Do New Brickell Towers Hold Their Price Better?

Not so far. New Brickell towers sell for 20% more per sq ft than old ones ($764 vs. $637), but both groups are down about 10% from their best 12 months. MLS condo sales through October 14, 2026.

• Zip 33131: 824 condos listed, 107 for over a year; 55 under contract; 18.0 months of supply (6 is balanced)
• Median sale price $640,000; 550 sales and $532M closed in 12 months, 8% fewer sales than the prior 12 months
• 39% of listings cut below original ask; median sale 92% of original list, 95% of last list
• Fell least: Bond -5.3% ($720/sf, 8 sales), 1010 Brickell -6.2% ($817/sf, 9.3 months supply), Dua -9.5% ($758/sf)
• Fell most: Brickell Flatiron -17.4% ($1,005/sf), 500 Brickell -16.2% ($518/sf), Reach -15.1% ($713/sf)
• Most supply: Echo Brickell 48.0 months, ICON Tower 1 39.2, Bond 30.0
• Supply by price: 12 months under $500K, 18 from $500K to $1M, 24 above $1M

Varun Hemraj · Abakus Realty LLC · Brokered by West Avenue Realty · Florida License #FL-3379132 · 703-732-0764 · varunhemraj.com

Member of the Miami Association of REALTORS® and MIAMI MLS. Equal Housing Opportunity. Information deemed reliable but not guaranteed.

Indian Realtor in Miami specializing in Brickell, Miami Beach, and South Florida pre-construction and luxury real estate.