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Miami-Dade County · Updated every morning · Data as of October 18, 2026

Miami-Dade County housing market: September 2026 sales and today's inventory

In September 2026, 828 single-family houses closed in Miami-Dade County at a median $693,800, +4.3% against September 2025; 938 condominiums and townhouses closed at a median $418,750, -0.3%.

16,920 homes are for sale today: 4,636 houses (5.6 months of inventory, conventionally read as a balanced market) and 12,284 condos and townhouses (13.1 months of inventory, a level conventionally read as favoring buyers). So far in October (through October 18, 2026): 327 houses and 390 condos have closed.

Basis: closed, pending and active listings in BeachesMLS permitted for internet display through PBP Real Estate's data feed, recomputed daily. Counts are lower than Florida Realtors county totals, which add other boards and non-displayed listings; medians and ratios are directly comparable. Information deemed reliable but not guaranteed.

Houses: September 2026

828closed salesSeptember 2025: 877 (-5.6%)
$693,800median sale priceSeptember 2025: $665,000 (+4.3%)
41median days on marketSeptember 2025: 50 days
97%of list price receivedSeptember 2025: 97%
4,636for sale todaymedian asking $800,000
1,350under contract today5.6 months of inventory

Condos and townhouses: September 2026

938closed salesSeptember 2025: 959 (-2.2%)
$418,750median sale priceSeptember 2025: $420,000 (-0.3%)
66median days on marketSeptember 2025: 75 days
96%of list price receivedSeptember 2025: 96%
12,284for sale todaymedian asking $480,000
1,663under contract today13.1 months of inventory

For sellers

Pricing a home is a skill. Start with the current competition and recent closed sales.

40.8% of active single-family house listings in Miami-Dade County have a recorded asking price below their original list price.

The data comes from the segment and recorded fields available in PBP Real Estate's BeachesMLS feed, as of the date shown. Gia Freer, Broker of Record, turns comparable sales and current competition into one written pricing opinion for your home, with the reasoning, before it goes live.

No website estimate, no automated number: a written opinion of value prepared by hand, within one business day.

40.8%Recorded below original
59.2%Not recorded as below originalMay include unchanged prices, increases and missing-price records; not a never-cut count.
4,618 single-family houses for sale in Miami-Dade County. Source: BeachesMLS, as of October 18, 2026. Information is deemed reliable but not guaranteed. Seller Blink Rate™ is the share of active listings with a recorded asking price below the original list price. The denominator is all active listings in the segment. The complement may include unchanged prices, increases and missing-price records; it does not establish a price history.

Request a pricing opinion for your property

Reviewed by Gia Freer, Broker of Record (Lic. BK689801). Reply within one business day. No automated estimate is published on this site.

Prefer to start with the numbers? How we price a home.

Miami-Dade County median sale price: September 2026 against September 2025

Houses$693,800 September 2026$665,000 September 2025Condos / townhouses$418,750 September 2026$420,000 September 2025

Medians of closed sales in BeachesMLS listings permitted for internet display; September 2026 n = 828 houses and 938 condos/townhouses.

Sellers versus buyers in Miami-Dade County, December 2018 to September 2026

Each month we set the homes for sale at month end against the homes that went under contract during the month. Two series, one source, houses and condos kept separate.

Single-family houses. September 2026: 4,536 homes for sale against 814 going under contract, 5.6 homes for sale per contract (a year earlier: 5.9). Homes for sale -16.6% year over year; contracts -11.6%.
02K4K6K8KFor sale 4,536Under contract 814Peak Jan 2019: 7,265Low Mar 2022: 2,205120Homes for sale per home going under contract5.620192020202120222023202420252026

Homes for sale at month end Homes going under contract in the month

Condos and townhouses. September 2026: 11,706 homes for sale against 936 going under contract, 12.5 homes for sale per contract (a year earlier: 12.5). Homes for sale -7.2% year over year; contracts -7.5%.
05K10K15K20KFor sale 11,706Under contract 936Peak Feb 2019: 16,583Low Apr 2022: 4,711290Homes for sale per home going under contract12.520192020202120222023202420252026

Homes for sale at month end Homes going under contract in the month

Live read as of October 18, 2026

The association's figures arrive about three weeks after month end. These are our own counts from the MLS feed, same day: homes for sale today against contracts signed in the last 28 days (Sep 20 to Oct 17).

