Downtown condo market report — May 2026

May 2026 in Downtown

80 condos came to market in Downtown during May 2026.

Closed sales

36 condo sales closed in May 2026 at a median price of $542,500 ($599 per square foot), after a median 76 days on market.

That compares with 34 closings in April 2026, when the median closed price per square foot was $749.

Year over year, closed prices per square foot are down 8.6% from $656 in May 2025.

The trailing year

Over the 12 months ending May 2026, Downtown recorded 403 condo closings — an average of 34 a month — with the busiest month being December 2025 at 52 sales.

Monthly median closed prices ranged from $520 to $749 per square foot over that span.

Buildings with the most closings in May 2026

• Natiivo Miami — 4 closings at a median $603,750 ($832/sq ft)
• Vizcayne — 4 closings at a median $376,000 ($467/sq ft)
• Centro — 4 closings at a median $330,975 ($613/sq ft)
• Ivy at Riverfront — 4 closings at a median $535,550 ($486/sq ft)
• Aston Martin Residences — 3 closings at a median $2,300,000 ($1,365/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.