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Are sellers cutting prices in Miami?

Miami snapshot

As of the latest 2026 data
Median listing
$490K
YoY -0.0%
Active inventory
41,277
YoY -0.1%
Median DOM
85
YoY -0.0%
Pending ratio
0.23
YoY +0.0%
Price-reduced
14.9%
YoY -0.0%
P

Primpted Housing Analyst

Data-backed

Primpted research desk

Yes, some sellers in Miami are cutting prices, but this is happening a bit less often now than it was last year. About 14.9% of homes for sale currently have a price reduction.

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