Miami, FL
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's very weak Miami market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Miami, FL.
The Miami-Fort Lauderdale-West Palm Beach market is currently categorized as Very Weak, with a pending ratio of 0.24 indicating significant demand absorption challenges. Despite a modest year-over-year increase in the pending ratio, the current level reflects a market where active listings substantially outpace demand. Total active listings decreased by 15.0% year-over-year, yet this contraction is insufficient to meaningfully tighten the market given the low demand.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
Job Market
Unemployment rate · Jul 2026
Shows whether local employment conditions are supporting buyer demand.
Miami-Fort Lauderdale-West Palm Beach FL MSA, BLS via FRED
Population & Migration
Data not yet available.
Shows whether the area is gaining or losing potential housing demand.
Miami-Fort Lauderdale-West Palm Beach FL MSA, Census via FRED
Future Housing Supply
New private housing permits · Jul 2026
Shows whether future inventory pressure may increase.
Miami-Fort Lauderdale-West Palm Beach FL MSA building permits, Census via FRED
What's moving the Miami market right now.
Active listings have contracted by 15.0% over the past year, reaching 40,908 units. New listings saw a marginal year-over-year decrease of 1.0%, contributing to a slightly slower replenishment of inventory. Median listing prices declined by 2.0% year-over-year, accompanied by a 0.8% decrease in median price per square foot. The share of price-reduced listings is at 14.6%, representing a 2.8% decrease from the prior year, suggesting some stabilization in pricing adjustments, although the overall trend remains downward.
Waterfront and Brickell driving luxury inflows; insurance reshaping budgets.
“Local pricing and inventory dynamics across Miami shift block by block — happy to walk through what's actually closing.”
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
In this environment, the protracted absorption of inventory places significant pressure on pricing discipline for sellers. The low pending ratio indicates that buyers have considerable leverage in negotiations, with ample selection and less urgency to commit. The pace of transactions is likely to remain subdued, as indicated by the high volume of active listings relative to pending sales.
While median listing prices declined year-over-year, the average listing price increased by 4.9% over the same period, suggesting divergent performance between market segments. This disparity, alongside a stable median square footage, indicates some resilience or elevated pricing within the higher-tier properties despite the broader market's weakness.
40,908 active listings represent the current floor, with new supply arriving at roughly 9,104 per month.
of active listings carry a price reduction, -2.8% from prior period.
Median price per square foot has moved -0.8% year-over-year.
Pending-to-active ratio — Very Weak.
Recommended For This Market
Very WeakSelling in Miami, FL? Homes here are taking 5 days less to sell than last year.
Buyers have leverage in Miami, FL. Homes that sell are the ones priced and presented for today's conditions, not last year's.
- Buyer Demand Index
- 24%
- Median Days on Market
- 85 days
- Inventory YoY
- −15%
In a buyer's market, strategy beats timing. See how your home scores in Miami, FL and what moves the number.
See my Sold Score & selling strategy →Talk to a listing expert who is actively selling in Miami, FL.
Pedro Casanova →Keller Williams Realty
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Metro Demographics
ZIPs in Miami, FL
33160
north miami beach
$600K
1,664 active · 108 DOM
33009
hallandale
$319K
1,052 active · 110 DOM
33139
miami beach
$500K
889 active · 107 DOM
33180
miami
$495K
850 active · 108 DOM
33131
miami
$785K
844 active · 107 DOM
33132
miami
$635K
769 active · 99 DOM
33319
fort lauderdale
$149K
625 active · 113 DOM
33019
hollywood
$595K
622 active · 106 DOM
33062
pompano beach
$557K
607 active · 102 DOM
33137
miami
$790K
561 active · 105 DOM
33308
fort lauderdale
$550K
538 active · 89 DOM
33141
miami beach
$535K
531 active · 91 DOM
33130
miami
$610K
531 active · 95 DOM
33140
miami beach
$767K
479 active · 108 DOM
33313
fort lauderdale
$135K
474 active · 107 DOM
33304
fort lauderdale
$767K
463 active · 92 DOM
33179
miami
$235K
426 active · 90 DOM
33063
pompano beach
$165K
425 active · 90 DOM
Sorted by active inventory · click a ZIP for its full report
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