Miami-Dade County Monthly Market Report - May March 2025 | Page 2

Closed Sales
Monthly
Market Detail- May 2026 Single-Family Homes Miami-Dade County
Summary Statistics
May 2026
May 2025
Percent Change Year-over-Year
Closed Sales Paid in Cash
1,042 943 10.5 % 290 220 31.8 %
Median Sale Price $ 680,000
$ 675,000 0.7 %
Average Sale Price Dollar Volume
$ 1,400,654 $ 1,146,970 22.1 % $ 1.5 Billion $ 1.1 Billion 34.9 %
Median Percent of Original List Price Received
95.3 % 95.4 %-0.1 %
Median Time to Contract 41 Days 40 Days 2.5 %
Median Time to Sale
80 Days
78 Days
2.6 %
New Pending Sales New Listings
1,073 1,460
967 11.0 %
1,553-6.0 %
Pending Inventory 1,645 Inventory( Active Listings) 4,599 Months Supply of Inventory 5.2
1,401 17.4 % 5,687-19.1 % 6.6-21.2 %

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
4,531
1,042
7.9 % 10.5 %
April 2026
1,032
8.6 %
March 2026
1,063
10.6 %
February 2026
733
4.3 %
January 2026
661
2.8 %
December 2025
860
3.7 %
November 2025
754
5.5 %
October 2025
887
6.9 %
September 2025
865
6.9 %
August 2025
885
-10.1%
July 2025
861
-14.6%
June 2025
898
-6.7%
May 2025
943
-14.4%
1,500
2022 2023 2024 2025
1,000
500
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
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.