Single-family houses
For sale today4,742
Under contract, last 28 days933
Homes for sale per contract5.1
Condos and townhouses
For sale today12,066
Under contract, last 28 days977
Homes for sale per contract12.3

PBP's own count from the BeachesMLS feed (houses include villas). It runs a few points below the association's published monthly figures and is never blended with them; week-over-week comparison starts once two reads are on the page. Not a forecast.

Source: Florida Realtors monthly statistics for Miami-Dade County, December 2018 to September 2026, all boards. "Under contract" is the month's new pending sales, a demand indicator, not a count of people shopping. Months not published in the archive: November 2020. Refreshed with each monthly release; data as of 2026-10-18. PBP Real Estate, LLC. Information deemed reliable but not guaranteed.

Sale price versus original asking price in Miami-Dade County, January 2024 to September 2026

In September 2026, the typical house in Miami-Dade County sold 4.8% under its original asking price; the typical condo or townhouse sold 6.1% under its original asking price. Against the final asking price, after price cuts, the gap looks smaller: 2.7% under for houses and 4.0% under for condos. The difference between those two figures is what sellers had already taken off before a buyer signed.

The original asking price is the comparison that matters: it is the number the seller chose on day one. Measuring only against the last price, after one or several cuts, hides the cost of starting high. For every closed sale we set the sale price against both prices. The bold line is the original asking price; the dashed line is the final asking price; the shaded band between them is the cutting that had already happened. Houses and condos kept separate; monthly medians.

Single-family houses in Miami-Dade County: sale price versus original asking price

September 2026: 822 closed sales; median 4.8% under the original asking price and 2.7% under the final asking price (2.1 points apart, already cut before the contract). 70% closed below the final asking price, 17% exactly at it and 13% above. A year earlier (September 2025): 5.3% under the original asking price, 2.9% under the final.

-8%-6%-4%-2%0%At asking priceJan 2024: -4.3% vs original asking, -2.4% vs final asking, n=648Feb 2024: -3.6% vs original asking, -2.0% vs final asking, n=772Mar 2024: -3.4% vs original asking, -1.9% vs final asking, n=1,052Apr 2024: -3.4% vs original asking, -2.0% vs final asking, n=1,066May 2024: -3.9% vs original asking, -2.2% vs final asking, n=1,114Jun 2024: -3.4% vs original asking, -1.9% vs final asking, n=982Jul 2024: -3.4% vs original asking, -2.1% vs final asking, n=1,018Aug 2024: -3.2% vs original asking, -1.8% vs final asking, n=967Sep 2024: -4.0% vs original asking, -2.3% vs final asking, n=819Oct 2024: -4.4% vs original asking, -2.6% vs final asking, n=829Nov 2024: -4.4% vs original asking, -2.4% vs final asking, n=728Dec 2024: -5.1% vs original asking, -3.0% vs final asking, n=847Jan 2025: -5.6% vs original asking, -3.2% vs final asking, n=650Feb 2025: -4.6% vs original asking, -2.5% vs final asking, n=720Mar 2025: -4.5% vs original asking, -2.3% vs final asking, n=978Apr 2025: -4.4% vs original asking, -2.3% vs final asking, n=969May 2025: -4.6% vs original asking, -2.5% vs final asking, n=952Jun 2025: -5.0% vs original asking, -2.9% vs final asking, n=903Jul 2025: -5.9% vs original asking, -2.9% vs final asking, n=874Aug 2025: -5.9% vs original asking, -2.7% vs final asking, n=892Sep 2025: -5.3% vs original asking, -2.9% vs final asking, n=871Oct 2025: -5.9% vs original asking, -3.2% vs final asking, n=898Nov 2025: -5.9% vs original asking, -3.1% vs final asking, n=761Dec 2025: -5.5% vs original asking, -3.3% vs final asking, n=896Jan 2026: -6.7% vs original asking, -3.4% vs final asking, n=661Feb 2026: -5.8% vs original asking, -3.2% vs final asking, n=756Mar 2026: -4.7% vs original asking, -2.7% vs final asking, n=1,092Apr 2026: -4.8% vs original asking, -2.7% vs final asking, n=1,092May 2026: -4.6% vs original asking, -2.7% vs final asking, n=1,080Jun 2026: -4.6% vs original asking, -2.8% vs final asking, n=1,083Jul 2026: -4.5% vs original asking, -2.5% vs final asking, n=938Aug 2026: -4.7% vs original asking, -2.6% vs final asking, n=880Sep 2026: -4.8% vs original asking, -2.7% vs final asking, n=822Oct 2026: -5.0% vs original asking, -3.0% vs final asking, n=326 (preliminary)vs original asking -4.8%vs final asking -2.7%cut before contract 2.1 ptsOct 2026, preliminaryWidest Jan 2026: -6.7%Closest to original Aug 2024: -3.2%202420252026

