- Condominiums
- Aventura
- Admirals Port
- Alaqua
- Artech
- Atlantic at the Point (3)
- Atrium
- Aventi
- Aventura Isles
- Aventura Marina
- Aventura ParkSquare
- Delvista Towers
- Del Prado
- EastSide at Aventura
- Echo Aventura
- Eldorado Towers
- Hamptons South
- Hamptons West
- Hidden Bay
- Landmark
- Marina Palms
- Marina Tower
- Mystic Pointe (6)
- One Island Place
- Parc Central
- Peninsula
- Peninsula Two
- Porto Vita
- Portsview at Waterway
- Terraces at Turnberry
- The Harbour
- The Parc at Turnberry
- The Point (2)
- Turnberry Isle
- Turnberry on the Green
- Turnberry Towers
- Turnberry Village
- Uptown Marina Lofts
- Venture
- Yacht Club at Aventura
- Bal Harbour
- Bay Harbor Islands
- Boca Raton
- 200 EAST
- 5 PALMS
- Addison on the Ocean
- Akoya Boca West
- Alina Residences
- Boca Grand
- Carlton
- Luxuria
- Mandarin Oriental Boca
- Marbella
- Meridian
- Mizner Court
- Mizner Grand
- Mizner Tower
- Ocean Reef Towers
- Ocean Towers
- One Thousand Ocean
- Palmetto Place
- Royal Palm Residences
- Sabal Point
- Sea Ranch Club
- Stratford Arms
- Three Thousand
- Tower 155
- Townsend Place
- Brickell
- 1010 Brickell
- 1060 Brickell
- 1100 Millecento
- 500 Brickell
- Axis on Brickell
- Brickell City Centre (2)
- Brickell Flatiron
- Brickell Heights (2)
- Brickell House
- Brickell on the River (2)
- Bristol Tower
- Club at Brickell
- Echo Brickell
- Emerald at Brickell
- Flatiron Brickell
- Four Seasons
- Icon Brickell (3)
- Infinity at Brickell
- Jade Residences
- Latitude on the River
- Mark on Brickell
- My Brickell
- NINE at Mary Brickell
- Palace on Brickell
- Panorama Tower
- Sail on Brickell
- Santa Maria
- Skyline on Brickell
- SLS Brickell
- SLS LUX
- Solaris
- The Bond
- The Plaza on Brickell (2)
- UNA Residences
- Villa Regina
- Brickell Key
- Coconut Grove
- Coral Gables
- Downtown Miami
- Edgewater
- 1800 Biscayne Plaza
- 1800 Club
- 23 Biscayne Bay
- 26 Edgewater
- Aria on the Bay
- Bay House
- Biscayne Beach
- Blue on the Bay
- Canvas
- Cite
- City 24
- Elysee Miami
- Gallery Art
- Icon Bay
- Missoni Baia
- Onyx on the Bay
- Opera Tower
- Paraiso District (4)
- Paramount Bay
- Platinum
- Quadro
- Quantum on the Bay
- Star Lofts
- The Grand
- Watermarc Biscayne Bay
- Fisher Island
- Fort Lauderdale Beach
- AquaBlu
- Atlantic Hotel Condo
- Auberge Beach Residences
- Coconut Grove Residences
- Gale Residences
- Jackson Tower
- L`Ambiance Beach
- Las Olas Beach Club
- L`Hermitage
- Le Club International
- Ocean Resort Residences
- Ocean Riviera
- Paramount Fort Lauderdale
- Port Condo
- Ritz Carlton Fort Lauderdale
- Riva
- Royal Ambassador
- Sapphire Fort Lauderdale
- Shore Club Towers
- Southpoint
- The Palms
- Tides at Bridgestone Square
- Vantage View
- Vue Residences
- W Fort Lauderdale
- Hallandale Beach
- Hollywood Beach
- Key Biscayne
- Las Olas
- Miami Beach
- 57 Ocean
- Akoya
- Aquasol
- Arlen Beach
- Bath Club
- Bel Aire on the Ocean
- Blue and Green Diamond (2)
- Caribbean
- Carriage Club
- Carriage House
- Carillon Miami Beach
- Castle Beach Club
- Club Atlantis
- Edition Residences
- Eden House
- Faena House
- Fifty Six-Sixty Collins
- Fontainbleau Sorrento
- Fontainbleau Tresor
- Grand View
- Imperial House
- La Gorce Palace
- L`Excellence
- Maison Grande
- Mar del Plata
- MEi Miami Beach
- Mirasol Ocean Towers
- Monaco Residences
- Mosaic
- Oceanside Plaza
- Pavilion
- Peloro
- Ritz Carlton Miami Beach
- Seacoast 5151
- Seacoast 5700
- Terra Beachside
- The Alexander
- Triton Tower
- 5600 Collins
- Midtown/Wynwood
- North Bay Village
- South Beach
- 1500 Ocean Drive
- 1 Hotel & Homes
- 321 OCEAN
- Apogee
- Bentley Bay
- Capri South Beach
- Continuum South
- Continuum North
- Cosmopolitan
- Flamingo South Beach
- Floridian
- Icon South Beach
- il Villagio
- Marea
- Monad Terrace
- Mondrian South Beach
- Murano At Portofino
- Murano Grande
- Ocean House
- One Ocean
- Portofino Tower
- Roney Palace
- Setai
- South Bay Club
- South Pointe Tower
- Sunset Harbour
- Waverly South Beach
- W South Beach
- Yacht Club
- Sunny Isles Beach
- 400 Sunny Isles
- Acqualina
