Luxury Homes in Miami, FL

There are 1,989 luxury homes for sale in Miami, Florida right now, priced from $1M to $110M. The median list price is $1,825,000. That puts this segment 177% above the overall Miami median of $659,000 across 7,666 active listings.

These homes average 2,569 square feet of living area on lots averaging 0.54 acres. Average pricing runs $1,278 per square foot versus $817 citywide. The median year built is 2016. 30% of them include a private pool.

This segment averages 129 days on market, 13 days longer than the Miami average of 116. The median closed-sale price in Miami is $590,000. Deals close at 95.9% of list price. The absorption rate is 8.1%.

The largest concentration is in Aston Martin Residences, with 43 available listings. The rest is spread across 835 other communities and 55 ZIP codes.

At this tier a meaningful share of inventory trades off-market or with delayed MLS exposure. Comparable sales are thin, so pricing depends on recent closings in the specific enclave rather than city-wide averages.

María Delgado works the South Florida market daily and can send you the full list with photos, association documents and recent comparables — in English or Spanish.