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The Sweetwater Estates market
Market report · Neighbourhood · Sep 2026
The Sweetwater Estates market, in numbers
Part of Miami — see the Miami report
Homes in Sweetwater Estates typically sell in about 39 days, close around 10.3% under ask. With 42.8 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
$3.5M
↑ +250.0% MoM
3 sales closed in Sep 2026
Median rent
$6,500/mo
↓ −51.9% MoM↓ −25.7% YoY
1 leases closed in Aug 2026
Low sampleTime to sell
39 days
typical days on market
Days from listing to going under contract.
Negotiation room
10.3% under ask
typical closing vs asking price
How far below the asking price homes typically close.
Months of inventory
42.8 mo
buyer’s market
Low sampleActive listings divided by the monthly sales pace. Under 4 months favors sellers; over 6 favors buyers.
+78% vs Miami overallmedian sale price
Sells 56 days faster than Miamidays on market
Your questions, answered
Straight answers from Sweetwater Estates’s closed transactions.
What does a home here cost?
The median sale closed at $3.5M in Sep 2026. Typical sales ranged $1.48M–$3.73M.
What income do you need to buy here?
At a 6.5% 30-year mortgage with 20% down, the median home runs about $23k/mo including taxes — comfortable at a household income around $930k a year, using the 30% rule. Renting instead costs $6,500/mo.
Is now a good time to buy?
42.8 months of inventory points to a buyer’s market, and sellers are accepting about 10.3% under ask.
How fast do homes sell?
About 39 days from listing to contract in Sep 2026. The pace picks up toward November and slows around February.
How much room is there to negotiate?
Closings typically land 10.3% under asking price, and 33% of active listings have already reduced their price (median cut 7.8%).
When is the best time to list?
Closings peak in November and bottom out around February. 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 44.9 — buying typically starts to beat renting after roughly 10+ years here.
To buy — median sale price
Sale price, $
$3.5M↑ +250.0% MoM
Sep 2026 — median $3.5M · 3 sales · 39 days on market
$1.0M
$2.0M
$3.0M
$4.0M
Oct ’25
Dec ’25
Feb ’26
Apr ’26
Jun ’26
Aug ’26
To rent — median monthly rent
Monthly rent, $
$6,500/mo↓ −51.9% MoM↓ −25.7% YoY
Aug 2026 — median $6,500/mo · 1 leases · 15 days on market · low sample
$4,000
$6,000
$8,000
$10k
$12k
$14k
Oct ’25
Dec ’25
Feb ’26
Apr ’26
Jun ’26
Aug ’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
2 beds
$1.25M
—
1 closed Low sample
3 beds
$1.41M
—
1 closed Low sample
What sells here
Sales mix and median price by property type, last 12 months.
House
$2.37M
100% of sales · 14 closed
Market depth
Supply and demand
Listings per month
Sep 2026 — 3 closed · 4 new · 57 active
0
20
40
60
80
Oct ’24
Jan ’25
Apr ’25
Jul ’25
Oct ’25
Jan ’26
Apr ’26
Jul ’26
ClosedActive (on market)New listings
Seasonality
Avg closings
Listings move fastest in November
0
0.5
1
1.5
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
Sep 2026 — 33% of active listings cut · median cut 7.8%
0%
10%
20%
30%
40%
50%
Oct ’24
Jan ’25
Apr ’25
Jul ’25
Oct ’25
Jan ’26
Apr ’26
Jul ’26
3-month averageSingle month
HOA fees per sqft
$ per sqft, monthly
Too few closed transactions to chart HOA fees here.
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 32 closed transactions over the period shown · Updated Oct 4, 2026 · Medians drawn from fewer than 3 closings are flagged as low sample.