South of Fifth, Miami Beach — Condo closings fell to 38 in the 3rd Quarter of 2026, its lowest number of the year, all while pricing also came in at its' lowest point of the year.
In this video I break down exactly what happened in the South of Fifth condo market in the 3rd Quarter of 2026:
Month by month, Year to Date (1st Quarter vs 2nd Quarter vs 3rd Quarter), and what it all means for buyers and sellers right now.
And here are the numbers...
đź“Š Total Closings:
3rd Quarter 2026 = 38 = Lowest number of any Quarter.
đź“Š Price Per Square Foot:
3rd Quarter 2026 = $1,076 = Lowest number of any Quarter.
đź“Š Median Sold Price:
3rd Quarter 2026 = $1,058,000 = Lowest number of any Quarter.
đź“Š Months of Supply:
3rd Quarter 2026 = 12
🏆 Top Sale of the Quarter:
$18.3 Million — a rare 5-bedroom combo unit at Continuum South, over 4,300 square feet, at $4,200 per square foot. Continuum South always delivers the strongest numbers in South of Fifth.
đź“Ť Born and raised in Miami, with 20 years of experience, I specialize in a select few neighborhoods and share real numbers and real data with you.
âť“ Questions about buying or selling in South of Fifth? Reach out directly. I am always happy to help.
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