Are buyers active in Miami?

Buyer demand in Miami is **cautious** as of July 2026. The pending ratio is 0.24 — that's contracts under negotiation versus the homes available to buy. Homes take a median of 85 days to go under contract. Inventory is -16.9% year over year — fewer choices means buyers who do show up have to move quickly. Sellers are responding: 21.2% of listings have cut price. Overall, the Primpted Sold Score for Miami is 39/100 (Challenging Market Conditions). — Live indicators (July 2026): Sold Score: 39/100 (Challenging Market Conditions) · Pending ratio: 0.24 · Inventory YoY: -16.9% · Median days on market: 85 · Sellers cutting price: 21.2% · Median listing price: $495,000 (-2.9% YoY)