Miami Beach, FL 33141 Real Estate Market Report

ZIP Code: 33141
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The neighborhood's primary market value indicator is the median sold price: 1,815,000, which represents the most reliable signal of recent transaction activity and should guide valuation and pricing decisions rather than asking prices.

2. There is a significant spread between the median listing price (2,505,000) and the median sold price (1,815,000), which may indicate pricing friction where seller expectations exceed achieved sale values; sellers should consider aligning asks with recent transaction levels to reduce time to contract.

3. Liquidity is soft with prolonged selling times—median days on market is 442—which suggests slower sales velocity and that marketing and pricing strategies will be critical to avoid extended holding periods.

4. Market backdrop shows down price momentum and neutral market temperature, while interest rate conditions are a headwind (elevated); this combination suggests cautious buyer behavior and that sellers may need to be more flexible on terms and pricing to transact.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Miami Beach, FL 33141 Real Estate Market Report

ZIP Code: 33141
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The primary market signal is the median sold price of 354,300, which serves as the representative recent sale indicating current market value and should be prioritized over asking prices when setting offer strategies. contextual

2. There is a meaningful gap between the median listing price of 379,500 and the median sold price of 354,300, which suggests pricing friction and that sellers may need to moderate expectations to secure transactions; buyers can consider offers that reflect closed-sale levels. down

3. The median days on market of 469 indicates slower sales velocity and prolonged time-to-close, which may increase negotiability and due diligence windows for buyers while requiring sellers to price more competitively or add marketing incentives. weak

4. Macro indicators show price year-over-year trend is down and rent year-over-year trend is down while market temperature is neutral and interest rate pressure is elevated; together these signals suggest cautious pricing strategies and emphasize the importance of aligning expected sale price with the median sold price when underwriting transactions. elevated interest rate pressure

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.