Sale price vs original asking price Sale price vs final asking price, after price cuts Cut before contract

Rolling read as of October 17, 202630 days 4.9% under the original asking price, 3.0% under the final (712 sales, Sep 18 to Oct 17)60 days 4.9% under the original asking price, 2.7% under the final (1,565 sales, Aug 19 to Oct 17)90 days 4.8% under the original asking price, 2.7% under the final (2,483 sales, Jul 20 to Oct 17)

Condos and townhouses in Miami-Dade County: sale price versus original asking price

September 2026: 936 closed sales; median 6.1% under the original asking price and 4.0% under the final asking price (2.1 points apart, already cut before the contract). 83% closed below the final asking price, 12% exactly at it and 5% above. A year earlier (September 2025): 6.9% under the original asking price, 4.5% under the final.

-8%-6%-4%-2%0%At asking priceJan 2024: -5.1% vs original asking, -3.6% vs final asking, n=806Feb 2024: -4.8% vs original asking, -3.2% vs final asking, n=979Mar 2024: -4.6% vs original asking, -3.2% vs final asking, n=1,144Apr 2024: -4.9% vs original asking, -3.2% vs final asking, n=1,358May 2024: -4.8% vs original asking, -3.2% vs final asking, n=1,366Jun 2024: -5.0% vs original asking, -3.3% vs final asking, n=1,144Jul 2024: -5.2% vs original asking, -3.3% vs final asking, n=1,162Aug 2024: -5.1% vs original asking, -3.2% vs final asking, n=1,069Sep 2024: -5.0% vs original asking, -3.1% vs final asking, n=933Oct 2024: -5.3% vs original asking, -3.5% vs final asking, n=991Nov 2024: -6.1% vs original asking, -3.6% vs final asking, n=841Dec 2024: -6.1% vs original asking, -3.9% vs final asking, n=996Jan 2025: -6.2% vs original asking, -3.7% vs final asking, n=781Feb 2025: -6.0% vs original asking, -3.5% vs final asking, n=793Mar 2025: -6.0% vs original asking, -3.7% vs final asking, n=1,106Apr 2025: -6.5% vs original asking, -3.9% vs final asking, n=1,070May 2025: -6.7% vs original asking, -4.0% vs final asking, n=1,043Jun 2025: -7.0% vs original asking, -3.9% vs final asking, n=1,004Jul 2025: -7.3% vs original asking, -4.2% vs final asking, n=971Aug 2025: -7.5% vs original asking, -4.3% vs final asking, n=957Sep 2025: -6.9% vs original asking, -4.5% vs final asking, n=958Oct 2025: -7.1% vs original asking, -4.2% vs final asking, n=1,052Nov 2025: -7.2% vs original asking, -4.2% vs final asking, n=797Dec 2025: -7.3% vs original asking, -4.3% vs final asking, n=1,074Jan 2026: -7.4% vs original asking, -4.5% vs final asking, n=765Feb 2026: -6.8% vs original asking, -4.5% vs final asking, n=919Mar 2026: -6.9% vs original asking, -4.2% vs final asking, n=1,156Apr 2026: -6.5% vs original asking, -4.3% vs final asking, n=1,135May 2026: -6.2% vs original asking, -3.8% vs final asking, n=1,066Jun 2026: -6.3% vs original asking, -4.1% vs final asking, n=1,137Jul 2026: -6.9% vs original asking, -4.2% vs final asking, n=1,101Aug 2026: -6.0% vs original asking, -4.0% vs final asking, n=963Sep 2026: -6.1% vs original asking, -4.0% vs final asking, n=936Oct 2026: -6.2% vs original asking, -4.2% vs final asking, n=385 (preliminary)vs original asking -6.1%vs final asking -4.0%cut before contract 2.1 ptsOct 2026, preliminaryWidest Aug 2025: -7.5%Closest to original Mar 2024: -4.6%202420252026

