November 2025
MIAMI DADE - MARKET UPDATE
Miami-Dade County showed mixed conditions in November 2025, with single-family homes maintaining price growth amid rising inventory, while the townhouse/condo segment faced softer pricing and expanded supply. Buyer activity remained present but more deliberate as options increased across both segments.
Miami-Dade Single Family Home
The single-family home market continued to record modest price appreciation, though expanding inventory and supply point to a more measured pace of activity.
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Closed Sales: 754 (⬆ 5.3% year-over-year)
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Median Sales Price: $671,250 (⬆ 3.3% year-over-year)
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Active Inventory: 5,554 (⬆ 16% year-over-year)
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Months’ Supply of Inventory: 6.5 months (up from 5.4 months last year)
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New Listings: 1,253 (⬆ 1.4% year-over-year)
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New Pending Sales: 792 (⬇ 0.5% year-over-year)
Higher inventory levels and slightly lower pending sales indicate a shift toward a more balanced environment for single-family buyers.
Miami-Dade Townhouses and Condo
The townhouse and condo segment experienced reduced sales and pricing pressure, alongside a significant rise in available inventory and overall supply.
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Closed Sales: 764 (⬇ 3.8% year-over-year)
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Median Sales Price: $395,000 (⬇ 9.5% year-over-year)
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Active Inventory: 12,733 (⬆ 12% year-over-year)
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Months’ Supply of Inventory: 14.1 months (up from 11.1 months last year)
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New Listings: 1,848 (⬇ 6.8% year-over-year)
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New Pending Sales: 1,006 (⬆ 17% year-over-year)
Elevated supply continues to favor buyers in the townhouse/condo market, even as pending sales suggest selective demand for well-priced units.
