PARK EAST CONDO in Miami

PARK EAST CONDO
Homes for Sale in Miami, FL

Community in Miami · Miami-Dade County · ZIP 33172
Median sale $255K
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Live Market Pulse
17/100
Market Heat
Cooler than normal
2019 → 2026 · 90 at the 2022 peak
0 is PARK EAST CONDO's coldest market since 2019, 100 its hottest. Today: 17. How it's scored

Photo via miami

Built fromLive miami data14 years of closingsUpdated twice daily
Live · PARK EAST CONDO Housing Pulse miami + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$255K
Median sold · 12 mo
down 13.6% vs the prior 12 months
-13.6%
1-yr price change
n = 5 and 8 sales in the two windows
$258/sf
Sold $/sqft · 12 mo
peak $290 in 2024
94.4%
Sale vs ask
Tempo
35days
Median DOM · closed
7 days at the 2022 low
5
Sold · last 12 mo
10-yr average: about 7 a year
Ownership and context
40%
Cash buyers · PARK EAST CONDO
2 of 5 sales, 12 mo ending July 2026
Track record · 14 years of records
948sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Park East Condo is pricing around $255,000, with price per square foot near $258. That combination points to smaller or more compact units rather than large-format condos, and it puts this squarely in the entry-level condo tier for the county. With only five closings in the window, this is a thin-data market — one or two unusual sales can swing the median more than they would in a deeper market, so treat the number as a directional read rather than a precise line.

The year-over-year figure is down 13.6%, and the market heat score sits at 17, which is low. That combination reads as a buyer-leaning market right now: sellers are not getting bidding-war pricing, and homes are sitting for a median of 35 days before going under contract. For a seller, that means pricing has to be realistic from day one. For a buyer, it means there is room to negotiate on price and terms rather than compete on speed.

PARK EAST CONDO Housing Pulse · Momentum Research · as of July 20, 2026

PARK EAST CONDO right now

🔴 Off the recent peak. The trailing-12-month median ($255K) is down 13.6% from the prior 12 months ($295K). With about 7 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level miami closed sales, 12-month windows ending July 20. Confidence: Low (5 and 8 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 20, 2026 · Live data: miami, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

PARK EAST CONDO market snapshot (as of July 20, 2026): the median sale price is about $255K ($258 per sq ft over the trailing 12 months of closed sales), and a median 35 days on market for closed sales. The trailing-12-month median is down 14% from the prior 12 months, computed from record-level miami closed sales (5 closings in the current window).

Park East Condo is a Miami-Dade condo market currently trading at a median of $255,000, with pricing power favoring buyers given the recent pullback and slower absorption pace.

Best for

  • Buyers seeking an entry-level condo price point with negotiating leverage in a softening market
  • Investors comfortable underwriting a thin-closing-volume market and doing their own comp verification
  • Buyers prioritizing unit condition and per-square-foot value over building amenities

Probably not for

  • Buyers who want confirmed community amenities like a pool, gym, or clubhouse as part of the purchase
  • Sellers expecting a quick sale or upward price momentum given the current year-over-year decline
  • Buyers uncomfortable relying on a small closing sample when evaluating fair market value

Windows contain 0 to 11 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$150K$200K$250K$300K20122014201620182020202220242026
Down 13.6% year over year.
Every sale since 2012 · price vs size
$0$100K$200K$300K1k1k
71 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$150$200$250$30020122014201620182020202220242026
Up from $158 in 2012 to a $290 peak in 2024; $258 now.
Median days on market · closed sales
204020122014201620182020202220242026
7 days at the 2022 low; 35 now.
Sale price vs original ask · median
95%98%100%20122014201620182020202220242026
94.4% now.
Homes sold per 12-mo window
051020122014201620182020202220242026
0 to 11 a year; 5 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2020202220242026
90 at the 2022 peak, 17 in the troughs, 17 now. Same score as the hero card, full history.

PARK EAST CONDO Market Scorecard

Balanced

PARK EAST CONDO is currently a balanced market., and homes go under contract in about 8 days.

$255,000
Median sold
$266
List $/sqft
8
Days on mkt
3/2/0
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: miami, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in PARK EAST CONDO

Live MLS inventory for PARK EAST CONDO. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending PARK EAST CONDO listings as of 2026-08-21, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Tap any home to ask about it.

