Downtown condo market report — Jan 2026
Live inventory as of today; sales figures from closed MLS transactions.
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
| Month | New listings | Closed | Median sold | Median sold $/sf | Median DOM |
|---|---|---|---|---|---|
| Sep 2026 | 49 | 8 | $918K | $712/sqft | 51 |
| Aug 2026 | 143 | 25 | $540K | $576/sqft | 121 |
| Jul 2026 | 124 | 34 | $519K | $591/sqft | 63 |
| Jun 2026 | 95 | 36 | $605K | $569/sqft | 78 |
| May 2026 | 80 | 36 | $543K | $599/sqft | 76 |
| Apr 2026 | 87 | 34 | $495K | $749/sqft | 98 |
| Mar 2026 | 78 | 34 | $638K | $612/sqft | 94 |
| Feb 2026 | 71 | 26 | $588K | $646/sqft | 84 |
| Jan 2026 | 77 | 29 | $520K | $537/sqft | 79 |
| Dec 2025 | 63 | 52 | $503K | $592/sqft | 89 |
| Nov 2025 | 65 | 29 | $536K | $520/sqft | 62 |
| Oct 2025 | 53 | 34 | $590K | $578/sqft | 122 |
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Highest asking $/sqft





Biggest price cuts on the market
Active listings with the largest reductions from their original asking price.
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