- Arlen House (3)
- Armani Tower
- Chateau Beach
- Estates at Acqualina
- Jade Beach
- Jade Ocean
- Jade Signature
- King David
- La Perla
- Mansions at Acqualina
- Marenas Resort
- Millennium
- Muse Residences
- Ocean One
- Ocean Two
- Ocean Three
- Ocean Four
- Oceania (5)
- Ocean Reserve
- Ocean View (2)
- Parque Towers
- Pinnacle
- Porsche Design Tower
- Porto Bellagio
- Regalia
- Ritz Carlton Residences
- Sands Pointe
- Sayan
- Sole on the Ocean
- St Tropez
- Trump International
- Trump Palace
- Trump Royale
- Trump Towers (3)
- Turnberry Ocean Club
- Turnberry Ocean Colony
- Winston Towers (7)
- Surfside
- West Palm Beach
- Williams Island
- Aventura
- Single Family Homes
- New Developments
- 1428 Brickell
- 160 Marina Bay
- 2200 Brickell
- 501 First Residences
- 600 Miami WorldCenter
- 72 Park Miami Beach
- Alana Bay Harbor
- Alba Palm Beach
- Aria Reserve
- Aston Martin Residences
- Aurora
- Baccarat Residences
- Bay Harbor Towers
- Bentley Residences
- Casa Bella Residences
- Cipriani Residences
- Continuum
- Cove Miami
- Diesel Wynwood
- Domus Flats
- E11EVEN Beyond
- E11EVEN Residences
- Edge House
- EDITION Residences
- ELLA Miami Beach
- Five Park
- Gale Miami Residences
- HUB Miami Residences
- Icon Beach Hollywood
- JEM Residences
- La Baia
- La Mare Regency
- La Mare Signature
- Legacy Residences Miami
- Lofty Brickell
- Lotus Edge
- Mandarin Oriental Miami
- Mercedes-Benz Places
- Missoni Baia
- Mr C Residences
- Natiivo by Airbnb
- Natiivo Fort Lauderdale
- NEXO Residences
- NoMad Wynwood
- Oasis Hallandale
- Okan Tower
- Onda Residences
- One Park Tower
- ORA by Casa Tua
- Origin Residences
- Pagani Residences
- Palma Miami Beach
- Perigon Miami Beach
- Ritz Carlton Pompano
- Rivage Bal Harbour
- River District 14
- Sage Fort Lauderdale
- Selene Fort Lauderdale
- Shell Bay Residences
- Shoma Bay
- Sixth & Rio
- Smart Brickell Luxe
- St Regis Miami
- St Regis Sunny Isles
- Surf Row Residences
- The Crosby
- The Standard Residences
- The Well
- Vida Residences
- Villa Miami
- Village Coral Gables
- Vita at Grove Isle
- Waldorf Astoria Miami
- West Eleventh
- Commercial
Miami Luxury Condo Price Index
The easy-to-use Miami Residence Realty index gives you an informational high-level look at the Miami market over time from February 2006 through present. Data is presented clearly in real time for use by savvy property buyers and investors. Use this information to assess changes in the value of luxury condos over time and make smarter purchasing decisions.
Luxury Condo Price Index, Miami FLReal Time Index Levels
May 04, 2024Index Level
3
Months Ago
Months Ago
6
Months Ago
Months Ago
12
Months Ago
Months Ago
18
Months Ago
Months Ago
Miami Luxury Condo Prices Interactive
The interactive graph above plots shifts in our index charts that follow the local Miami real estate market. View trends over time – from 2005 through present day. Data is presented in real time. Use this graph to monitor local trends in the Miami real estate market. Click the 'reset chart' circular arrow above to return to full view.
BUY Miami luxury condo market at-a-glance
Miami BUY statistics comparison, allows you to compare current quarter with previous. BUY in Miami Beach
Median Asking Price
2nd Quarter 2024
2Q
2024
$825,000
7.82%
1st Quarter 2024
1Q
2024
$895,000
2.01%
4th Quarter 2023
4Q
2023
$877,000
0.67%
3rd Quarter 2023
3Q
2023
$882,950
0.18%
$657 per sq.ft. ( $7,070 per M2)
Total Active Listings
2nd Quarter 2024
2Q
2024
4,555
52.16%
1st Quarter 2024
1Q
2024
2,179
43.37%
4th Quarter 2023
4Q
2023
1,234
33.06%
3rd Quarter 2023
3Q
2023
826
23%
Total Value $8,520,912,494
Occupancy Rate
2nd Quarter 2024
2Q
2024
96.14%
1%
1st Quarter 2024
1Q
2024
98.15%
1%
4th Quarter 2023
4Q
2023
98.95%
1%
3rd Quarter 2023
3Q
2023
99.3%
1%
Max $49,000,000 $49,000,000
0%
Min $89,000 $210,000
58%
Median vs. Average Asking Price (with Price Reduction Trend Line)
The above graphic compares the median (blue bars) vs. average (green bars) price side-by-side over time. This graph also charts price reduction percent (yellow trend line) over time.
