Downtown condo market report — Sep 2025

Live inventory as of today; sales figures from closed MLS transactions.

Active listings
788
38 pending
Median asking
$620K
Median asking $/sqft
$726/sqft
+23% sold $/sf vs last year
Sold, last 12 months
401
$580/sqft median

September 2025 in Downtown

46 condos came to market in Downtown during September 2025.

Closed sales

34 condo sales closed in September 2025 at a median price of $645,000 ($578 per square foot), after a median 80 days on market.

That compares with 31 closings in August 2025, when the median closed price per square foot was $590.

Year over year, closed prices per square foot are down 8.4% from $632 in September 2024.

The trailing year

Over the 12 months ending September 2025, Downtown recorded 406 condo closings — an average of 34 a month — with the busiest month being March 2025 at 49 sales.

Monthly median closed prices ranged from $519 to $656 per square foot over that span.

Buildings with the most closings in September 2025

Where to look next

Browse every condo for sale in Downtown, set up a price-drop alert, or compare buildings side by side. All figures are Own Miami calculations from MIAMI REALTORS® MLS data.

Sold $/sqft and closings, 24 months

$509$591$674Oct 2024Feb 2025Jun 2025Oct 2025Feb 2026Jun 2026
MonthNew listingsClosedMedian soldMedian sold $/sfMedian DOM
Sep 2026498$918K$712/sqft51
Aug 202614325$540K$576/sqft121
Jul 202612434$519K$591/sqft63
Jun 20269536$605K$569/sqft78
May 20268036$543K$599/sqft76
Apr 20268734$495K$749/sqft98
Mar 20267834$638K$612/sqft94
Feb 20267126$588K$646/sqft84
Jan 20267729$520K$537/sqft79
Dec 20256352$503K$592/sqft89
Nov 20256529$536K$520/sqft62
Oct 20255334$590K$578/sqft122

Biggest price cuts on the market

Active listings with the largest reductions from their original asking price.

Looking for a specific tower? Browse every Downtown building.