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Housing Market

Miami Shores housing market

The median home in Miami Shores sold for $0 in October 2026, down 2.4% from $1,050,000 12 months earlier. On the measures below the market is close to balanced.

What is your Miami Shores home worth?

The median tells you about the market. It does not tell you about your home. Ask for a valuation built from recent sales near you rather than an online estimate.

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Where Miami Shores stands right now

Leverage

Are buyers or sellers in control in Miami Shores?

On the last full month of data, Miami Shores is close to balanced.

That is where the market stands today. Which way it has been moving is a separate question, and the trends below answer it.

    Read from months of supply, the share of sales closing above asking, and the share of sellers who cut their price. Each is scored against conventional thresholds and the balance decides. This describes the months already closed, not a prediction of what comes next.

    Miami Shores market trends, month by month

    Every figure below is a complete calendar month. Blank months had too few sales to support a reliable median.

    Median sale price

    $1,050,000 in Jul 2025 to $1,025,000 in Aug 2026, down 2.4% over 12 months. Trending in buyers' favour.

    Median sale price by month
    MonthMedian sale price
    Jul 2025$1,050,000
    Aug 2025$1,355,000
    Sep 2025$1,072,000
    Oct 2025too few sales to report
    Nov 2025$1,125,000
    Dec 2025$1,050,000
    Jan 2026too few sales to report
    Feb 2026$1,375,000
    Mar 2026$1,150,000
    Apr 2026$1,155,000
    May 2026$1,600,000
    Jun 2026$1,203,750
    Jul 2026$1,645,500
    Aug 2026$1,025,000
    Sep 2026too few sales to report
    Oct 2026too few sales to report

    4 months are left blank because fewer than ten homes closed, which is too small a sample for a reliable median.

    Median days on market

    48 days in Jul 2025 to 34 days in Aug 2026, down 29.2% over 12 months. Trending in sellers' favour.

    Median days on market by month
    MonthMedian days on market
    Jul 202548 days
    Aug 202560 days
    Sep 202543 days
    Oct 2025too few sales to report
    Nov 202534 days
    Dec 202546 days
    Jan 2026too few sales to report
    Feb 202639 days
    Mar 202688 days
    Apr 202680 days
    May 202623 days
    Jun 202634 days
    Jul 202650 days
    Aug 202634 days
    Sep 2026too few sales to report
    Oct 2026too few sales to report

    4 months are left blank because fewer than ten homes closed, which is too small a sample for a reliable median.

    Share of sales closing above asking

    0.0% in Jul 2025 to 14.3% in Aug 2026 over 12 months.

    Share of sales closing above asking by month
    MonthShare of sales closing above asking
    Jul 20250.0%
    Aug 202518.8%
    Sep 20250.0%
    Oct 2025too few sales to report
    Nov 20250.0%
    Dec 20250.0%
    Jan 2026too few sales to report
    Feb 202623.1%
    Mar 20260.0%
    Apr 20265.9%
    May 20267.7%
    Jun 20267.1%
    Jul 202615.0%
    Aug 202614.3%
    Sep 2026too few sales to report
    Oct 2026too few sales to report

    4 months are left blank because fewer than ten homes closed, which is too small a sample for a reliable median.

    Share of sellers who cut their price

    53.9% in Jul 2025 to 33.3% in Aug 2026, down 38.1% over 12 months. Trending in sellers' favour.

    Share of sellers who cut their price by month
    MonthShare of sellers who cut their price
    Jul 202553.9%
    Aug 202550.0%
    Sep 202546.7%
    Oct 2025too few sales to report
    Nov 202530.0%
    Dec 202536.8%
    Jan 2026too few sales to report
    Feb 202623.1%
    Mar 202660.0%
    Apr 202641.2%
    May 202646.1%
    Jun 202635.7%
    Jul 202640.0%
    Aug 202633.3%
    Sep 2026too few sales to report
    Oct 2026too few sales to report

    4 months are left blank because fewer than ten homes closed, which is too small a sample for a reliable median.

    Homes sold

    13 in Jul 2025 to 4 in Oct 2026, down 69.2% over 16 months.

    Homes sold by month
    MonthHomes sold
    Jul 202513
    Aug 202516
    Sep 202515
    Oct 20259
    Nov 202510
    Dec 202519
    Jan 20269
    Feb 202613
    Mar 202615
    Apr 202617
    May 202613
    Jun 202614
    Jul 202620
    Aug 202621
    Sep 20269
    Oct 20264

    Buying in Miami Shores?

    The same figures read differently from the buying side. Ask what they mean for an offer on a specific home rather than for the market as a whole.

    Browse Homes for SaleTalk to a Buyer's Agent

    Nearby Markets

    Compare Miami Shores with nearby markets

    Source: BeachesMLS via Trestle, compiled by Pure Equity Realty. Figures cover residential sales and exclude land and commercial. Updated nightly.

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