The median housing price is that which has the same quantity of price points below and above it. For example, if there were 101 properties taken into consideration, the median would be the price in the middle with 50 lower and 50 higher. The average sales price, however, is calculated by adding all sales prices together and dividing that total by the number of individual sales.
When a home is initially listed at one price and later sold at a different price, we call that increase or decrease Negotiability, with price reduction measured as a percent.
Occupancy vs. Inventory
The graph above displays the relationship between occupancy rate (blue bars) alongside quantity sold (green trend line). A higher occupancy rate simply means properties are owner occupied or rented, while lower occupancy rates signify property vacancies.
SELL Miami luxury condo market at-a-glance
Miami BUY statistics comparison, allows you to compare current quarter with previous. BUY in Miami Beach
Average sold Price
2nd Quarter 2024
2Q
2024
$1,091,173
0.78%
1st Quarter 2024
1Q
2024
$1,082,666
23.38%
4th Quarter 2023
4Q
2023
$829,525
17.87%
3rd Quarter 2023
3Q
2023
$1,010,021
4.99%
$748 per sq.ft. ( $8,055 per M2)
Recorded closed sales
2nd Quarter 2024
2Q
2024
67
9%
1st Quarter 2024
1Q
2024
74
30%
4th Quarter 2023
4Q
2023
105
27%
3rd Quarter 2023
3Q
2023
144
8%
Price Reduction
2nd Quarter 2024
2Q
2024
5.44%
1.53%
1st Quarter 2024
1Q
2024
6.89%
1.85%
4th Quarter 2023
4Q
2023
5.14%
1%
3rd Quarter 2023
3Q
2023
6.09%
0.43%
days on market
2nd Quarter 2024
2Q
2024
195
105days
1st Quarter 2024
1Q
2024
300
64days
4th Quarter 2023
4Q
2023
364
96days
3rd Quarter 2023
3Q
2023
460
104days
Max Rent $120,000 $60,000
50%
Min Rent $1,700 $1,800
6%
Average Unit Sales Price by Number of Bedrooms
In the chart above, you can track average sales price growth based on the number of bedrooms in Miami. Use this chart to track trends in sales prices for studios (purple), one-bedrooms (blue), two-bedrooms (green), three-bedrooms (yellow), and four bedrooms or more (orange) over time – from 2005 through present day.
Ownership By Country
The above pie chart illustrates the current ownership mix for property sales throughout Miami, Florida. Use this helpful chart to better understand the country of origin for those purchasing properties. (Note that owners purchasing through an LLC or Corporation are not individuals but, instead, a legal entity.)
Median Sales Price vs. Number of Sales by Quarter
The above graph displays trends in median sales prices (blue bars) alongside the number of sales per quarter (green trend line). The median sales price is the price in the middle, with exactly half of those listed homes sold above that price and half sold below that price. For a sampling of 101 homes, the median sales price would be that which has 50 homes below and 50 homes above.
RENT Miami luxury condo market at-a-glance
Miami RENT statistics comparison, allows you to compare current quarter with previous. RENT in Miami Beach
Averange Rent
2nd Quarter 2024
2Q
2024
$7,708/month
10%
1st Quarter 2024
1Q
2024
$8,556/month
3%
4th Quarter 2023
4Q
2023
$8,327/month
3%
3rd Quarter 2023
3Q
2023
$8,065/month
1%
$4 per sq.ft. ( $43 per M2)
Total Units
2nd Quarter 2024
2Q
2024
3,339
57%
1st Quarter 2024
1Q
2024
1,437
32%
4th Quarter 2023
4Q
2023
976
32%
3rd Quarter 2023
3Q
2023
668
22%
AVGUnit Size 2,097 sq.ft. (195 M2)
Days on Market
2nd Quarter 2024
2Q
2024
166
89days
1st Quarter 2024
1Q
2024
255
84days
4th Quarter 2023
4Q
2023
339
87days
3rd Quarter 2023
3Q
2023
426
94days
Max $120,000 $120,000
0%
Min $1,700 $1,800
6%
Miami Neighborhoods At-a-Glance
The chart above offers a convenient side-by-side comparison of important data metrics across all major Miami neighborhoods. Use up and down arrows to sort by total units, average price, average square feet, and average price per square foot. Re-click the arrow to toggle between high-to-low and low-to-high column sort.