Miami-Dade County Monthly Market Report - May March 2025 | Page 18

Inventory
Months Supply of Inventory
Monthly Market Detail- October 2025 Townhouses and Condos Miami-Dade County

Inventory( Active Listings)

The number of property listings active at the end of the month
Economists ' note: There are a number of ways to define and calculate Inventory. Our method is to simply count the number of active listings on the last day of the month, and hold this number to compare with the same month the following year. Inventory rises when New Listings are outpacing the number of listings that go off-market( regardless of whether they actually sell). Likewise, it falls when New Listings aren ' t keeping up with the rate at which homes are going off-market.
Month
Inventory
Percent Change
Year-over-Year
YTD( Monthly Avg)
12,785
33.2 %
October 2025
12,660
15.7 %
September 2025
12,620
19.8 %
August 2025
12,637
25.2 %
July 2025
12,838
31.3 %
June 2025
13,046
36.1 %
May 2025
13,192
39.5 %
April 2025
13,238
43.4 %
March 2025
13,037
43.5 %
February 2025
12,568
42.4 %
January 2025
12,009
42.6 %
December 2024
11,256
46.4 %
November 2024
11,320
46.6 %
October 2024
10,946
50.9 %
14,000 12,000 10,000 8,000 6,000 4,000 2,000
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

Months Supply of Inventory

An estimate of the number of months it will take to deplete the current Inventory given recent sales rates
Economists ' note: MSI is a useful indicator of market conditions. The benchmark for a balanced market( favoring neither buyer nor seller) is 5.5 months of inventory. Anything higher is traditionally a buyers ' market, and anything lower is a sellers ' market. There is no single accepted way of calculating MSI. A common method is to divide current Inventory by the most recent month ' s Closed Sales count, but this count is a usually poor predictor of future Closed Sales due to seasonal cycles. To eliminate seasonal effects, we use the 12-month average of monthly Closed Sales instead.
Month
Months Supply
Percent Change
Year-over-Year
YTD( Monthly Avg)
13.6
52.8 %
October 2025
13.9
31.1 %
September 2025
14.0
38.6 %
August 2025
14.0
47.4 %
July 2025
14.1
54.9 %
June 2025
14.1
58.4 %
May 2025
14.0
62.8 %
April 2025
13.7
65.1 %
March 2025
13.2
61.0 %
February 2025
12.6
61.5 %
January 2025
11.9
60.8 %
December 2024
11.1
63.2 %
November 2024
11.1
63.2 %
October 2024
10.6
68.3 %
15.0
2021 2022 2023 2024 2025
10.0
5.0
0.0
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.