Market Report — Miami-Dade & South Florida
Real market conditions calculated from live MLS data (Miami Association of REALTORS® via Bridge). Updated: Aug 5, 2026 5:44 AM (Miami)
Showing: Miami-Dade & South Florida · All Property Types · based on 6,076 closed sales in the last 30 days (averages from the 200 most recent)
Current verdict
Buyer's Market
Active Listings
50,214
Properties for sale right now
Closed Sales (30 days)
6,076
Monthly sales velocity
Median Sale Price
$550,000
Middle closed price, recent sales
Months of Inventory (MOI)
8.3
Buyer's Market
0–4 Seller4–6 Balanced6+ Buyer
Avg Days on Market (DOM)
80
Buyer's Market
<30 Seller30–60 Balanced>60 Buyer
Sale vs List Price (SP/LP)
96.1%
Buyer's Market
<97% Buyer97–99%≥100% Seller
How to Read This Report
Months of Inventory (MOI)
How long it would take to sell every active listing at the current sales pace. Under 4 months, homes sell fast and sellers have leverage. Over 6 months, buyers have more choices and negotiating power.
Days on Market (DOM)
Average days from listing to contract. Under 30 days means high demand — expect competition and fast decisions. Over 60 days means buyers can take their time and negotiate.
Sale vs List Price (SP/LP)
100% means homes sold at full asking price. Over 100% signals bidding wars. Under 97% means buyers successfully negotiated discounts off the asking price.
Want to know what this means for YOUR purchase or sale?
The data relating to real estate for sale on this web site comes in part from the participating Associations/MLSs in the Internet Data Exchange (IDX) Program of Miami Association of REALTORS®. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated: 08/05/2026 5:44 AM.
Metrics are approximations calculated from IDX listing data (MOI uses 30-day closed sales as monthly velocity; averages use up to the 200 most recent closed sales). For informational purposes only — not professional real estate, legal or financial advice.