Miami-Dade County Real Estate Market Update – February 2026

Miami-Dade Country Real Estate News

Miami-Dade continues to show steady growth as we move toward the heart of the spring market. Prices are rising, sales are up, and contract activity is strong — all while inventory is expanding slightly. The result is a more balanced, opportunity-rich market where both buyers and sellers can find their footing.

Let’s break it down.

Market Breakdown – February 2026 vs. February 2025

Median Sale Price: $685,000
📈 Up 5% year-over-year
A solid increase in pricing shows continued demand across Miami-Dade. Even with more inventory available, buyers are still willing to compete for desirable homes.

Closed Sales: 733 homes
📈 Up 4% year-over-year
Sales are trending upward, reflecting steady transaction volume and consistent buyer engagement.

Active Inventory: 5,310 homes
📈 Up 3% year-over-year
Inventory is expanding slightly, giving buyers more options and helping to balance the market.

Pending Sales: 1,118 contracts
📈 Up 8% year-over-year
Contracts are rising at a healthy pace, signaling continued momentum into March and April.

Months of Inventory: 6.2 months
📈 Up 7% year-over-year
This places Miami-Dade slightly into buyer-favored territory, creating more room for negotiation compared to last year.

Days on Market: 55 days
📈 Up 20% year-over-year
Homes are taking longer to sell, reinforcing the idea that buyers are being more selective and deliberate.

New Listings: 1,448
🔻 Down 9% year-over-year
Fewer new listings are entering the market, which could help stabilize inventory levels as we move deeper into the year.

What This Means for You

Buyers:
You have more leverage than last year. Inventory is up and homes are taking longer to sell, giving you time to evaluate and negotiate effectively.

Sellers:
Demand is still strong, but competition is increasing. Pricing correctly and presenting your home well will be key to standing out.

Investors:
Miami-Dade continues to offer strong fundamentals. Rising prices and contract activity, combined with manageable inventory levels, create a balanced investment environment.