$1,222,071 (a record high, up 28.8% year-over-year).
Miami Beach Condo Market Report: Q1 2026 Analysis As of April 2026, the Miami Beach condominium market has transitioned into a "scarcity story," diverging sharply from the broader Miami mainland. While the market as a whole is stabilizing, the Beach is experiencing its first inventory contraction since 2023, with trophy oceanfront properties reaching record pricing. condo miami beach buy
$504,000–$700,000 (up 7.2% year-over-year). $1,222,071 (a record high, up 28
Tightening significantly, with active listings down 17.7% and a 14.6-month supply (improved from 16.0 months in late 2025). 071 (a record high
Averages $815 Beach-wide, but luxury oceanfront regularly exceeds $1,292/sq ft.
$1,222,071 (a record high, up 28.8% year-over-year).
Miami Beach Condo Market Report: Q1 2026 Analysis As of April 2026, the Miami Beach condominium market has transitioned into a "scarcity story," diverging sharply from the broader Miami mainland. While the market as a whole is stabilizing, the Beach is experiencing its first inventory contraction since 2023, with trophy oceanfront properties reaching record pricing.
$504,000–$700,000 (up 7.2% year-over-year).
Tightening significantly, with active listings down 17.7% and a 14.6-month supply (improved from 16.0 months in late 2025).
Averages $815 Beach-wide, but luxury oceanfront regularly exceeds $1,292/sq ft.