October 2025
MIAMI DADE - MARKET UPDATE
Miami-Dade County’s housing market in October 2025 continued to show steady forward momentum. Buyer engagement strengthened across both single-family homes and the townhouse/condo segment, while inventory expanded enough to offer more selection without cooling demand. Prices held firm overall, and contract activity remained solid as more sellers entered the market.
Miami-Dade Single Family Home
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Closed Sales: 887 — up 6.9% year-over-year, reflecting consistent buyer activity.
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Median Sales Price: $682,000, a 1.7% increase, showing price stability amid growing supply.
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Active Inventory: 5,498 homes, 18% higher than last year, giving buyers more options.
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Months’ Supply of Inventory: 6.5 months, rising from 5.2 months, suggesting a market easing toward balance.
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New Listings: 1,479, up 11%, as more homeowners brought properties to market.
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New Pending Sales: 987, up 16%, indicating that demand remained strong despite increased inventory.
Miami-Dade Townhouses and Condo
The townhouse and condo segment saw increased buyer participation, even as inventory continued to build.
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Closed Sales: 1,003, up 6.8% from last year.
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Median Sales Price: $400,000, down 3.6%, reflecting wider supply and more competitive pricing.
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Active Inventory: 12,660 units, a 16% increase, expanding choices across all price points.
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Months’ Supply of Inventory: 13.9 months, up from 10.6 months, underscoring a heavily supplied segment.
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New Listings: 2,128, down 1.8%, showing a modest pullback in seller activity.
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New Pending Sales: 1,018, up 9.8%, pointing to improving buyer confidence as prices adjust.
