10/08/2026
Downtown Miami condo market update for September π
At September's sales pace, it would take about 35 months to sell every condo currently listed in Downtown β 35.1 months of supply, up from 26.1 in August and the highest of the past 13 months. The dashboard reads Strong Buyer's Market.
If you're buying: you have leverage. Listings are sitting 179 days on average, so there's time to inspect, review the HOA documents and negotiate on price, repairs or assessment credits.
If you're selling: with 877 units competing for 25 buyers a month, condition and day-one pricing decide who gets the showing. Sellers who priced to the market still closed at 96.2% of list.
- 877 active listings (751 a year ago)
- 25 closings in September
- 179 average days on market
- 96.2% list-to-sold
- County backdrop: Miami-Dade condos at 14.2 months of supply
Full history for every tracked area:
https://stats.thomasdruckrealtor.com/downtown-miami
Own in Downtown, or watching a specific building? DM me here or call/text 305-395-1288.