January 2026
MIAMI DADE - MARKET UPDATE
January set an interesting tone for the Miami-Dade County real estate market, with buyers and sellers both finding reasons to feel optimistic. Whether you are searching for a single-family home or a townhouse and condo, the data tells a story of steady momentum, shifting inventory, and a market that continues to evolve in meaningful ways.
Miami-Dade Single Family Home
The single-family home market kicked off 2026 on solid footing. Closed sales reached 661, up 2.8% from a year ago, signaling that motivated buyers are still showing up and making deals happen. The median sale price climbed to $699,990, a 3.7% increase year over year, reflecting sustained demand in this segment. Active inventory grew to 5,433 homes, up 9.0%, giving buyers a wider selection than they had last January. Months supply of inventory rose to 6.4 months, up from 5.6 months a year ago, nudging the market slightly more toward balance. New listings surged 12% to 1,829, and new pending sales reached 927, up 4.6%, suggesting the pipeline heading into spring looks healthy.
Miami-Dade Townhouses and Condo
The townhouse and condo side of the market is telling a different story, one defined by growing supply and evolving buyer behavior. Closed sales came in at 732, essentially flat with a tiny 0.1% dip from last year. The median sale price reached $420,000, a 1.2% uptick year over year. Active inventory expanded significantly to 12,509 units, up 4.2%, and months supply of inventory climbed to 13.7 months, up from 11.9 months a year ago. New listings rose 10% to 2,880, while new pending sales jumped 8.5% to 997, a promising sign that buyers are beginning to engage with the growing selection available.
Miami-Dade County is entering 2026 with a market that rewards preparation and local knowledge. Whether you are buying, selling, or simply keeping an eye on your investment, understanding these shifts can make all the difference.
Ready to make your next move? Contact The Branham Group today and let our expertise guide you through the Miami-Dade market with confidence.
