Miami-Dade County Monthly Market Report - May March 2025 | Page 14

Closed Sales
Monthly Market Detail- May 2026 Townhouses and Condos Miami-Dade County
Summary Statistics
May 2026
May 2025
Percent Change Year-over-Year
Closed Sales Paid in Cash
1,022 970 5.4 % 508 488 4.1 %
Median Sale Price $ 415,000
$ 425,000-2.4 %
Average Sale Price Dollar Volume
$ 800,443 $ 880,597-9.1 % $ 818.1 Million $ 854.2 Million-4.2 %
Median Percent of Original List Price Received
93.8 % 93.3 % 0.5 %
Median Time to Contract 64 Days 63 Days 1.6 %
Median Time to Sale
106 Days
104 Days
1.9 %
New Pending Sales New Listings
1,127 2,228
1,046 7.7 %
2,109 5.6 %
Pending Inventory 1,773 Inventory( Active Listings) 12,016 Months Supply of Inventory 12.9
1,578 12.4 % 13,192-8.9 % 14.0-7.9 %

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
May 2026
4,703
1,022
4.8 % 5.4 %
April 2026
1,033
2.8 %
March 2026
1,071
2.9 %
February 2026
845
14.7 %
January 2026
732
-0.1%
December 2025
1,009
7.9 %
November 2025
764
-3.7%
October 2025
1,003
6.8 %
September 2025
904
2.4 %
August 2025
903
-15.0%
July 2025
921
-17.3%
June 2025
945
-12.8%
May 2025
970
-25.1%
3,000 2,500 2,000 1,500 1,000
500 0
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
Produced by Florida Realtors ® with data provided by Florida ' s multiple listing services. Statistics for each month compiled from MLS feeds on the 10th day of the following month. Data released on Tuesday, June 16, 2026. Next data release is Friday, July 17, 2026.