Statistics in Miami-Dade and Broward November 2024/2025
Monthly Market Summary- November 2025 Single-Family Homes Miami-Dade County
CONCLUSION
In November 2025, the market is expected to be more balanced, with prices still strong but more inventory available. Sellers will need to adjust prices, and buyers will have greater negotiating power, leading to a normalization of the market with more inventory in the traditional market and a slight growth in volume and prices.
INFORMATION AND ANALYSIS
In November 2025, closed sales increased by 5.3% in an active market, where the median price rose by 3.3% and the average price increased by 4.5%; although prices continue to rise, the pace is moderate. Sales volume increased by 10%, indicating more money circulating in the market. The time to sign a contract increased by 27.8%, and the total time to sell increased by 2.5%. New listings inventory increased by 1.4%, and active inventory increased by 15.8%, with a 20.4% increase in months of inventory.
Monthly Market Summary- November 2025 Townhouses and Condo Miami-Dade County
CONCLUSION
In November 2025, the traditional market showed a decline in both volume and prices, reflecting a slower market with increased pressure on sellers to adjust prices. This indicates that the market is cooling down, with more inventory available but longer selling times and better opportunities for strategic buyers.
INFORMATION AND ANALYSIS
In November 2025, closed sales decreased by 3.8%, showing a slight slowdown in sales volume, with a 9.5% decrease in the median price and a 10.5% increase in the average price. Sales volume increased by 6.4%, time on the market for contracts increased by 44%, and the time to sale increased by 19.4%, indicating a slower market. The inventory of new pending sales increased by 16.8%, with new listings increasing by 6.8%, active inventory rising by 12.5%, and months of inventory increasing by 27%.
Monthly Market Summary- November 2025 Single-Family Homes Broward County
CONCLUSION
In November 2025, traditional sales increased, reflecting greater activity with price adjustments to close deals, resulting in a slight decrease in prices in a more active market with moderate adjustments; the market is more dynamic with increased inventory, creating a more balanced scenario between buyers and sellers.
INFORMATION AND ANALYSIS
In November 2025, closed sales increased by 14.2%, with median prices decreasing by 3.1% and the average price increasing by 1.7%, reflecting a rise in higher-priced sales. Sales volume increased by 16.1%, indicating robust activity, with the time on the market for contracts increasing by 30% and the total sales time increasing by 14.3%, suggesting a more balanced market. With pending new sales inventory rising by 11.9% and new listings decreasing by 11.4%, and active inventory growing by 4.8%, the market is moving towards a healthy equilibrium.
Monthly Market Summary-November 2025 Townhouses and Condo Broward County
CONCLUSION
In November 2025, the market cooled down, with inventory increasing, prices falling, and more opportunities for buyers in a slower market with prices adjusting, although supply remained stable with more options available.
INFORMATION AND ANALYSIS
In November 2025, closed sales decreased by 0.1%, while volume remained stable. The median market price fell by 0.8%, and the average price decreased by 2.1%, showing a clear correction favoring buyers, with a slight slowdown in the total value of sales, which decreased by 2.2%. The time on the market for contracts increased by 29.3%, and the total sales time increased by 13.3%, reflecting a slower market. The inventory of new pending sales decreased by 3.1%, with fewer listings, down 15.2%, and active inventory increased by 7.6%, resulting in a 19.4% increase in months of inventory.