Sale price vs original asking price Sale price vs final asking price, after price cuts Cut before contract

Rolling read as of October 17, 202630 days 6.0% under the original asking price, 4.1% under the final (818 sales, Sep 18 to Oct 17)60 days 6.0% under the original asking price, 4.0% under the final (1,771 sales, Aug 19 to Oct 17)90 days 6.2% under the original asking price, 4.0% under the final (2,776 sales, Jul 20 to Oct 17)

Two paths to a contract in Miami-Dade County, September 2026

Every closed sale in the month took one of two paths. Sellers who came to market where the home would sell signed quickly and never cut. Sellers who started above that number made one or more price adjustments before a buyer signed, and waited months longer. Both groups end up selling into the same market; the difference is the time and the cutting on the way there.

Single-family houses (827 closed sales)

Priced where it would sell59%of closings never cut the asking price20 days median from listing to contract
Started above the market41%of closings had cut at least once before accepting an offer; median cut 5.4% off the original asking price93 days median from listing to contract

Only 21% of single-family houses closed at or above the original asking price.

Condos and townhouses (936 closed sales)

Priced where it would sell57%of closings never cut the asking price32 days median from listing to contract
Started above the market43%of closings had cut at least once before accepting an offer; median cut 5.9% off the original asking price117 days median from listing to contract

Only 11% of condos and townhouses closed at or above the original asking price.

Days are counted from the listing contract date to the purchase contract date, adding recorded prior time on market where the home was relisted; we do not use the MLS day counters. Days are published only when each group has 30 or more sales. A "cut" means the final asking price sat below the original.

Source: closed residential sales in Miami-Dade County, January 2024 to October 17, 2026, listed in BeachesMLS and permitted for internet display through PBP Real Estate's data feed. Each sale is compared with its own original and final asking price; medians need 30 or more sales in the month (thinner months are left blank). The current month is preliminary because closings reach the MLS with a lag; the 30, 60 and 90-day rolling read ends on the date shown and refreshes daily. These are market statistics, not an opinion about any one home's price and not a forecast. PBP Real Estate, LLC. Information deemed reliable but not guaranteed.

Rent yield versus the 10-year Treasury in Miami-Dade County, Q1 2024 to Q4 2026

Over the last 12 months, the typical house bought and then rented in Miami-Dade County returns 6.6% of its price in yearly rent, about 3.8% after estimated HOA, property tax and insurance, 1.3 points below the 10-year Treasury (5.1%); the typical condo or townhouse returns 9.0% gross and about 4.5% net estimate, 0.6 points below the 10-year Treasury.

We take every home that sold and was leased on the same parcel less than a year apart and divide the yearly rent by the sale price. That is the solid line. The dashed line takes out the listing's actual HOA fee, an estimated property tax bill and an estimated insurance premium. The dotted line is what the 10-year US Treasury pays. When the two meet, a buyer who rents the home out is no longer earning more than a government bond before counting appreciation or the work of owning it. Houses and condos kept separate; quarterly medians.

Single-family houses in Miami-Dade County: rent yield versus the 10-year Treasury

Last 12 months: 209 sale-and-lease pairs; median $4,200 a month in rent on a $770,000 sale price. Gross rent yield 6.6%; net yield estimate 3.8%; 10-year Treasury 5.1% on October 15, 2026.

0%2%4%6%8%10%12%Q1 2024: gross 6.7%, net estimate 3.9%, Treasury 4.2%, n=82Q2 2024: gross 6.8%, net estimate 3.9%, Treasury 4.5%, n=97Q3 2024: gross 6.1%, net estimate 3.4%, Treasury 4.0%, n=80Q4 2024: gross 6.6%, net estimate 3.9%, Treasury 4.3%, n=96Q1 2025: gross 7.1%, net estimate 4.4%, Treasury 4.5%, n=87Q2 2025: gross 6.6%, net estimate 3.8%, Treasury 4.4%, n=90Q3 2025: gross 6.6%, net estimate 3.9%, Treasury 4.3%, n=73Q4 2025: gross 6.8%, net estimate 4.0%, Treasury 4.1%, n=62Q1 2026: gross 6.9%, net estimate 3.9%, Treasury 4.2%, n=50Q2 2026: gross 6.6%, net estimate 3.9%, Treasury 4.4%, n=79Q3 2026: gross 6.2%, net estimate 3.5%, Treasury 4.8%, n=32gross 6.2%net estimate 3.5%10-yr Treasury 5.2%202420252026Q4 2026 prelim.

