Real Estate Market Report

North Miami Beach Real Estate Market Report — November 2026

Live MLS data for North Miami Beach, Florida. Trends, inventory, and sales metrics updated daily.

Updated November 14, 2026 at 5:01 AM EST

What this means in North Miami Beach

Strong Buyer's Market

Right now in North Miami Beach, there are 454 homes for sale. Buyers have been closing about 54 homes a month over the last three months. At that pace, it would take about 8.5 months to sell everything currently listed. That is a strong buyer's market. There are more homes for sale than buyers are taking, so buyers usually have more room to negotiate. The typical sold price is $440,000. Among homes that closed, the median sold price was 95.7% of the median list price of those same sales. 7% of those sales closed above their own list price and 83% sold below their own list price. Once a home goes under contract and closes, it has usually been on the market about 77 days. Sold prices over the last three months are down about 31% compared with the three months before that. More homes are coming on the market (90 new in the last 30 days) than are selling each month, so inventory may keep growing. About 11.8% of today's active inventory is selling each month (the absorption rate). Asking prices average about $411 per square foot, while recent sales average about $334 per square foot.

Market Snapshot in North Miami Beach, FL

New Listings

Listed in the last 30 days vs the 30 days before

90

+13% vs prior 30 days

Prior 30 days: 80

Active Listings

Currently for sale (active MLS inventory, not pending or sold)

454

Under Contract

Active Under Contract + Pending

41

Homes Sold / Month

Average closed sales per month over the previous 3 months

54

+23% vs prior 3 mo

Prior 3 mo: 44

Median Sold Price

Median closed-sale price over the last 12 months (sold, not list)

$440K

-12% YoY

Prior year: $498K

Median Days on Market (Sold)

Median days on market for closed sales over the last 12 months

77days

+15% YoY

Prior year: 67 days

Months of Supply

Active listings ÷ sold/month pace (previous 3 months)

8.5mo.

-17% vs prior 3 mo

Prior 3 mo: 10.3 mo.

Absorption Rate

Percent of active inventory sold each month

11.8%

+22% vs prior 3 mo

Prior 3 mo: 9.7 %

Price Trend

Median sold price, last 3 months vs prior 3 months

$321K

-31% vs prior 3 mo

Prior 3 mo: $468K

Median List Price

Median asking price of current active listings (list, not sold)

$530K

Sale-to-List Ratio

Sold price ÷ original list price for closed sales

95.7%

Sold Above Asking

Share of closed sales that sold above list price

7%

Closed Sales

Number of homes sold in the last 12 months

451

+40% YoY

Prior year: 323

Dollar Volume

Total sold dollar volume over the last 12 months

$263M

+18% YoY

Prior year: $223M

Market Trends in North Miami Beach, FL

Median sold price

Homes sold per month

Supply vs demand (new listings vs homes sold)

● New listings● Homes sold

Days on market

List $/sq ft vs sold $/sq ft

Median list $/sq ft

$411/sq ft

Sold $/sq ft

$334/sq ft

Computed from live MLS data via the Repliers API · MIAMI + RWorld (Board 175) and MIAMI MLS (Board 177) · updated November 14, 2026 at 5:01 AM EST

Methodology: All figures are computed from live MLS data via the Repliers API for North Miami Beach, FL. Active inventory reflects the current count of homes for sale. Sales metrics cover the trailing 12-month period; “prior year” covers the immediately preceding 12-month period for year-over-year comparison. Months of supply = active listings ÷ (closed sales per month). Stats are updated daily.

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