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

Closed Sales
Monthly
Market Detail- July 2025 Single-Family Homes Miami-Dade County
Summary Statistics
July 2025
July 2024
Percent Change Year-over-Year
Closed Sales Paid in Cash
861 1,008-14.6 % 213 232-8.2 %
Median Sale Price $ 660,000
$ 670,000-1.5 %
Average Sale Price Dollar Volume
$ 1,265,083 $ 1,192,280 6.1 % $ 1.1 Billion $ 1.2 Billion-9.4 %
Median Percent of Original List Price Received
94.1 % 96.6 %-2.6 %
Median Time to Contract 44 Days 29 Days 51.7 %
Median Time to Sale
85 Days
72 Days
18.1 %
New Pending Sales New Listings
949 1,395
1,030-7.9 %
1,468-5.0 %
Pending Inventory 1,349 Inventory( Active Listings) 5,539 Months Supply of Inventory 6.6
1,536-12.2 % 3,988 38.9 % 4.4 50.0 %

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
5,959
-9.6%
July 2025
861
-14.6%
June 2025
898
-7.0%
May 2025
943
-14.4%
April 2025
950
-10.8%
March 2025
961
-7.7%
February 2025
703
-8.0%
January 2025
643
-0.2%
December 2024
829
9.9 %
November 2024
716
1.3 %
October 2024
830
-4.7%
September 2024
809
-9.5%
August 2024
964
1.7 %
July 2024
1,008
10.8 %
2,000
2021 2022 2023 2024 2025
1,500
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 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 15th day of the following month. Data released on Thursday, August 21, 2025. Next data release is Tuesday, September 23, 2025.