North Miami Beach Luxury Market Report — Q1 2026

Quarterly pricing, absorption, and luxury inventory analysis for North Miami Beach. Eastern Shores teardown velocity continues to accelerate as buyers priced out of Bay Harbor Islands and the Venetian Islands move north for larger lots and deeper water.

Q1 2026 Miami-DadeMedian $1.35M · $680 / sqft
The numbers

Key indicators

Sourced from MLS + closed comparables
Median Sale Price
$1.35M
Avg. Price / sqft
$680 / sqft
Days on Market
62
Sale-to-List Ratio
96.4%
Active Luxury Inventory
284 listings $3M+
Closed $5M+ (TTM)
118 transactions
Analysis

What the data tells us

Quarterly pricing, absorption, and luxury inventory analysis for North Miami Beach. Eastern Shores teardown velocity continues to accelerate as buyers priced out of Bay Harbor Islands and the Venetian Islands move north for larger lots and deeper water.

Persistent constraint in well-located inventory continues to support pricing across the upper segment, while the absorption rate signals a normalization away from the post-2020 surge — yet still firmly favoring sellers of well-positioned properties.

For an address-specific analysis tailored to your residence, request Brenda's confidential broker-prepared valuation or book a 30-minute video appointment.

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18 Years · Luxury Real Estate Broker · South Florida

The expert to call about North Miami Beach.

For 18 years Brenda Friend has been one of the most trusted luxury real estate brokers in North Miami Beach. From oceanfront branded residences to gated waterfront estates, she works directly with every client — no team handoffs, no junior agents.

18+
Years selling South Florida
$1.2B+
Career sales volume
500+
Luxury transactions closed
98.4%
Average sale-to-list ratio
−27%
Avg. days on market vs. region
40+ countries
International buyer network
Brenda Friend, Licensed Real Estate Broker (Florida). All information herein is deemed reliable but not guaranteed and is subject to errors, omissions, prior sale, or withdrawal without notice. Equal Housing Opportunity.
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