December 2025
MIAMI DADE - MARKET UPDATE
The Miami-Dade County housing market closed out 2025 with a fascinating mix of robust sales activity and cautious pricing adjustments. While buyers found more inventory to choose from and sellers navigated a slightly softer pricing environment, the overall picture reveals a market finding its equilibrium after years of dramatic swings.
Miami-Dade Single Family Home
Single-family home sales climbed 3.7% year over year, with 860 closings in December. The median sale price settled at $660,000, representing a modest 2.2% decline from last year. Perhaps the most telling indicator of market conditions is the months of inventory, which rose from 5.2 to 6.2 months, suggesting a gradual shift toward a more balanced market. Active inventory increased 12% to 5,251 homes, giving buyers more options than they've had in recent years. New listings edged up just 1.0% to 1,097, while new pending sales surged an impressive 99% to 802, signaling renewed buyer confidence as the year wrapped up.
Miami-Dade Townhouses and Condo
The townhouse and condo segment saw even stronger sales growth, with closings up 7.9% to reach 1,009 transactions. The median price of $420,000 dipped 2.3% from the previous year, making this segment increasingly attractive to first-time buyers and investors alike. Inventory conditions here tell an interesting story: active inventory rose 6.7% to 12,015 units, while months of inventory increased from 11.1 to 13.2 months. New listings fell 14% to 1,566, yet new pending sales jumped 63% to 842, suggesting buyers are actively engaging with available inventory even as fewer new properties hit the market.
Miami-Dade County's December data reveals a market recalibrating after years of rapid appreciation. Slight price corrections combined with strong sales activity create opportunities for serious buyers, while increased inventory gives them negotiating power they haven't enjoyed recently.
Ready to navigate Miami-Dade County's evolving real estate landscape? Contact The Branham Group today for expert guidance tailored to your goals.