Miami, FL
Monthly housing intelligence, market trends, and trusted local expertise.
Updated: May 2026
Primpted Sold Score™
How Strong Is Your Miami Home's Selling Position?
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The Miami-Fort Lauderdale-West Palm Beach housing market is Cooling, characterized by a low pending ratio of 0.26, indicating that demand absorption is not keeping pace with available inventory. Despite a YoY increase in the pending ratio, the overall absorption rate remains low, suggesting persistent softness in buyer activity relative to supply. Median listing prices have experienced a modest year-over-year decline of 2.2%, settling at $499,000.
Active listings have contracted by 15.4% year-over-year to 43,929 units, alongside a 5.3% decrease in new listings. This suggests some tightening of supply, but not enough to offset the demand dynamics. The median days on market increased by 2.6% year-over-year to 79 days, pointing to a slower sales velocity. The pending ratio saw a 6.5% increase year-over-year, but from a low base, the current 0.26 indicates that demand is still underperforming relative to the available listings.
Waterfront and Brickell driving luxury inflows; insurance reshaping budgets.
Market Signals & Indicators
With a pending ratio of 0.26, negotiating leverage leans towards buyers due to slower demand absorption. The extended median days on market and the significant number of price reductions suggest that sellers may need to exercise greater price discipline to attract offers. The current market conditions necessitate a more measured approach for both pricing and transaction timelines.
The average listing price increased by 7.2% year-over-year to $1,307,193, while the median listing price decreased by 2.2% to $499,000, indicating a widening spread between high-end and middle-tier properties. This divergence, coupled with a 1.3% year-over-year decline in median $/sqft, suggests some softening within higher price points. The median square footage of 1,328 further emphasizes the shift in market composition.
43,929 active listings represent the current floor, with new supply arriving at roughly 10,064 per month.
of active listings carry a price reduction, -4.4% from prior period.
Median price per square foot has moved -1.3% year-over-year.
Pending-to-active ratio — Cooling.
Metro Demographics
ZIPs in Miami, FL
33160
north miami beach
$619K
1,765 active · 101 DOM
33009
hallandale
$319K
1,137 active · 89 DOM
33139
miami beach
$539K
1,028 active · 103 DOM
33180
miami
$500K
919 active · 99 DOM
33131
miami
$800K
863 active · 94 DOM
33132
miami
$645K
725 active · 99 DOM
33319
fort lauderdale
$155K
690 active · 95 DOM
33062
pompano beach
$575K
687 active · 93 DOM
33019
hollywood
$618K
687 active · 96 DOM
33137
miami
$805K
600 active · 95 DOM
33141
miami beach
$540K
583 active · 96 DOM
33308
fort lauderdale
$555K
574 active · 87 DOM
33140
miami beach
$799K
547 active · 101 DOM
33130
miami
$630K
516 active · 101 DOM
33313
fort lauderdale
$140K
498 active · 87 DOM
33304
fort lauderdale
$895K
483 active · 99 DOM
33322
fort lauderdale
$140K
441 active · 85 DOM
33063
pompano beach
$170K
438 active · 82 DOM
Sorted by active inventory · click a ZIP for its full report
