By Neighborhood
Last 30 days of recorded sales, all transactions over $10K
| Neighborhood | Sales | Median | LLC % |
|---|---|---|---|
| Coconut Grove | 48 | $1.73M | 43.8% |
| Brickell | 35 | $560K | 34.3% |
| Little Havana | 29 | $540K | 41.4% |
| Wynwood | 13 | $775K | 69.2% |
| Overtown | 2 | $1.55M | 0% |
LLC Buyer Concentration
What percentage of recent sales went to entities vs. individuals
Wynwood is 7 out of 10
Nearly 70% of Wynwood sales in the last 30 days went to LLCs. This isn't residential demand — it's commercial investment reshaping the neighborhood. Only 13 sales total, but the pattern is unmistakable.
Biggest Sales This Month
Top recorded transactions across all 5 neighborhoods
Coconut Grove is dominating the high end
All 5 of the biggest sales this month were in Coconut Grove — including a $9M vacant lot bought by an LLC. Individual buyers are paying $2,000+/sqft for single-family homes. Meanwhile, Brickell's 35 sales median came in at $560K — well below its all-time median of $700K. Overtown recorded just 2 sales all month. The market isn't frozen, but it's very neighborhood-specific.
Volume check: $197M in 30 days
127 sales totaling $197 million across 5 neighborhoods. That's an average deal size of $1.55M — heavily skewed by Coconut Grove's ultra-luxury transactions. Remove the Grove and the average drops to $614K. The story of Miami real estate is always: which Miami are you talking about?
30-Day Median Price
How neighborhoods compare right now
Overtown's $1.55M median is misleading
Only 2 sales recorded — one at $383K, one at $1.55M. That's not a market price, that's a coin flip. Compare to Coconut Grove's 48 sales for a statistically meaningful median. Small sample sizes hide more than they reveal.
Want the full picture?
68,902 properties. 5 neighborhoods. Every data point sourced from county records.
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