South Beach condo market report — Jan 2026

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

Active listings
882
105 pending
Median asking
$495K
Median asking $/sqft
$681/sqft
+52% sold $/sf vs last year
Sold, last 12 months
977
$600/sqft median

January 2026 in South Beach

138 condos came to market in South Beach during January 2026.

Closed sales

70 condo sales closed in January 2026 at a median price of $547,500 ($685 per square foot), after a median 80 days on market.

That compares with 74 closings in December 2025, when the median closed price per square foot was $604.

Year over year, closed prices per square foot are up 16.2% from $589 in January 2025.

The trailing year

Over the 12 months ending January 2026, South Beach recorded 385 condo closings — an average of 32 a month — with the busiest month being October 2025 at 88 sales.

Monthly median closed prices ranged from $437 to $805 per square foot over that span.

Buildings with the most closings in January 2026

Where to look next

Browse every condo for sale in South Beach, 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

$455$631$806Oct 2024Feb 2025Jun 2025Oct 2025Feb 2026Jun 2026
MonthNew listingsClosedMedian soldMedian sold $/sfMedian DOM
Sep 20266922$692K$822/sqft76
Aug 202617057$555K$583/sqft96
Jul 202612987$430K$570/sqft64
Jun 202612896$374K$546/sqft88
May 202612686$480K$594/sqft110
Apr 2026123120$611K$682/sqft60
Mar 2026128105$465K$619/sqft72
Feb 202613172$655K$725/sqft86
Jan 202613870$548K$685/sqft80
Dec 202510975$525K$604/sqft87
Nov 202511161$455K$582/sqft82
Oct 20259889$380K$514/sqft92

Biggest price cuts on the market

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

Looking for a specific tower? Browse every South Beach building.