Market Report

Market Report

Miami City, FL

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% of Asking Price
All Property Types
93%
May 2026
0.7%
since
What kind of market is it?
Buyer's Market
Seller Market
12.0 Months of Supply
What's this mean?

Buyer's Market: More than 6 months of inventory based on closed sales

Seller's Market: Less than 3 months of inventory based on closed sales

Neutral's Market: 3-6 months of inventory based on closed sales

Buyer Market
May 2026
32.2%
since
Avg. Days on Market
All Property Types
97 Days
May 2026
2.5%
since
Monthly Inventory
Number of listings on the market at
any point during May of 2026
4,655 Properties
4,338 Single Family
0 Land/Farm
3,437 Condo
May 2026
230.1%
since
Miami City / May 2026 / All Property Types
Monthly Supply of Inventory
Total Homes Sold
All Property Types
329 Homes
May 2026
169.7%
since
Miami City / May 2026 / All Property Types
Homes Sold By Price Range
New Listings
All Property Types
732 Homes
May 2026
125.2%
since
Miami City / May 2026 / All Property Types
Homes Listed By Price Range
Homes Sold
All Property Types / Year to Date
1,618 Homes
Jan 2026 - May 2026
249.5%
since
Average Sales Price
All Property Types
$1.2M Median Price - $650K
May 2026
9.6%
since
Average Price / SqFt
All Property Types
$676 / SqFt
May 2026
3.7%
since

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