Gross rent yield Net yield estimate 10-year Treasury, quarterly average 10 to 29 pairs

Condos and townhouses in Miami-Dade County: rent yield versus the 10-year Treasury

Last 12 months: 609 sale-and-lease pairs; median $2,750 a month in rent on a $375,400 sale price. Gross rent yield 9.0%; net yield estimate 4.5%; 10-year Treasury 5.1% on October 15, 2026. The listing's actual HOA fee is on file for 97% of the pairs.

0%2%4%6%8%10%12%Q1 2024: gross 9.1%, net estimate 4.9%, Treasury 4.2%, n=279Q2 2024: gross 8.8%, net estimate 4.9%, Treasury 4.5%, n=335Q3 2024: gross 8.7%, net estimate 4.8%, Treasury 4.0%, n=260Q4 2024: gross 9.3%, net estimate 5.2%, Treasury 4.3%, n=221Q1 2025: gross 8.7%, net estimate 4.8%, Treasury 4.5%, n=252Q2 2025: gross 9.0%, net estimate 4.6%, Treasury 4.4%, n=231Q3 2025: gross 8.8%, net estimate 4.7%, Treasury 4.3%, n=233Q4 2025: gross 8.9%, net estimate 4.5%, Treasury 4.1%, n=211Q1 2026: gross 8.7%, net estimate 4.5%, Treasury 4.2%, n=138Q2 2026: gross 9.2%, net estimate 4.6%, Treasury 4.4%, n=188Q3 2026: gross 8.9%, net estimate 4.4%, Treasury 4.8%, n=102Q4 2026: gross 8.9%, net estimate 5.1%, Treasury 5.2%, n=12 (10-29 pairs) (preliminary)gross 8.9%net estimate 5.1%10-yr Treasury 5.2%202420252026Q4 2026 prelim.

Gross rent yield Net yield estimate 10-year Treasury, quarterly average 10 to 29 pairs

Source: closed residential sales since January 2024 and closed residential leases since 2023 in Miami-Dade County, listed in BeachesMLS and permitted for internet display through PBP Real Estate's data feed; 8,396 pairs across the five counties as of October 18, 2026. Each sale is matched with the nearest closed lease on the same parcel within 365 days; unfurnished, non-short-term leases only; yields outside 1% to 15% are dropped as data-entry errors. Gross rent yield = monthly rent x 12 / sale price, median by quarter of the sale. Net yield estimate = yearly rent less the listing's actual HOA fee, less 1.9% of the price as an estimated property tax bill (no homestead exemption) and less an estimated insurance premium ($1,500 a year for condos; 0.8% of the price for houses); it does not take out vacancy, management or repairs, so it is not comparable with institutional cap rates. Quarters need 30 or more pairs; 10 to 29 are shown with a hollow marker; fewer are left blank. 10-year Treasury: Federal Reserve Bank of St. Louis (FRED series DGS10), quarterly average and latest daily print. The current quarter is preliminary. This describes market conditions; it is not investment advice or an opinion about any one property.

Home prices versus mortgage rates in Miami-Dade County, January 2019 to August 2026

In August 2026, the median house in Miami-Dade County sold for $680,000; at that month's average 30-year fixed rate (6.76%) and 20% down, the principal-and-interest payment was $3,532 a month, 147% more than in January 2019, while the price itself rose 94%. For condos and townhouses: price $408,000, payment $2,119 (126% more; the price rose 77%).

A sale price tells only half of what it costs to buy. Here we set the county's monthly median next to the mortgage rate of the same month and work out the payment that price implied. Both lines start at 100 in January 2019: the solid line is the price, the dashed line is the payment. When they pull apart, the rate is doing the work; when they close, the rate is handing back part of what the price added.

