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

Closed Sales
Monthly Market Detail- August 2026 Townhouses and Condos Miami-Dade County
Summary Statistics
August 2026
August 2025
Percent Change Year-over-Year
Closed Sales Paid in Cash
911 903 0.9 % 460 434 6.0 %
Median Sale Price $ 408,000
$ 410,000-0.5 %
Average Sale Price Dollar Volume
$ 726,211 $ 743,868-2.4 % $ 661.6 Million $ 671.7 Million-1.5 %
Median Percent of Original List Price Received
94.0 % 92.4 % 1.7 %
Median Time to Contract 66 Days 67 Days-1.5 %
Median Time to Sale
108 Days
106 Days
1.9 %
New Pending Sales New Listings
1,032 2,054
992 4.0 %
1,960 4.8 %
Pending Inventory 1,592 Inventory( Active Listings) 11,495 Months Supply of Inventory 12.1
1,531 4.0 % 12,637-9.0 % 14.0-13.6 %

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
August 2026
7,698
911
6.1 % 0.9 %
July 2026
1,026
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%
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 A
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 Wednesday, September 16, 2026. Next data release is Friday, October 16, 2026.