Statistics in Miami-Dade and Broward May 2025/2026
Monthly Market Summary- May 2026 Single-Family Homes Miami-Dade County
CONCLUSION
In May 2026, the real estate market showed stronger activity, yet a significant reduction in available inventory signaled heightened competition among buyers. It was a more dynamic market characterized by increased sales, a larger pool of active buyers, relatively high prices, and lower inventory levels. Furthermore, properties sold more quickly. Consequently, the market favored sellers, driven by solid demand and limited supply.
INFORMATION AND ANALYSIS
In May 2026, closed sales rose by 11.2%, and the median sales price increased by 6.4%; sales volume grew by 23.4% and pending inventory rose by 21.5% amidst higher buyer activity. The median time to enter into a contract decreased by 20.4%, and the total median time to sell dropped by 14.9% as properties sold faster. Available properties fell by 24.9%—with the total supply of listings shrinking by 34.9%, a trend favoring sellers—though the average sales price saw an 8.7% decline.
Monthly Market Summary-May 2026 Townhouses and Condo Miami-Dade County
CONCLUSION
In May 2026, the real estate market remains completely dominated by traditional sales and presents a healthy outlook, characterized by an increase in such sales. Sales volume is rising alongside a slight decline in the median property price, signaling a better balance between supply and demand and creating greater opportunities for buyers.
INFORMATION AND ANALYSIS
IIn May 2026, closed sales increased by 5.4%, while the median price decreased by 2.4% and the average price fell by 9.1%; this indicates higher transaction activity alongside a slight price reduction in a buyer-friendly market. Consequently, total sales volume decreased by 4.2%. Properties took slightly longer to sell, yet pending sales rose by 7.7% and new listings grew by 5.6%, accompanied by a 12.4% increase in pending inventory. However, active inventory declined by 8.9%, signaling a reduction in the number of available homes, though a substantial number of properties remain on the market.
Monthly Market Summary-May 2026 Single-Family Homes Broward County
CONCLUSION
In May 2026, the real estate market presents a positive and dynamic outlook, characterized by an increase in sales and transaction values; prices continue to rise, and homes are selling more quickly. At the same time, the reduction in available inventory and the rise in pending sales indicate that demand remains strong, maintaining a market that favors sellers..
INFORMATION AND ANALYSIS
In May 2026, closed sales rose by 3.2%; prices continued to climb, with the median price increasing by 0.8% and the average price growing more sharply by 7.1%, alongside a 10.6% increase in total sales volume—a scenario in which sellers achieved better negotiation outcomes. The time to sign a contract decreased by 3%, and the total time to sale fell by 5%. New pending sales rose by 11.4%, indicating continued strong demand, while the number of properties for sale declined by 23.7%.
Monthly Market Summary-May 2026 Townhouses and Condo Broward County
CONCLUSION
In May 2026, the real estate market shows a slight slowdown in closed sales but maintains solid fundamentals. Stable median prices, rising average prices, an increase in pending sales, and reduced inventory suggest that demand remains present—even though buyers are taking longer to finalize transactions—as the market moves toward greater balance amidst limited supply and a positive future outlook.
INFORMATION AND ANALYSIS
In May 2026, closed sales decreased by 1.5%; the median price remained stable, while the average price rose by 5.0%, suggesting a higher volume of sales for higher-value properties. Total sales volume grew by 3.4%, accompanied by a slight increase in the amount sellers received. However, properties took slightly longer to sell, with the median time to contract signing rising by 2% and the total time to sale increasing by 3%. Pending sales rose by 6.0%, indicating continued active demand and the potential for more closings in the coming months. New listings declined by 7.2%, reducing the supply entering the market; active inventory fell by 16.9%, and overall available supply decreased.