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The Ponce-Davis market
Market report · Neighbourhood · Oct 2026
The Ponce-Davis market, in numbers
Part of Miami — see the Miami report
Homes in Ponce-Davis typically sell in about 171 days, close around 8.7% under ask, prices are down 53.4% on a year ago. With 18.0 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
$7.3M
↓ −53.4% YoY
3 sales closed in Oct 2026
Median rent
$40k/mo
↑ +107.9% MoM
1 leases closed in Oct 2026
Low sampleTime to sell
171 days
typical days on market
Days from listing to going under contract.
Negotiation room
8.7% under ask
typical closing vs asking price
How far below the asking price homes typically close.
Months of inventory
18.0 mo
buyer’s market
Low sampleActive listings divided by the monthly sales pace. Under 4 months favors sellers; over 6 favors buyers.
+192% vs Miami overallmedian sale price
Sells 75 days slower than Miamidays on market
Your questions, answered
Straight answers from Ponce-Davis’s closed transactions.
What does a home here cost?
The median sale closed at $7.3M in Oct 2026, down 53.4% on a year ago. Typical sales ranged $7.25M–$7.3M.
What income do you need to buy here?
At a 6.5% 30-year mortgage with 20% down, the median home runs about $48k/mo including taxes — comfortable at a household income around $1.94M a year, using the 30% rule. Renting instead costs $40k/mo.
Is now a good time to buy?
18.0 months of inventory points to a buyer’s market, and sellers are accepting about 8.7% under ask. Prices have eased over the past year, which favors patient buyers.
How fast do homes sell?
About 171 days from listing to contract in Oct 2026. The pace picks up toward June and slows around November.
How much room is there to negotiate?
Closings typically land 8.7% under asking price, and 42% of active listings have already reduced their price (median cut 5.8%).
When is the best time to list?
Closings peak in June and bottom out around November. 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 15.4 — buying typically starts to beat renting after roughly 5–7 years here.
To buy — median sale price
Sale price, $
$7.3M↓ −53.4% YoY
Oct 2026 — median $7.3M · 3 sales · 171 days on market
$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, $
$40k/mo↑ +107.9% MoM
Oct 2026 — median $40k/mo · 1 leases · 50 days on market · low sample
$10k
$20k
$30k
$40k
$50k
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
3 beds
$560k
—
1 closed Low sample
What sells here
Sales mix and median price by property type, last 12 months.
House
$6.88M
100% of sales · 16 closed
Market depth
Supply and demand
Listings per month
Oct 2026 — 3 closed · 1 new · 24 active
0
10
20
30
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
0.5
1
1.5
2
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 — 42% 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
$1.37 per sqft · Jul 2026
$0.00
$0.50
$1.00
$1.50
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
Median sale price, last 12 months. Tap a row to open its report.
Based on 38 closed transactions over the period shown · Updated Nov 1, 2026 · Medians drawn from fewer than 3 closings are flagged as low sample.