County report
Miami-Dade County housing market: August 2026
Closed sales, prices, time to contract and inventory for Miami-Dade County, reported separately for single-family homes and for townhouses and condos, each compared with August 2025.
Single-family homes
- Median Sale Price
- $680,000
- up +3.8% vs. August 2025
- Closed Sales
- 858
- down -3.1% vs. August 2025
- Median Time to Contract
- 40 Days
- down -21.6% vs. August 2025
- Months Supply of Inventory
- 4.9
- down -23.4% vs. August 2025
Single-family homes
| Metric | August 2026 | August 2025 | Change |
|---|---|---|---|
| Closed Sales | 858 | 885 | down -3.1% |
| Cash Sales | 208 | 202 | up +3.0% |
| Cash Sales % of Closed | 24.2% | 22.8% | up +6.1% |
| Median Sale Price | $680,000 | $655,000 | up +3.8% |
| Average Sale Price | $1,148,857 | $1,153,569 | down -0.4% |
| Dollar Volume | $985.7 Million | $1.0 Billion | down -3.4% |
| Median % of Original List Price | 95.3% | 94.1% | up +1.3% |
| Median Time to Contract | 40 Days | 51 Days | down -21.6% |
| Median Time to Sale | 80 Days | 91 Days | down -12.1% |
| New Pending Sales | 964 | 966 | down -0.2% |
| New Listings | 1,365 | 1,317 | up +3.6% |
| Pending Inventory | 1,382 | 1,364 | up +1.3% |
| Active Inventory | 4,330 | 5,361 | down -19.2% |
| Months Supply of Inventory | 4.9 | 6.4 | down -23.4% |
In August 2026 the median sale price for single-family homes in Miami-Dade County was $680,000, up 3.8% from $655,000 in August 2025. 858 sales closed, 3.1% fewer than the 885 a year earlier, and 24.2% of them were cash sales.
The median time from listing to a signed contract was 40 days, shorter than the 51 days of August 2025. The typical home sold for 95.3% of its original list price (94.1% a year earlier).
There were 4,330 active listings at month end, 19.2% fewer than a year earlier, with 1,365 new listings during the month (up 3.6% from August 2025). At the current sales pace that is 4.9 months of supply, down from 6.4 a year earlier, inside the 4-to-6-month range that is usually read as a balanced market.
Townhouses & condos
| Metric | August 2026 | August 2025 | Change |
|---|---|---|---|
| Closed Sales | 911 | 903 | up +0.9% |
| Cash Sales | 460 | 434 | up +6.0% |
| Cash Sales % of Closed | 50.5% | 48.1% | up +5.0% |
| Median Sale Price | $408,000 | $410,000 | down -0.5% |
| Average Sale Price | $726,211 | $743,868 | down -2.4% |
| Dollar Volume | $661.6 Million | $671.7 Million | down -1.5% |
| Median % of Original List Price | 94.0% | 92.4% | up +1.7% |
| Median Time to Contract | 66 Days | 67 Days | down -1.5% |
| Median Time to Sale | 108 Days | 106 Days | up +1.9% |
| New Pending Sales | 1,032 | 992 | up +4.0% |
| New Listings | 2,054 | 1,960 | up +4.8% |
| Pending Inventory | 1,592 | 1,531 | up +4.0% |
| Active Inventory | 11,495 | 12,637 | down -9.0% |
| Months Supply of Inventory | 12.1 | 14.0 | down -13.6% |
In August 2026 the median sale price for townhouses and condos in Miami-Dade County was $408,000, about the same as $410,000 in August 2025. 911 sales closed, 0.9% more than the 903 a year earlier, and 50.5% of them were cash sales.
The median time from listing to a signed contract was 66 days, shorter than the 67 days of August 2025. The typical home sold for 94.0% of its original list price (92.4% a year earlier).
There were 11,495 active listings at month end, 9.0% fewer than a year earlier, with 2,054 new listings during the month (up 4.8% from August 2025). At the current sales pace that is 12.1 months of supply, down from 14.0 a year earlier, above the 6-month mark that is usually read as a market that favors buyers.
Statistics describe the market as a whole; a specific home can differ. Talk to a licensed agent and a lender about your situation. These statistics are not financial, tax or legal advice.
Source: Florida Realtors® SunStats, based on MLS data. Statistics are for closed sales reported to the MLS and may be revised. Source: Florida Realtors® SunStats, August 2026.
Cities in Miami-Dade County
About these numbers
- What does “months supply of inventory” mean?
- Months supply is how long it would take to sell every home currently listed for sale if sales continued at the current monthly pace and nothing new came on the market. It is calculated by dividing active inventory by the recent average of closed sales. A common rule of thumb is that under about 4 months favors sellers, 4 to 6 months is roughly balanced, and over 6 months favors buyers. It is one indicator among several, and it describes Miami-Dade County as a whole rather than any one home.
- What is the difference between the median and the average sale price?
- The median sale price is the middle sale: half of the homes that closed sold for more and half for less. The average adds every sale price together and divides by the number of sales, so a few very high or very low sales can pull it up or down. For a sense of what a typical home sold for, the median is usually the steadier figure; the average shows how the high end moved. Both are listed for Miami-Dade County.
- Where do these numbers come from?
- From Florida Realtors® SunStats, the statewide statistics service built from closed sales reported to the MLS. The figures for August 2026 are compared with the same month a year earlier. They cover closed sales reported to the MLS, so private sales are not included, and figures may be revised as late-reported sales are added. The statistics are not financial, tax or legal advice.
What do these numbers mean for your home in Miami-Dade County?
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