28.3% year over year to $356/sqft in January 2026, against −3.2% for Miami as a whole.

Cite as: Source: own.miami Data Room, January 2026, https://own.miami/data/2026-01

Download the data: [Headline figures (CSV)](https://own.miami/api/site/press/2026-01/summary.csv) · [By neighborhood (CSV)](https://own.miami/api/site/press/2026-01/neighborhoods.csv) · [Condo Index (CSV)](https://own.miami/api/site/press/2026-01/condo-index.csv) · [36-month trend (CSV)](https://own.miami/api/site/press/2026-01/trend.csv) · [Condo sales from deeds, monthly since 2012 (CSV)](https://own.miami/api/site/press/2026-01/deed-sales.csv) · [Who owns Miami-Dade condos, by tax-roll year since 2017 (CSV)](https://own.miami/api/site/press/2026-01/condo-ownership.csv) · [Condo and house prices from public records, by year (CSV)](https://own.miami/api/site/press/2026-01/public-record-prices.csv)

## Key facts

| | |
|---|---|
| Sales volume | $507.95M (-17.4% month over month, +25.3% year over year) |
| Closed sales | 410 (-21.6% month over month, +12.6% year over year) |
| Median sale price | $560,000 (-1.8% month over month, -3.4% year over year) |
| Median sold $/sqft | $535/sqft (-6.5% month over month, -3.2% year over year) |
| Median days on market | 87 |
| Price floor tracked | $450,000 |

## By neighborhood

| Neighborhood | Closed sales | Median sale price | Median sold $/sqft |
|---|---|---|---|
| South Beach | 70 | $547,500 | $685/sqft |
| Bal Harbour & Surfside | 25 | $884,000 | $727/sqft |
| Sunny Isles Beach | 44 | $382,500 | $356/sqft |
| Brickell | 60 | $577,500 | $581/sqft |
| Mid-Beach & North Beach | 53 | $375,000 | $447/sqft |
| Coconut Grove | 22 | $1,009,500 | $822/sqft |
| Aventura | 48 | $487,500 | $353/sqft |
| Edgewater | 36 | $638,000 | $530/sqft |
| Downtown | 29 | $520,000 | $537/sqft |
| Key Biscayne | 16 | $1,187,500 | $886/sqft |
| Fisher Island | 1 | $5,350,000 | $1,676/sqft |
| Midtown | 6 | $537,500 | $559/sqft |

_Based in part on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS® for the period November 1, 2023 through November 1, 2026._

## Every condo sale on record

The MLS only sees what a broker listed. Recorded deeds also count the developer closings in new towers and the resales that did not close through the MLS. Every condominium in Miami-Dade County, by the month the deed was recorded.

| | |
|---|---|
| Condo sales recorded · Jan 2026 | 1,193 (+33.6% year over year) |
| New construction | 329 · 27.6% of sales |
| Resales that closed through the MLS | 682 |
| Resales with no MLS closing | 182 · 21.1% of resales |

Last 12 months: 12,615 condo sales recorded, 34% more than the 9,403 MLS closings of legal condos (condominium units, condo townhouses and villas).

Building buyouts: 1 units this month, 477 in the last 12 months. Bulk sales: 0 units this month, 0 in the last 12 months. A buyout is a developer or investor buying out an older building, usually to end the condominium; a bulk sale is one buyer taking a block of units at once. Both are counted apart, never in the total.

### Condo sales on record since 2012

| Year | Sales | New construction | MLS closings | Deeds vs MLS |
|---|---|---|---|---|
| 2012 | 20,729 | 2,708 | n/a | n/a |
| 2013 | 21,685 | 1,157 | n/a | n/a |
| 2014 | 19,044 | 641 | n/a | n/a |
| 2015 | 20,736 | 2,400 | n/a | n/a |
| 2016 | 18,771 | 3,115 | n/a | n/a |
| 2017 | 17,882 | 3,125 | n/a | n/a |
| 2018 | 19,499 | 3,903 | n/a | n/a |
| 2019 | 17,761 | 2,745 | n/a | n/a |
| 2020 | 15,643 | 1,663 | 11,402 | +37% |
| 2021 | 27,923 | 1,434 | 22,277 | +25% |
| 2022 | 24,666 | 1,180 | 18,006 | +37% |
| 2023 | 15,591 | 977 | 12,154 | +28% |
| 2024 | 14,192 | 1,506 | 10,640 | +33% |
| 2025 | 12,308 | 1,109 | 9,402 | +31% |
| 2026 to date (1 months) | 1,193 | 329 | 654 | n/a |

Monthly, by the month the deed was recorded. Building buyouts and bulk sales are left out. The resale split starts in December 2019: the countywide MLS closing history begins in mid-October 2019 and deeds are recorded weeks after closing, so December is the first month every deed can be matched. The line is MLS closings of legal condos (condominium units, condo townhouses and villas) by closing month.