Single-family houses in Miami-Dade County: price versus monthly payment

August 2026: median $680,000, average rate 6.76%, payment $3,532 a month. A year earlier (August 2025): $655,000 at 6.56%, $3,333 a month. The highest payment in the series came in January 2025: $3,635. At the latest weekly rate (7.37%, October 16, 2026) the same median would run $3,755 a month. The association published no median for 1 month (Nov 2020); the line breaks there instead of being filled in.

050100150200250300Jan 2019 = 100Payment 247Price 194Highest payment Jan 2025: $3,6354.5%0%30-year fixed rate, monthly average6.76%Peak 7.82%Low 2.80%20192020202120222023202420252026

Median sale price (index) Monthly principal-and-interest payment (index) 30-year fixed rate

Condos and townhouses in Miami-Dade County: price versus monthly payment

August 2026: median $408,000, average rate 6.76%, payment $2,119 a month. A year earlier (August 2025): $410,000 at 6.56%, $2,087 a month. The highest payment in the series came in April 2024: $2,436. At the latest weekly rate (7.37%, October 16, 2026) the same median would run $2,253 a month. The association published no median for 1 month (Nov 2020); the line breaks there instead of being filled in.

050100150200250300Jan 2019 = 100Payment 226Price 177Highest payment Apr 2024: $2,4364.5%0%30-year fixed rate, monthly average6.76%Peak 7.82%Low 2.80%20192020202120222023202420252026

Median sale price (index) Monthly principal-and-interest payment (index) 30-year fixed rate

Source: monthly median sale price in Miami-Dade County published by Florida Realtors (single-family houses and condos/townhouses reported separately), January 2019 to August 2026; 30-year fixed rate from the Mortgage News Daily daily index, averaged by month, latest reading October 16, 2026. The payment is principal and interest on the median price with 20% down over 30 years at that month's average rate; it leaves out taxes, insurance, association fees and mortgage insurance, and it is not a loan quote. Index: January 2019 = 100. Months without a published median are left blank. These are market statistics, not an opinion about any one home's price and not a forecast. PBP Real Estate, LLC. Information deemed reliable but not guaranteed.

How much of the higher payment came from prices and how much from mortgage rates, county by county

How many homes for sale in Miami-Dade County are short sales?

On October 18, 2026, 39 of the 4,618 houses for sale in Miami-Dade County (0.8%) were listed as short sales; for condos and townhouses it was 106 of 12,340 (0.9%). Bank-owned (REO) listings: 2.6% of houses (121) and 2.6% of condos and townhouses (317).

Asking less than they paid is a different and much larger group. In the October 18, 2026 read of South Florida homes listed below their purchase price, 2.9% of Miami-Dade County houses matched to the owner's MLS purchase since 2020 (44 of 1,506) were priced below what the owner paid, and 13.9% of condos and townhouses (495 of 3,571). A price below the purchase price does not tell you what the owner owes. A short sale does: the seller owes the lender more than the sale price, and the lender has to sign off.

What is a short sale? A short sale is a sale where the seller owes the mortgage lender more than the home is selling for. The owner is underwater on the loan, so the lender has to approve the price and agree to take less than the full payoff before the sale can close. A bank-owned listing (REO, for real estate owned) comes later: the lender has already taken the property back through foreclosure and is selling it itself. How a Florida short sale works. General real estate information, not legal, tax or credit advice.

Miami-Dade County: asking less than they paid, short sales and bank-owned listings

0%5%10%15%HousesAsking less than they paid2.9% (44)Short sale0.8% (39)Bank-owned (REO)2.6% (121)Condos and townhousesAsking less than they paid13.9% (495)Short sale0.9% (106)Bank-owned (REO)2.6% (317)0%10%HousesAsking less than they paid2.9%Short sale0.8%Bank-owned (REO)2.6%Condos and townhousesAsking less than they paid13.9%Short sale0.9%Bank-owned (REO)2.6%

Houses Condos and townhouses. Short-sale and bank-owned shares are of all listings for sale; asking less than they paid is of listings matched to the owner's MLS purchase since 2020.

