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The Normandy Beach market
Market report · Neighbourhood · Oct 2026
The Normandy Beach market, in numbers
Part of Miami Beach — see the Miami Beach report
Homes in Normandy Beach typically sell in about 222 days, prices are down 83.4% on a year ago. With 121.0 months of inventory, it’s a buyer’s market.
Some comparisons are hidden until at least 3 transactions close in a month. Medians below are drawn from very small samples — treat them as indicative.
Median sale price
$360k
↓ −73.3% MoM↓ −83.4% YoY
1 sales closed in Oct 2026
Low sampleMedian rent
$5,750/mo
↓ −17.9% MoM↑ +85.5% YoY
1 leases closed in Oct 2026
Low sampleTime to sell
222 days
typical days on market
Low sampleDays from listing to going under contract.
Months of inventory
121.0 mo
buyer’s market
Low sampleActive listings divided by the monthly sales pace. Under 4 months favors sellers; over 6 favors buyers.
Sells 79 days slower than Miami Beachdays on market
Your questions, answered
Straight answers from Normandy Beach’s closed transactions.
What does a home here cost?
The median sale closed at $360k in Oct 2026, down 83.4% on a year ago. Typical sales ranged $360k–$360k.
What income do you need to buy here?
At a 6.5% 30-year mortgage with 20% down, the median home runs about $3,155/mo including taxes and HOA — comfortable at a household income around $126k a year, using the 30% rule. Renting instead costs $5,750/mo.
Is now a good time to buy?
121.0 months of inventory points to a buyer’s market. Prices have eased over the past year, which favors patient buyers.
How fast do homes sell?
About 222 days from listing to contract in Oct 2026. The pace picks up toward June and slows around August.
How much room is there to negotiate?
Not enough closed sales this month to measure — the price-cut chart below is the best proxy.
When is the best time to list?
Closings peak in June and bottom out around August. Listing four to six weeks ahead of the peak historically gets the most eyes.
Is it a good rental investment?
Yield needs at least 3 closed sales and 3 closed leases in a month — this area doesn’t clear that bar yet.
Buying vs renting
Price-to-rent ratio is 5.2 — buying typically starts to beat renting after roughly 3–4 years here.
To buy — median sale price
Sale price, $
$360k↓ −73.3% MoM↓ −83.4% YoY
Oct 2026 — median $360k · 1 sales · 222 days on market · low sample
$0
$5.0M
$10.0M
$15.0M
Nov ’25
Jan ’26
Mar ’26
May ’26
Jul ’26
Sep ’26
To rent — median monthly rent
Monthly rent, $
$5,750/mo↓ −17.9% MoM↑ +85.5% YoY
Oct 2026 — median $5,750/mo · 1 leases · 126 days on market · low sample
$0
$10k
$20k
$30k
Nov ’25
Jan ’26
Mar ’26
May ’26
Jul ’26
Sep ’26
MedianTypical range (5th–95th percentile)3+ closingsUnder 3 (low sample)No closings (activity only)Tap or hover any month for its numbers.
What each size costs
Medians over the last 12 months.
Beds
To buy
To rent
Volume
1 bed
$375k
$2,812/mo
12 closed Low sample
2 beds
$926k
$4,120/mo
29 closed
3 beds
$1.47M
$5,455/mo
10 closed
What sells here
Sales mix and median price by property type, last 12 months.
Condo
$852k
43% of sales · 12 closed
House
$2.11M
57% of sales · 16 closed
Market depth
Supply and demand
Listings per month
Oct 2026 — 1 closed · 7 new · 121 active
0
50
100
150
Nov ’24
Feb ’25
May ’25
Aug ’25
Nov ’25
Feb ’26
May ’26
Aug ’26
ClosedActive (on market)New listings
Seasonality
Avg closings
Listings move fastest in June
0
1
2
3
4
J
F
M
A
M
J
J
A
S
O
N
D
Average closings by calendar month, drawn from at least two years of history.
Price-cut pressure
% of active listings
Oct 2026 — 43% of active listings cut · median cut 5.8%
0%
25%
50%
75%
Nov ’24
Feb ’25
May ’25
Aug ’25
Nov ’25
Feb ’26
May ’26
Aug ’26
3-month averageSingle month
HOA fees per sqft
$ per sqft, monthly
$0.64 per sqft · Oct 2026
$0.40
$0.60
$0.80
$1.00
$1.20
Nov ’24
Feb ’25
May ’25
Aug ’25
Nov ’25
Feb ’26
May ’26
Aug ’26
Median monthly HOA fee per square foot among closed sales.
How neighbourhoods compare across Miami Beach
Median sale price, last 12 months. Tap a row to open its report.
Based on 137 closed transactions over the period shown · Updated Nov 1, 2026 · Medians drawn from fewer than 3 closings are flagged as low sample.