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 […]
New vs Older Miami Luxury Condos 2026 The Short Answer New construction does not carry a Miami-wide premium at the top of the market. It carries a premium in some submarkets and a discount in others. In Sunny Isles Beach, condominiums delivered in 2019 or later closed at a median of $2,196 per square foot. […]
The Short Answer At the same price, a Miami house gives you more interior space and land. A Miami condo costs more per square foot and gives you height, water views and services. In MLS closings above $10 million from January 2025 to September 2026, condominiums closed at a median of $3,138 per square foot. […]
Is a Miami Penthouse Worth It 2026 The Short Answer Yes, in most Miami buildings, a penthouse sells for more per square foot than the regular residences below it. In the MLS data I analyzed, the typical difference is about 15% to 20% inside the same building. But the premium is not guaranteed, and it […]
Ask what an ocean view is worth in Miami and you will get a confident answer. Ask for the evidence and it usually disappears. So here is the evidence. A review of 496 closed Miami-Dade condominium sales above $5 million, from January 2024 through September 2026, each carrying its MLS view designation, produces a result […]
Search for Miami’s most expensive condominium, and you will find an $80 million listing. That number is real. It is also nearly useless as a measure of what the building is worth, because the building it sits in has closed three sales in the past thirty-three months, and the highest of them was $13.5 million. […]
Ask what makes a Miami property valuable and you will usually get a list: square footage, finishes, amenities, brand, a view. Those things explain price. They do not explain value at the top of the market. Across roughly a dozen analyses of closed MLS transactions over the past year, covering trophy homes, man-made islands, oceanfront […]
Ashton Coleman | One Sotheby's International Realty
119 Washington Avenue Suite 102 • Miami Beach, FL 33139 • AColeman@onesothebysrealty.com
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