Miami, FL 33133 Real Estate Market Report

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.

Market Metrics

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.

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.

Property Taxes

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.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The neighborhood’s primary market signal is the median sold price of 1,949,000, which anchors recent transaction values and suggests stable, high-end demand in the SFR and condo mix; representative recent sale pricing appears to be more informative than asking prices in this cycle.
2. There is a notable divergence between the median listing price of 2,600,000 and the median sold price of 1,949,000, which may indicate pricing friction or seller expectations above realized transaction levels and suggests careful pricing strategy is required to avoid extended time on market.
3. Liquidity is slow relative to faster markets: the median days on market of 402 signals prolonged time to transact and therefore slower sales velocity, which may require staged marketing or price adjustments to accelerate closings.
4. Macro and rental context: median market rent of 3,500 combined with a rent year-over-year trend of up and a market temperature described as neutral suggests sustained rental demand even as interest rate pressure is elevated (30-year fixed around 6.49%, 0.39% above an early-2026 average); elevated interest rate pressure may weigh on purchase affordability and lengthen marketing timelines.

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.