# South Beach condo market report — Oct 2026

South Beach, Oct 2026: 956 condos closed in the last 12 months (+7.8% year over year) at a median price of $490,000 (+1.0%) and $615/sqft; 899 units are for sale, 11.3 months of supply (as of 2026-11-01).

## Key facts

| | |
|---|---|
| Sales window | 2025-11-01 → 2026-10-31 |
| Closed sales | 956 (+7.8% year over year) |
| Sales volume | $1.26B (+24.1% year over year) |
| Median sale price | $490,000 (+1.0% year over year) |
| Median sold $/sqft | $615/sqft (+1.5% year over year) |
| Median days on market | 82 |
| Median sale-to-original-ask | 92.0% |
| For sale | 899 |
| Pending | 96 |
| New listings, 30 days | 144 |
| Months of inventory | 11.3 (a buyer's market) |
| own.miami Market Index | 32/100 (Buyer's market; High confidence; As of 2026-11-01) |
| Listings with a price cut | 35% (median cut 6.0%) |
| Median HOA | $984/mo |
| Waterfront $/sqft premium | +83.8% |

## Monthly figures (last 12 months)

| Month | Closed sales | Median sale price | Median sold $/sqft | Active |
|---|---|---|---|---|
| 2025-11 | 61 | $455,000 | $582/sqft | — |
| 2025-12 | 76 | $522,500 | $589/sqft | — |
| 2026-01 | 70 | $547,500 | $685/sqft | — |
| 2026-02 | 72 | $655,000 | $740/sqft | — |
| 2026-03 | 105 | $465,000 | $623/sqft | — |
| 2026-04 | 122 | $610,500 | $679/sqft | — |
| 2026-05 | 86 | $480,000 | $594/sqft | — |
| 2026-06 | 98 | $374,000 | $546/sqft | — |
| 2026-07 | 87 | $430,000 | $574/sqft | — |
| 2026-08 | 59 | $555,000 | $583/sqft | 411 |
| 2026-09 | 66 | $529,250 | $672/sqft | 906 |
| 2026-10 | 54 | $444,500 | $640/sqft | 932 |

## Most active buildings (closed sales, 12 months)

- Five Park: 34 sold in 12 months, $1,779/sqft
- The Decoplage: 28 sold in 12 months, $686/sqft
- 1100 West (Mondrian South Beach): 25 sold in 12 months, $585/sqft
- Mirador 1000: 25 sold in 12 months, $563/sqft
- Continuum On South Beach: 22 sold in 12 months, $2,794/sqft
- Yacht Club At Portofino: 21 sold in 12 months, $1,047/sqft

## Related pages

- [South Beach](https://own.miami/south-beach)
- [Financeability](https://own.miami/south-beach/financeability)

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

---

Source: Own.Miami — https://own.miami · data as of 2026-11-01
Canonical page: https://own.miami/south-beach/market-report
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