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How competitive is the Miami housing market?

P

Primpted Housing Analyst

Updated monthly · Data through May 2026 · v265

Data-backed
Sold Score
46/100
YoY Fair Chance of Selling
Pending ratio
0.39
YoY contracts vs active
Inventory YoY
+0.1%
YoY active listings
Median DOM
59
YoY days on market
Price cuts
17.4%
YoY of active listings
Miami is moderately competitive as of May 2026, with a Sold Score of 46/100 (Fair Chance of Selling). **Pending ratio** is 0.39 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +5.5% — more choices for buyers than a year ago. **Median days on market** is 59. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 17.4% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 46/100 (Fair Chance of Selling) · Pending ratio: 0.39 · Inventory YoY: +5.5% · Median days on market: 59 · Sellers cutting price: 17.4% · Median listing price: $209,450 (+7.5% YoY)

Miami snapshot

As of the latest 2026 data
Median listing
$209K
YoY +0.1%
Active inventory
125
YoY +0.1%
Median DOM
61
YoY -0.1%
Pending ratio
0.36
YoY +0.0%
Price-reduced
14.5%
YoY -0.1%

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