10/16/2026
Miami’s real estate market is showing signs of a shift, and buyers and sellers should be paying attention. 👀
Here’s a look at what happened in August 2026:
🏠 Total home sales -1.1%
🏡 Single-family sales -3.1%
🏢 Condo sales +1%
📉 Inventory down 12.1%
💰 Median single-family price: $680K (+3.8%)
⏳ Single-family homes: 40 median days to contract
🔑 Cash purchases: 37.8% of all sales
Buying or selling in this market? Make sure your contract and closing are protected. That’s where we come in.
Data via Miami Association of Realtors