A broad market with a premium segment
The median sale price was $770,000, while the average was $1,114,608. The $344,608 gap indicates that a smaller group of higher-value closings materially lifted the annual average.
Annual market review
2025 Edgewater Condo Sales Report
A full-year review of MLS-reported Edgewater condo sales — monthly activity, pricing, bedroom segments, quarterly comparisons and the year’s most notable closings.
Published annually · MLS-reported condo sales · independent verification recommended
At a glance
2025 in Edgewater condo sales
Closed condo sales
327
Total dollar volume
$364,476,660
Median sale price
$770,000
Average sale price
$1,114,608
Median $/sq ft
$679
Buildings with sales
33
Monthly activity
Sales volume through the year
Bars show total reported closed-sale volume. The table provides the underlying counts and pricing metrics.
| Month | Units Sold | Total Volume | Median Price | Average Price |
|---|---|---|---|---|
| Jan | 13 | $12,156,000 | $780,000 | $935,077 |
| Feb | 19 | $18,668,000 | $675,000 | $982,526 |
| Mar | 23 | $24,831,000 | $710,000 | $1,079,609 |
| Apr | 29 | $34,038,500 | $830,000 | $1,173,741 |
| May | 24 | $19,433,000 | $562,500 | $809,708 |
| Jun | 40 | $44,325,750 | $865,000 | $1,108,144 |
| Jul | 36 | $48,243,410 | $945,000 | $1,340,095 |
| Aug | 31 | $47,037,200 | $850,000 | $1,517,329 |
| Sep | 20 | $26,471,900 | $850,000 | $1,323,595 |
| Oct | 26 | $29,477,500 | $675,000 | $1,133,750 |
| Nov | 25 | $21,274,000 | $550,000 | $850,960 |
| Dec | 41 | $38,520,400 | $665,000 | $939,522 |
By residence type
Bedroom breakdown
| Residence type | Units Sold | Total Volume | Median Price | Average Price |
|---|---|---|---|---|
| Studio | 4 | $1,082,500 | $265,000 | $270,625 |
| 1 Bedroom | 94 | $44,833,650 | $420,000 | $476,954 |
| 2 Bedrooms | 128 | $108,948,800 | $735,000 | $851,163 |
| 3+ Bedrooms | 101 | $209,611,710 | $1,725,000 | $2,075,363 |
Quarterly comparison
How the year changed quarter by quarter
| Quarter | Units Sold | Total Volume | Median Price | Average Price | Median $/sq ft |
|---|---|---|---|---|---|
| Q1 | 55 | $55,655,000 | $710,000 | $1,011,909 | $678 |
| Q2 | 93 | $97,797,250 | $840,000 | $1,051,583 | $692 |
| Q3 | 87 | $121,752,510 | $860,000 | $1,399,454 | $776 |
| Q4 | 92 | $89,271,900 | $650,000 | $970,347 | $604 |
Notable closings
Top 10 highest Edgewater sales
| Building | Unit | Sale Date | Sale Price | $/sq ft |
|---|---|---|---|---|
| Biscayne Beach | #5102 | Aug 1, 2025 | $9,050,000 | $1,073 |
| Aria Reserve | #PH | Aug 11, 2025 | $7,600,000 | $968 |
| Elysee | #5602 | Feb 4, 2025 | $4,500,000 | $1,289 |
| Missoni Baia | #402 | Jul 29, 2025 | $4,500,000 | $1,036 |
| Missoni Baia | #5503 | Sep 17, 2025 | $4,225,000 | $1,113 |
| Missoni Baia | #4003 | Apr 11, 2025 | $4,025,000 | $1,063 |
| Elysee | #4601 | Aug 15, 2025 | $4,000,000 | $1,156 |
| Missoni Baia | #5203 | Dec 30, 2025 | $4,000,000 | $1,054 |
| Aria Reserve | #PH-5902 | Sep 11, 2025 | $3,850,900 | $1,284 |
| Aria Reserve | #5602 | Dec 12, 2025 | $3,800,000 | $1,192 |
Highest sale$9,050,000
Biscayne Beach · #5102
Highest $/sq ft$1,489
Aria Reserve · #5307B
Building activity
Top 12 most active Edgewater buildings in 2025
Ranked by closed sales, then total volume. Building-level medians are useful only as a starting point: views, floor, unit condition, line, timing and carrying costs can materially change a unit’s value.
| Building | Sales | Total Volume | Median Sale | Median $/sq ft |
|---|---|---|---|---|
| Aria on the Bay | 24 | $21,696,250 | $657,500 | $696 |
| Quantum on the Bay | 24 | $13,295,000 | $470,000 | $538 |
| One Paraiso | 23 | $33,472,500 | $1,425,000 | $983 |
| Missoni Baia | 22 | $51,190,000 | $2,275,000 | $1,014 |
| Aria Reserve | 20 | $52,723,010 | $2,522,900 | $977 |
| 1800 Club | 19 | $13,660,000 | $600,000 | $511 |
| Paraiso Bayviews | 19 | $12,778,500 | $580,000 | $670 |
| Paramount Bay | 18 | $27,297,000 | $1,460,000 | $866 |
| Opera Tower | 18 | $6,854,500 | $330,000 | $442 |
| Biscayne Beach | 16 | $28,976,000 | $1,092,500 | $867 |
| Paraiso Bay | 16 | $17,172,000 | $905,000 | $867 |
| Cite on the Bay | 14 | $6,318,400 | $417,500 | $415 |
Market interpretation
What the 2025 data suggests
Observations below describe patterns in the reported sales data. They do not predict future performance or replace building-level due diligence.
Cash played a major role
Cash purchases accounted for 172 of 327 condo sales (53%). Conventional financing accounted for 143 sales, while FHA financing appeared in 1 sale. The remaining 11 transactions had another or unrecorded financing classification. This does not identify buyer motivations, but it confirms that cash was a major part of the year’s activity.
Final pricing favored patient buyers
Among 310 sales with a recorded final list price, 283 closed below asking, 22 at asking, and 5 above asking. The average final-list discount was 5.4% and the median was 5.3%. Median cumulative days on market among 321 reported sales was 132 days; the average was 191 days, which is more affected by long-running listings.
Activity was strongest in the second half
Q3 generated the year’s highest total volume at $121,752,510, with 87 sales and a median price of $860,000. Jul produced the highest monthly volume at $48,243,410, while Dec recorded the most closings with 41.
Larger residences drove a disproportionate share of volume
Three-bedroom-and-larger residences represented 101 of 327 sales (31%), yet accounted for 58% of annual dollar volume. Aria Reserve and Missoni Baia led the neighborhood by total recorded volume at $52,723,010 and $51,190,000, respectively.
The most active residence type
128 2-bedroom residences closed in 327 total sales (39% of activity), with a median sale price of $735,000.
Methodology
How this annual report works
Source: Miami Realtors MLS. This report includes MLS-reported closed condominium sales matched to the approved Edgewater building universe during calendar year 2025. Sale dates are MLS closing dates and may differ from county-recorded dates. Price-per-square-foot metrics exclude sales without usable living-area data. Final list-price and days-on-market observations are limited to records where those fields were reported. Information is provided for educational purposes and should be independently verified before making financial, legal or real-estate decisions.