The Short Answer A higher floor is worth about half a percent per floor, and the number is a fact about your building rather than about Miami. I found 193 pairs of closings in the same building, matched to within 5% on interior size and separated by at least ten floors. The higher residence sold […]
The Short Answer Miami’s selling season is real. It does not do what sellers think it does. Listing a luxury condominium between November and April gets it under contract about 50 days sooner than listing between May and October. It does not get a better price. Sellers who listed in the winter window collected a […]
The Short Answer On a Miami waterfront lot, a newly built house sells for 82% more per square foot of land than a house built before 2000. That is the price of not building. Held at the same house size, between 5,000 and 8,000 square feet of living area, new waterfront houses closed at a […]
The Short Answer Size does not slow a Miami condominium down gradually. It slows down all at once, at about 5,000 square feet. Below that line, a residence of 2,400 square feet and a residence of 4,800 square feet behave almost identically. Both take four to six months to go under contract, both close at […]
The Short Answer A $5 million budget buys 4,378 square feet in Aventura and 2,353 square feet in Bal Harbour. That is the same money for 86% more space. Both numbers come from the same nine months of closed sales in the same county. The Aventura figure rests on five closings and the Bal Harbour […]
Q3 2026 edition. This page is updated every quarter at the same address, so the figures below describe the quarter named in the heading. Previous quarters are linked at the bottom. The Quarter in One Table Miami coastal market, $1 million and above Q3 2026 Comparison Condominium closings (my MLS export, coastal areas) 247 340 […]
Miami New Construction Closings 2026 The Short Answer Miami’s new condominium buildings that delivered in 2024, 2025 and 2026 have recorded 118 closed sales above $1 million since January 2024. The median was $3,355,525 at $1,675 per square foot, and sellers took a median of 93.4% of asking price. Pre-construction listings in buildings scheduled for […]
The Short Answer Bal Harbour condominiums recorded 205 closed sales above $1 million between January 2024 and September 2026, worth about $806 million. The median sale was $2,900,000 at $1,198 per square foot. Not one of those 205 sales was in a building newer than Oceana Bal Harbour, which the MLS dates 2016 and 2017. […]
The Short Answer About six months. The median Miami-Dade condominium sale above $5 million spent 178 cumulative days on market before it went under contract. That median hides the range that actually matters to a seller. 29% of these residences found a buyer in under 90 days. 22% took more than a year, and 5% […]
The Short Answer No. In Miami condominium sales above $5 million, selling furnished did not raise the price per square foot. I compared furnished and unfurnished residences inside the same building, at the same size. That produced 396 matched pairs. The median difference was 0.6%. Restricting it to fully furnished residences only, 251 pairs, the […]
Ashton Coleman | One Sotheby's International Realty
119 Washington Avenue Suite 102 • Miami Beach, FL 33139 • AColeman@onesothebysrealty.com
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