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

Closed Sales
Monthly Market Detail- July 2026 Townhouses and Condos Miami-Dade County
Summary Statistics
July 2026
July 2025
Percent Change Year-over-Year
Closed Sales Paid in Cash
1,026 921 11.4 % 487 449 8.5 %
Median Sale Price $ 400,000
$ 406,000-1.5 %
Average Sale Price Dollar Volume
$ 689,289 $ 838,728-17.8 % $ 707.2 Million $ 772.5 Million-8.4 %
Median Percent of Original List Price Received
93.1 % 92.7 % 0.4 %
Median Time to Contract 86 Days 65 Days 32.3 %
Median Time to Sale
125 Days
107 Days
16.8 %
New Pending Sales New Listings
1,043 1,690
1,032 1.1 %
1,967-14.1 %
Pending Inventory 1,588 Inventory( Active Listings) 11,324 Months Supply of Inventory 12.0
1,522 4.3 % 12,838-11.8 % 14.1-14.9 %

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
July 2026
6,787
1,026
6.8 % 11.4 %
June 2026
1,058
12.0 %
May 2026
1,022
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%
3,000 2,500 2,000 1,500 1,000
500 0
2022 2023 2024 2025 2026
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
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 Monday, August 17, 2026. Next data release is Wednesday, September 16, 2026.