Miami-Dade County Monthly Market Report - May March 2025 | Page 12

Closed Sales
Monthly Market Detail- October 2025 Townhouses and Condos Miami-Dade County
Summary Statistics
October 2025
October 2024
Percent Change Year-over-Year
Closed Sales Paid in Cash
1,003 939 6.8 % 510 431 18.3 %
Median Sale Price $ 400,000
$ 415,000-3.6 %
Average Sale Price Dollar Volume
$ 653,018 $ 688,759-5.2 % $ 655.0 Million $ 646.7 Million 1.3 %
Median Percent of Original List Price Received
92.9 % 94.7 %-1.9 %
Median Time to Contract 72 Days 51 Days 41.2 %
Median Time to Sale
110 Days
89 Days
23.6 %
New Pending Sales New Listings
1,018 2,128
927 9.8 %
2,166-1.8 %
Pending Inventory 1,465 Inventory( Active Listings) 12,660 Months Supply of Inventory 13.9
1,405 4.3 % 10,946 15.7 % 10.6 31.1 %

Closed Sales

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.
Month
Closed Sales
Percent Change
Year-over-Year
Year-to-Date
9,162
-12.3%
October 2025
1,003
6.8 %
September 2025
904
2.4 %
August 2025
903
-13.0%
July 2025
921
-17.3%
June 2025
945
-12.9%
May 2025
970
-25.1%
April 2025
1,005
-21.3%
March 2025
1,041
-5.4%
February 2025
737
-21.7%
January 2025
733
-4.8%
December 2024
935
-2.6%
November 2024
794
-15.9%
October 2024
939
-14.6%
3,000 2,500 2,000 1,500 1,000
500 0
2021 2022 2023 2024 2025
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 M J J A S O
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, November 20, 2025. Next data release is Friday, December 19, 2025.