Downtown condo market report — Jan 2026

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

January 2026 in Downtown

77 condos came to market in Downtown during January 2026.

Closed sales

29 condo sales closed in January 2026 at a median price of $520,000 ($537 per square foot), after a median 79 days on market.

That compares with 52 closings in December 2025, when the median closed price per square foot was $592.

Year over year, closed prices per square foot are down 9.2% from $591 in January 2025.

The trailing year

Over the 12 months ending January 2026, Downtown recorded 424 condo closings — an average of 35 a month — with the busiest month being December 2025 at 52 sales.

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

Buildings with the most closings in January 2026

  • Mint at Riverfront — 4 closings at a median $602,500 ($548/sq ft)
  • Centro — 4 closings at a median $346,500 ($528/sq ft)
  • The Elser — 3 closings at a median $450,000 ($1,016/sq ft)
  • Vizcayne — 3 closings at a median $335,000 ($343/sq ft)
  • One Miami East — 2 closings at a median $550,000 ($524/sq ft)

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.