Statistics in Miami-Dade and Broward March 2025/2026
Monthly Market Summary- March 2026 Single-Family Homes Miami-Dade County
CONCLUSION
In March 2026, the real estate market remains strongly on an upward trajectory, characterized by high prices and active buyers; however, the pace has slowed, and fewer new properties are entering the market—with prices remaining stable—thereby keeping inventory under control.
INFORMATION AND ANALYSIS
The real estate market in March 2026 demonstrates solid growth; closed sales increased by 10.6%, reflecting heightened activity, while the total transaction volume rose by 22.6%. Prices remain stable, showing a slight upward trend. The average price climbed 10.9%, and the median price grew 0.6%, steering the market toward an adjustment. However, the market is moving at a slower pace, with the time required to go under contract increasing by 28%, and the total time to close a sale rising by 13.2%. This resulted in a 17.8% decrease in the number of properties entering the market, while active inventory fell by 7.4%.
Monthly Market Summary-March 2026 Townhouses and Condo Miami-Dade County
CONCLUSION
In the real estate market as of March 2026, we observe that the market is gaining value in terms of both price and volume; however, properties are taking longer to sell, and homeowners are listing fewer new homes for sale. The market is operating almost entirely in a traditional manner.
INFORMATION AND ANALYSIS
As of March 2026, the real estate market is characterized by rising prices, albeit with a significantly slower pace of sales and a reduction in the supply of new properties; specifically, there was a slight increase of 2.9% in the number of closed sales. The median price rose by 1.7%, while the average price increased by 2.3%. The median time to secure a contract rose by 24.1%, and the total time required to close a sale climbed by 13%. A drastic drop of 16.4% was recorded in the volume of new listings entering the market. This occurred alongside a minimal reduction of 1.5% in the average time on market, reflecting a balanced market environment.
Monthly Market Summary-March 2026 Single-Family Homes Broward County
CONCLUSION
In March, the real estate market is active and closing sales; however, it faces a sharp reduction in inventory and a decline in median prices. Buyers remain active—driving up the average price—amidst a slight 2.8% increase in traditional sales.
INFORMATION AND ANALYSIS
In March, closed sales in the real estate market rose by 3.3%. The average price increased by 2.2%, while the median price fell by 5.5%. New listings dropped by 9.7%, and active inventory plummeted by 12.0%. The market is characterized by a higher sales volume, accompanied by a slight downward correction in median prices. The time required to deplete the existing inventory decreased by 11.1%, suggesting that the market is shifting further in favor of sellers due to low supply. We observed a slowdown in the median time to sale—which increased by 5.2%—despite the reduced inventory levels.
Monthly Market Summary-March 2026 Townhouses and Condo Broward County
CONCLUSION
El mercado inmobiliario en Marzo esta inclinado hacia los compradores habiendo mucho inventario disponible y las ventas tardan mas en concretarse donde los vendedores deben aceptar precios mas bajos reflejando un mercado estable.
INFORMATION AND ANALYSIS
In the real estate market in March, we observed stable yet declining sales, with closed transactions falling by a slight 0.6%. The median price dropped by 3.7%, while the average price rose by 6.4%, suggesting an uptick in high-value properties. The median time to go under contract increased by 14.8%, and the total time to close rose by 23%, indicating that the market is moving much more slowly. There was a drastic 19.8% reduction in new properties entering the market, and active inventory declined by 12.2%. The market is currently experiencing longer listing periods.