Monthly Market Detail- March 2025 Single-Family Homes Miami-Dade County
Closed Sales Median Time to Contract
Closed Sales by Sale Price
The number of sales transactions which closed during the month
Economists ' note: Closed Sales are one of the simplest— yet most important— indicators for the residential real estate market. When comparing Closed Sales across markets of different sizes, we recommend comparing the percent changes in sales rather than the number of sales. Closed Sales( and many other market metrics) are affected by seasonal cycles, so actual trends are more accurately represented by year-over-year changes( i. e. comparing a month ' s sales to the amount of sales in the same month in the previous year), rather than changes from one month to the next.
400 350 300 250 200 150 100 50 0
Economists ' note: Like Time to Sale, Time to Contract is a measure of the length of the home selling process calculated for sales which closed during the month. The difference is that Time to Contract measures the number of days between the initial listing of a property and the signing of the contract which eventually led to the closing of the sale. When the gap between Median Time to Contract and Median Time to Sale grows, it is usually a sign of longer closing times and / or declining numbers of cash sales.
50 45 40 35 30 25 20 15 10 5 0
Less than $ 50,000
Less than $ 50,000
March 2024 March 2025
$ 50,000- $ 99,999
$ 50,000- $ 99,999
$ 100,000- $ 149,999
$ 100,000- $ 149,999
$ 150,000- $ 199,999
March 2024 March 2025
$ 150,000- $ 199,999
$ 200,000- $ 249,999
$ 200,000- $ 249,999
$ 250,000- $ 299,999
Median Time to Contract by Sale Price
The median number of days between the listing date and contract date for all Closed Sales during the month
$ 250,000- $ 299,999
Sale Price Closed Sales
Percent Change Year-over-Year
Less than $ 50,000 1 0.0 % $ 50,000- $ 99,999 0-100.0 % $ 100,000- $ 149,999 0 N / A $ 150,000- $ 199,999 0 N / A $ 200,000- $ 249,999 6 200.0 % $ 250,000- $ 299,999 3-50.0 % $ 300,000- $ 399,999 41-16.3 % $ 400,000- $ 599,999 310-17.6 % $ 600,000- $ 999,999 368 1.9 % $ 1,000,000 or more 232-5.3 %
$ 300,000- $ 399,999
Sale Price
$ 50,000- $ 99,999( No Sales) N / A $ 100,000- $ 149,999
Median Time to Contract
Percent Change Year-over-Year
Less than $ 50,000 11 Days-54.2 %
( No Sales) N / A $ 150,000- $ 199,999( No Sales) N / A $ 200,000- $ 249,999 43 Days 760.0 % $ 250,000- $ 299,999
35 Days 218.2 % $ 300,000- $ 399,999 25 Days-26.5 % $ 400,000- $ 599,999 39 Days 39.3 % $ 600,000- $ 999,999 43 Days 38.7 % $ 1,000,000 or more 37 Days-19.6 %
$ 300,000- $ 399,999
$ 400,000- $ 599,999
$ 400,000- $ 599,999
$ 600,000- $ 999,999
$ 600,000- $ 999,999
$ 1,000,000 or more
$ 1,000,000 or more
400 350 300 250 200 150 100 50 0
50 45 40 35 30 25 20 15 10 5 0
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, April 24, 2025. Next data release is Thursday, May 22, 2025.