Based on 493 closed transactions recorded in the MLS between October 17, 2025 and October 14, 2026.
6-bedroom units led activity with 126 of the 493 closed sales (26%), at a median sale price of $16,012,500. Half of the recorded sale prices fell between $11,700,000 and $21,000,000, and the full range was $10,000,000 to $170,000,000. Closings showed a median of 122 days on market and a median of $2,559.84 per square foot. There are 875 units for sale listed today, roughly 21.3 months of supply at the current pace of closings.
Source: Faccin Investments, closed transaction records from the MLS. Last updated October 16, 2026. These are descriptive statistics of recorded transactions — not an appraisal, a price opinion or a guarantee of rental performance.
In the 12 months to October 14, 2026, 493 sales closed in South Florida with a median sale price of $14,500,000. Half of the closings were between $11,700,000 and $21,000,000, and the range ran from $10,000,000 to $170,000,000.
The median time on market was 122 days for the 493 closings recorded between October 17, 2025 – October 14, 2026. Properties with realistic pricing typically move faster than the average: the median, not the mean, is used here because it is not distorted by outliers.
The median price per square foot was $2,559.84 over the last 12 months, based on 493 recorded closings. Price per square foot is the most reliable way to compare units of different sizes in the same market.
0-bedroom units: median $22,250,000 (3 closings); 1-bedroom units: median $10,900,000 (1 closings); 2-bedroom units: median $15,925,000 (4 closings); 3-bedroom units: median $11,525,000 (32 closings); 4-bedroom units: median $13,500,000 (113 closings); 5-bedroom units: median $14,000,000 (119 closings); 6-bedroom units: median $16,012,500 (126 closings); 7-bedroom units: median $17,725,000 (57 closings); 8-bedroom units: median $18,518,000 (27 closings); 9-bedroom units: median $29,300,000 (9 closings); 10-bedroom units: median $16,500,000 (1 closings); 13-bedroom units: median $101,500,000 (1 closings). Figures cover the last 12 months of closed MLS records for this market.
There are 875 properties listed in South Florida today, with a median asking price of $16,950,000. At the current pace of sale closings, that inventory represents about 21.3 months of supply — a balanced-to-soft market that gives buyers room to negotiate.
The figures are computed directly from closed transaction records in the MLS for South Florida, covering the 12 months from October 17, 2025 – October 14, 2026 (493 closings). Median values are used instead of averages to avoid distortion by a few very high or very low transactions, and price per square foot is calculated only for units with a recorded living area. The report is descriptive: it summarises what was actually registered, and it is not an appraisal or a price opinion.
