Are buyers active in Miami?

Buyer demand in Miami is **cautious** as of September 2026. The pending ratio is 0.23 — that's contracts under negotiation versus the homes available to buy. Homes take a median of 85 days to go under contract. Inventory is -12.3% year over year — fewer choices means buyers who do show up have to move quickly. Sellers are responding: 21.9% of listings have cut price. Overall, the Primpted Sold Score for Miami is 36/100 (Challenging Market Conditions). — Live indicators (September 2026): Sold Score: 36/100 (Challenging Market Conditions) · Pending ratio: 0.23 · Inventory YoY: -12.3% · Median days on market: 85 · Sellers cutting price: 21.9% · Median listing price: $490,000 (-2.0% YoY)