Miami condos are cooling at the top, heating at the entry level.

Edgewater 1BRs lead the market, up +5.1% in $/sqft over 90 days as entry-level demand stays hot. Meanwhile the luxury tier is softening — Key Biscayne 3BRs are down −2.1% and South Beach is off −1.2%. Across Miami-Dade, active inventory rose 12% this month and median days-on-market ticked up to 38, tilting negotiating leverage toward buyers in the mid-to-upper segments. 142 new listings hit today.