If we were buying in PARK EAST CONDO today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in PARK EAST CONDO.

Best Buy
Buyers comfortable underwriting a small-sample condo market and doing unit-level diligence.
Biggest Risk
Only five recent closings means the median is a loose estimate, not a precise benchmark.
Sweet Spot
Value-focused buyers targeting a renovated unit priced near or below the per-square-foot median.
Avoid If
You need amenity-rich condo living or a market with confirmed shared building features.

A market resetting on price

The story in the numbers is a market working through a price correction. A double-digit year-over-year decline paired with a low market heat score is not a market in freefall, but it is one where sellers no longer set the terms. The 35-day median days-on-market confirms it — homes are not selling in days, they are sitting long enough for buyers to compare, negotiate, and walk if the number does not work.

No community amenities are identified from current MLS listings, which means unit condition and building-specific factors are likely doing more work in pricing than any shared clubhouse, pool, or common feature. Buyers should expect the value spread here to be condition-driven — renovated units command the top of the per-square-foot range, and dated units pull the median down. With only five closings feeding this snapshot, anyone transacting here should pull comparable sales directly rather than lean on the aggregate figures alone.

The location and the amenities are priced into every listing in PARK EAST CONDO. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a thin, price-correcting market like this, the data itself can mislead — five closings is not enough to set a firm number, and a soft median can hide both underpriced opportunities and overpriced holdouts. We pull the unit-level comps, verify condition against list price, and negotiate from actual market posture rather than a headline stat, which matters more here than in a deep, high-volume market.

PARK EAST CONDO in 15 seconds.

Best forBuyers comfortable underwriting a small-sample condo market and doing unit-level diligence.
Biggest advantagePricing currently favors buyers, with room to negotiate on both price and terms.
Biggest riskOnly five recent closings means the median is a loose estimate, not a precise benchmark.
Sweet spotValue-focused buyers targeting a renovated unit priced near or below the per-square-foot median.
Avoid ifYou need amenity-rich condo living or a market with confirmed shared building features.

HOA, CDD & Fees

In short
  • Mandatory HOA. Confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed PARK EAST CONDO sales matched to your home.

What is your PARK EAST CONDO home worth?

Get a no-obligation home value based on real comparable sales in PARK EAST CONDO, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in PARK EAST CONDO on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in PARK EAST CONDO?
The median sale price in PARK EAST CONDO was $255K over the 12 months ending July 20, 2026 (5 closed sales, miami).
How long do homes in PARK EAST CONDO take to sell?
Homes that closed in the 12 months ending July 20, 2026 took a median 35 days on market (5 sales, miami).
Do cash buyers compete in PARK EAST CONDO?
Cash buyers took 40% of PARK EAST CONDO sales in the 12 months ending July 2026 (2 of 5 closings, miami).
Who is the best real estate agent for PARK EAST CONDO?
The best agent for PARK EAST CONDO is one who actively works Miami and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for PARK EAST CONDO.
How do I find a top Miami real estate agent who knows PARK EAST CONDO?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows PARK EAST CONDO and the wider Miami area.
Can Momentum Realty connect me with an agent for PARK EAST CONDO?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your PARK EAST CONDO purchase or sale - no call center and no pressure.
Buyers seeking an entry-level condo price point with negotiating leverage in a softening marketExcellent fit
Investors comfortable underwriting a thin-closing-volume market and doing their own comp verificationExcellent fit
Buyers prioritizing unit condition and per-square-foot value over building amenitiesExcellent fit
Buyers who want confirmed community amenities like a pool, gym, or clubhouse as part of the purchaseProbably not
Sellers expecting a quick sale or upward price momentum given the current year-over-year declineProbably not
Buyers uncomfortable relying on a small closing sample when evaluating fair market valueProbably not

Data sources & freshness

Community market statsmiami closed sales, 12-month windows ending July 20, 2026
Under-contract sharesmiami records, as of 2026-07-18
Historical depthClosed-sale records back to 2012 (71 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of miami records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the miami member average and 8 days faster, and we’ll price yours against live your area comps.

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CallFree valuation →
Thinking of selling in PARK EAST CONDO? 5 recorded closings; median 35 days on market (window ending 2026-07-20). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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