Altos Market Data for Realtors

Miami, FL

Single-Family Homes

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Miami, FL

Sat Oct 17 2026
This week the median list price for Miami, FL is $809,999 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has increased to 2,144. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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

Sat Oct 17 2026
This week the median list price for Miami, FL is $809,999 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has increased to 2,144. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $809,999
Median Price of New Listings $750,000
Per Square Foot $464
Average Days on Market 141
Median Days on Market 84
Price Decreased 33%
Price Increased 2%
Relisted 9%
Inventory 2,144
Median Rent
Market Action 32
Slight Seller's Advantage

The market appears to be hovering around these current levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$2,397,000 3,218 0.25 - 0.5 acre 5 4 40 24 29 126
$970,000 2,075 6,500 - 8,000 sqft 4 3 53 35 33 77
$716,250 1,764 4,500 - 6,500 sqft 4 2 47 42 45 70
$534,000 1,272 4,500 - 6,500 sqft 3 2 71 39 55 77