Statistics in Miami-Dade and Broward May 2025/2026
Monthly Market Summary- May 2026 Single-Family Homes Miami-Dade County
CONCLUSION
In April 2026, the real estate market showed increased sales activity and demand, although properties are taking longer to sell and median prices remain relatively stable. Strong demand is evident, with more closed sales, more contracts, and a higher volume of transactions; while the median price dipped slightly, the average price rose and available inventory decreased. Activity continues to grow, driven by more active buyers and less available inventory.
INFORMATION AND ANALYSIS
In April 2026, closed traditional sales increased by 8.6%, and new pending sales rose by 17.1%, representing solid demand. Median sales prices saw a slight decrease of 1.5%, while the average sales price rose by 5.0% and total sales volume grew by 14.1%. The median time to secure a contract increased by 21.6%, and the time to close the sale rose by 7.9%. New listings decreased by 11.6% and pending inventory rose by 16.4%, alongside a 14.5% reduction in active inventory.
Monthly Market Summary-May 2026 Townhouses and Condo Miami-Dade County
CONCLUSION
In April 2026, the real estate market is showing moderate growth in sales and prices, with an increase in available inventory focused on traditional sales. The market is characterized by stable, rising prices, a higher number of closed sales, strong growth in pending contracts, and ample inventory, pointing toward market stability.
INFORMATION AND ANALYSIS
In April 2026, closed traditional sales rose by 2.8%, the median sales price increased by 1.1%, and the average sales price rose by 6.1%, resulting in a 9.1% increase in total sales volume. Median prices for properties going under contract rose slightly by 1.6%, and the time to close decreased by 1.0%. New listings fell by 13.0% and pending inventory rose by 15.0%; active inventory decreased by 10.1%, while new pending contracts saw a 9.2% increase.
Monthly Market Summary-May 2026 Single-Family Homes Broward County
CONCLUSION
In April 2026, the real estate market is more dynamic, characterized by higher sales, more pending contracts, and a greater volume of transactions; a reduction in inventory and shorter time-on-market favor sellers in this more competitive environment. This suggests a healthier market with few signs of real estate distress.
INFORMATION AND ANALYSIS
In April 2026, closed traditional sales rose by 7.6%, and new pending sales increased by 19.71%—a positive sign for the coming months—while pending inventory grew by 16.7%. Median sales prices decreased by 1.6%, whereas the average sales price rose by 2.4%. The median time to secure a contract increased by 17.5%, while the time to sale decreased by 6.4%. New listings fell by 10.1%, active inventory dropped by 18.2%, and the months of inventory decreased by 19.3%..
Monthly Market Summary-May 2026 Townhouses and Condo Broward County
CONCLUSION
In April 2026, the real estate market remains stable, pointing toward price stabilization and a reduction in available supply.
INFORMATION AND ANALYSIS
In April 2026, closed traditional sales increased by 1.8%, the median sales price rose by 4.4%, and the average sales price decreased by 7.9%; the time to close a contract rose by 7.0%, and the total median time to close the sale increased by 5.5%. New listings fell by 18.2%, and total active inventory decreased by 15.3%, alongside a 10.6% reduction in the time required to secure an offer.