September 2025
MIAMI DADE - MARKET UPDATE
Miami-Dade County’s housing market remained active in September 2025, reflecting steady buyer demand and growing inventory across both single-family homes and townhouse/condo properties. Price trends held firm while increased supply signaled more balance between buyers and sellers.
Miami-Dade Single Family Home
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Closed Sales: 865 (up 6.9% YoY)
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Median Sales Price: $665,000 (up 1.8% YoY)
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Active Inventory: 5,437 (up 21% YoY)
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Months’ Supply of Inventory: 6.5 months (up from 5.1 a year ago)
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New Listings: 1,373 (down -7.2% YoY)
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New Pending Sales: 921 (up 9.8% YoY)
Single-family homes continued to attract strong interest, with higher closed and pending sales showing consistent buyer activity. The rise in available inventory is giving buyers more negotiating room while keeping price appreciation modest and steady.
Miami-Dade Townhouses and Condo
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Closed Sales: 904 (up 2.4% YoY)
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Median Sales Price: $420,000 (no change YoY)
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Active Inventory: 12,620 (up 20% YoY)
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Months’ Supply of Inventory: 14.0 months (up from 10.1 a year ago)
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New Listings: 1,959 (down -11% YoY)
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New Pending Sales: 1,012 (up 3.7% YoY)
The townhouse and condo market experienced steady sales and balanced pricing, even as listings declined slightly. Expanding inventory levels indicate a slower pace of absorption, giving buyers greater flexibility and more choices across the county’s diverse neighborhoods.
