RealTrends Market Report

Miami, FL

Single-Family Homes

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Miami, FL

Tue Sep 22 2026
This week the median list price for Miami, FL is $819,900 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 2,051. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Miami, FL

Tue Sep 22 2026
This week the median list price for Miami, FL is $819,900 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 2,051. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Miami market.
Median List Price $819,900
Median Price of New Listings $759,500
Per Square Foot $465
Average Days on Market 143
Median Days on Market 84
Price Decreased 32%
Price Increased 2%
Relisted 9%
Inventory 2,051
Median Rent
Market Action 32
Slight Seller's Advantage

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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 3,272 0.25 - 0.5 acre 5 4 38 25 35 119
$975,000 2,076 6,500 - 8,000 sqft 4 3 54 35 33 84
$715,000 1,742 4,500 - 6,500 sqft 4 2 46 34 46 63
$530,000 1,283 4,500 - 6,500 sqft 3 2 71 40 45 77