RealTrends Market Report

Miami, FL

Single-Family Homes

Want your own branded market report? Visit www.altosresearch.com



Miami, FL

Wed Jun 17 2026
This week the median list price for Miami, FL is $825,000 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has decreased to 2,090. Click here to stay informed with the Miami market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Miami, FL

Wed Jun 17 2026
This week the median list price for Miami, FL is $825,000 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has decreased to 2,090. Click here to stay informed with the Miami market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Miami market.
Median List Price $825,000
Median Price of New Listings $690,000
Per Square Foot $469
Average Days on Market 142
Median Days on Market 91
Price Decreased 33%
Price Increased 2%
Relisted 9%
Inventory 2,090
Median Rent
Market Action 34
Slight Seller's Advantage

The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,600,000 3,398 0.25 - 0.5 acre 5 4 35 20 50 112
$999,999 2,111 6,500 - 8,000 sqft 4 3 57 34 68 84
$725,000 1,785 4,500 - 6,500 sqft 4 2 47 37 74 84
$539,000 1,287 4,500 - 6,500 sqft 3 2 69 54 76 63