Statistics in Miami-Dade and Broward October 2024/2025
Monthly Market Summary- October 2025 Single-Family Homes Miami-Dade County
CONCLUSION
The market in October 2025 reflects a greater balance, trending towards steady growth in both volume and prices at a moderate pace. We are seeing more money circulating, with more room for buyers to negotiate, thus balancing supply and demand.
INFORMATION AND ANALYSIS
In October 2025, the market showed increased activity and inventory, with stable prices but longer transaction times. Closed sales increased by 6.9%. The median price rose by 1.7%, and the average price increased by 6.7%. The time under contract increased by 51.5%, and the average time on the market rose by 20.3%. Similarly, new listings increased by 11.1%, and active inventory increased by 18%. Months of inventory rose by 25%.
Monthly Market Summary- October 2025 Townhouses and Condo Miami-Dade County
CONCLUSION
The market in October 2025 continues to be active, but prices are showing a downward adjustment, giving buyers greater negotiating power; although the total volume remains stable with an increase in sales, properties are taking longer to sell. The market is more active in terms of the number of transactions, but with a downward price adjustment. This scenario favors strategic and skilled negotiators among buyers.
INFORMATION AND ANALYSIS
The market in October 2025 shows increased activity and price pressure, leading to a slower pace of sales. We observed a 6.8% increase in closed sales. Due to price pressure, the median price decreased by 3.6%, and the average price decreased by 5.2%. We also saw more price reductions, and the time under contract increased by 41.2%, while the time on the market increased by 23.6%. Active inventory grew by 15.7%, and the months of inventory also increased by 31.7%.
Monthly Market Summary- October 2025 Single-Family Homes Broward County
CONCLUSION
The October 2025 market remains balanced and stable, experiencing active demand, albeit with a slight price reduction, more money changing hands, and a higher number of transactions. However, longer selling times indicate less pressure from buyers, and inventory is increasing.
INFORMATION AND ANALYSIS
The October 2025 market shows solid upward activity with increased inventory and longer market times, moving towards equilibrium. Closed sales increased by 3.6%. The median price saw a decrease of 0.6%, while the average price rose by 4%. Time to contract increased by 44.7%, and time to sell increased by 16.5%. New listings grew by 3.3%, and active inventory increased by 17%.
Monthly Market Summary-October 2025 Townhouses and Condo Broward County
CONCLUSION
The market in October 2025 is more active, with an increase in transactions, but prices continue to adjust downwards, giving buyers more room to negotiate and resulting in properties taking longer to sell. We are seeing more closed sales at lower prices and slower sales overall due to the high inventory.
INFORMATION AND ANALYSIS
The October 2025 market showed increased sales activity, but with prices adjusting downward and higher inventory levels. Sales closed with a 10.6% increase. The median sales price decreased by 7.5%, and the average price fell by 5.7%. The average time to contract increased by 37.5%, and the average time to sell rose by 23.7%. Active inventory increased by 11.9%, and the average time on the market was 27.2% longer.