Miami-Dade County Monthly Market Report - March March 2025 | Page 17

Pending Sales New Listings
Monthly Market Detail- April 2025 Townhouses and Condos Miami-Dade County

New Pending Sales

The number of listed properties that went under contract during the month
Economists ' note: Because of the typical length of time it takes for a sale to close, economists consider Pending Sales to be a decent indicator of potential future Closed Sales. It is important to bear in mind, however, that not all Pending Sales will be closed successfully. So, the effectiveness of Pending Sales as a future indicator of Closed Sales is susceptible to changes in market conditions such as the availability of financing for homebuyers and the inventory of distressed properties for sale.
Month
New Pending Sales
Percent Change
Year-over-Year
Year-to-Date
4,183
-21.0%
April 2025
1,060
-25.2%
March 2025
1,095
-21.3%
February 2025
1,109
-18.8%
January 2025
919
-17.9%
December 2024
517
-41.9%
November 2024
861
-14.4%
October 2024
927
-13.7%
September 2024
976
-15.3%
August 2024
1,069
-19.1%
July 2024
1,099
-11.4%
June 2024
1,128
-19.9%
May 2024
1,287
-13.2%
April 2024
1,418
0.1 %
3,500 3,000 2,500 2,000 1,500 1,000
500 0
2021 2022 2023 2024
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A

New Listings

The number of properties put onto the market during the month
Economists ' note: New Listings tend to rise in delayed response to increasing prices, so they are often seen as a lagging indicator of market health. As prices rise, potential sellers raise their estimations of value— and in the most recent cycle, rising prices have freed up many potential sellers who were previously underwater on their mortgages. Note that in our calculations, we take care to not include properties that were recently taken off the market and quickly relisted, since these are not really new listings.
Month
New Listings
Percent Change
Year-over-Year
Year-to-Date
9,971
7.2 %
April 2025
2,338
4.6 %
March 2025
2,537
12.4 %
February 2025
2,487
4.8 %
January 2025
2,609
6.9 %
December 2024
1,825
18.4 %
November 2024
1,982
2.1 %
October 2024
2,166
4.5 %
September 2024
2,190
13.6 %
August 2024
2,191
9.4 %
July 2024
2,054
19.0 %
June 2024
2,057
16.0 %
May 2024
2,184
13.5 %
April 2024
2,235
30.8 %
3,500 3,000 2,500 2,000 1,500 1,000
500 0
2021 2022 2023 2024
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A
Produced by Florida Realtors ® with data provided by Florida ' s multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month. Data released on Thursday, May 22, 2025. Next data release is Monday, June 22, 2025.