Countywide only. The tracked neighborhoods above hold a minority of Miami-Dade’s condos, so deed counts are not split by neighborhood and do not compare with the MLS figures above.

Sources: Miami-Dade Clerk of the Court official records (deeds), Miami-Dade County Property Appraiser, MIAMI REALTORS® MLS. https://own.miami/methodology#deed-sales

_Based in part on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS® for the period December 1, 2019 through January 31, 2026._

## Condo months of supply since 2013

Estimated months of supply of condos listed for sale in Miami-Dade, month by month. Jan 2026: 15.6 months.

Condo listings for sale divided by the average monthly condo sales of the last 12 months. MLS-listed inventory only: developer units sold off-plan and never listed are not in it. Estimated, see methodology: https://own.miami/methodology#months-supply-history

## Who owns Miami-Dade condos

As of January 1, 2025, 37.1% of Miami-Dade condo units were their owner’s primary residence and 25.4% were owned by a company or trust, compared with 21.9% in 2017.

| January 1 | Condo units | Homestead | Company or trust | Bill to another US state | Bill abroad |
|---|---|---|---|---|---|
| 2017 | 355,075 | 35.7% | 21.9% | 7% | 1.9% |
| 2018 | 358,427 | 35.7% | 22.6% | 6.9% | 1.9% |
| 2019 | 363,857 | 35.5% | 23.4% | 6.8% | 1.8% |
| 2020 | 368,352 | 35.6% | 23.9% | 6.6% | 1.7% |
| 2021 | 370,939 | 35.9% | 23.7% | 6.6% | 1.6% |
| 2022 | 378,118 | 35.9% | 24% | 6.9% | 1.6% |
| 2023 | 382,067 | 36.4% | 24.5% | 6.9% | 1.5% |
| 2024 | 384,104 | 36.9% | 24.9% | 6.8% | 1.5% |
| 2025 | 387,129 | 37.1% | 25.4% | 6.7% | 1.5% |

Every condo unit on the state’s tax roll for Miami-Dade, as of January 1 of each year. Homestead means the owner claims the unit as a permanent Florida residence. Where the tax bill is mailed undercounts foreign owners: many have their bills sent to a manager or lawyer in Miami. Source: Florida Department of Revenue tax rolls, see methodology: https://own.miami/methodology#condo-ownership

## Condos and houses: prices from public records

In 2024, condo resales recorded in Miami-Dade sold for a median $398 per square foot, against $359 for single-family houses.

| Year | Condo resales (deeds): Resales | Condo resales (deeds): Median $/sq ft | Single-family houses (state records): Sales | Single-family houses (state records): Median price | Single-family houses (state records): Median $/sq ft |
|---|---|---|---|---|---|
| 2012 | 17,690 | $165 |  |  |  |
| 2013 | 20,106 | $195 |  |  |  |
| 2014 | 16,519 | $212 |  |  |  |
| 2015 | 15,523 | $217 |  |  |  |
| 2016 | 10,679 | $221 | 14,583 | $317,000 | $164 |
| 2017 | 8,458 | $228 | 16,121 | $331,000 | $176 |
| 2018 | 8,318 | $244 | 16,284 | $350,000 | $189 |
| 2019 | 7,769 | $243 | 15,955 | $365,000 | $199 |
| 2020 | 7,150 | $254 | 16,616 | $400,000 | $215 |
| 2021 | 18,801 | $317 | 20,201 | $475,000 | $259 |
| 2022 | 21,563 | $380 | 15,650 | $550,000 | $301 |
| 2023 | 14,151 | $394 | 12,642 | $600,000 | $327 |
| 2024 | 12,188 | $398 | 12,736 | $650,000 | $359 |
| 2025 | 10,745 | $391 |  |  |  |
| 2026 (to date) | 9,377 | $390 |  |  |  |

Houses are the state’s qualified single-family sales and stop at the last full year its file covers (through Aug 2025). Condo prices per square foot use our recorded-deed resales with each unit’s living area from the state roll. Sources and method: https://own.miami/methodology#public-record-prices

This data is free to cite and republish with attribution to Own.Miami (own.miami). Machine-readable JSON: https://own.miami/api/site/press/2026-01

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Source: Own.Miami — https://own.miami · data as of 2026-11-01
Canonical page: https://own.miami/data/2026-01
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai