: Approximately $640,000 for all property types, up slightly (0.4%) year-over-year.

The Miami Beach real estate market is currently in a "normalization phase" characterized by stabilizing prices and expanding inventory. As of early 2026, the market offers more options for buyers, though luxury segments remain highly competitive with a significant share of cash transactions.

: Homes typically take about 113 to 126 days to go under contract, suggesting a less frenetic pace than previous years.