Listings for sale on October 18, 2026: short sales and bank-owned (REO) beside asking less than the owner paid

CountyTypeFor saleShort salesBank-ownedAsking less than they paid (matched)
Miami-DadeHouses4,6180.8% (39)2.6% (121)2.9% (44 of 1,506)
Miami-DadeCondos/TH12,3400.9% (106)2.6% (317)13.9% (495 of 3,571)
Five countiesHouses15,5091.1% (168)1.7% (271)6.3% (351 of 5,607)
Five countiesCondos/TH29,8900.6% (179)1.9% (566)18.9% (1,832 of 9,669)

How we count: active Residential listings on October 18, 2026; a listing counts as a short sale or bank-owned only when the listing agent marked that condition in the MLS, so an unmarked short sale is not counted. Shares are shown only where at least 30 listings are for sale and at least 10 are marked; smaller groups show the count only. Houses and condos/townhouses are sorted by the tax legal description and never combined. Asking less than they paid compares the asking price with the owner's most recent MLS purchase price since 2020; it is not a mortgage figure. These are market statistics, not an opinion about any home's price and not a forecast.

Source: PBP Real Estate analysis of BeachesMLS active Residential listings permitted for internet display, as of October 18, 2026; asking less than they paid from the 2026-10-18 edition of /south-florida-listed-below-purchase-price/. This data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. Based on information © 2026 BeachesMLS, Inc. Deemed reliable but not guaranteed.

Today's mortgage rates for Miami-Dade County buyers

The average 30-year fixed mortgage rate is 7.37% as of Friday, October 16, 2026, up 0.04 points from the prior trading day and 1.14 points above the same day last year (6.23%).

Every tenth of a point changes what a buyer can borrow for the same monthly payment, which is why the asking price that sells moves with this table. National averages from the Mortgage News Daily rate index, refreshed on our site every weekday evening.

Mortgage News Daily average rates by loan type as of Friday, October 16, 2026, with the change over 1 day, 1 week, 1 year in percentage points.
Average rateCurrent1 day1 week1 year52-wk range
30 Yr. Fixed7.37%+0.04 higher−0.11 lower+1.14 higher5.99% to 7.61%
15 Yr. Fixed7.04%+0.06 higher−0.11 lower+1.24 higher5.55% to 7.23%
30 Yr. FHA6.99%+0.01 higher−0.16 lower+1.01 higher5.62% to 7.25%
30 Yr. Jumbo7.67%+0.02 higher+0.04 higher+1.47 higher6.10% to 7.71%
7/6 SOFR ARM6.81%+0.02 higher−0.09 lower+1.10 higher5.29% to 6.95%
30 Yr. VA7.01%+0.01 higher−0.16 lower+1.02 higher—*

Source: Mortgage News Daily rate index, national average from lender rate sheets, published weekdays about 4 PM ET; PBP Real Estate refreshes this table every weekday evening. Last updated Friday, October 16, 2026 (Friday close; the index does not publish on weekends). National averages, not a quote or an offer of credit; your rate depends on your lender, credit, down payment and loan size. PBP Real Estate is a brokerage, not a lender. * Our own daily record of the 30 Yr. VA series began September 2026; the 1-month and 52-week cells for it fill in as days accumulate rather than being estimated.

Full table with 1-month change and 52-week range, plus what today's rate means for a buyer's budget ›

Year to date and month to date, Miami-Dade County

SegmentJan 1 - Sep 30, 2026Jan 1 - Sep 30, 2025ChangeOctober 1 - 18, 2026
Houses: closed sales8,4567,855+7.7%327
Houses: median sale price$680,000$669,000+1.6%$700,000
Condos and townhouses: closed sales9,2088,684+6%390
Condos and townhouses: median sale price$420,000$425,000-1.2%$390,070

Every Miami-Dade County city we cover

Market report, daily price cuts, daily condo fees and daily HOA fees for each city. Houses, condominiums, and townhouses and villas are always reported separately. We publish a page only when the city meets our data threshold: at least 30 active listings for a price-cut page, at least 30 active condominiums with a reported association fee for a condo-fee page, and at least 30 active townhouses and villas with a reported fee for an HOA-fee page. Cities below a threshold today are listed without that page and are added automatically the day they qualify.

Other counties: Broward County · Palm Beach County · Martin County · St. Lucie County · All areas

Questions people ask about the Miami-Dade County market

What is the median home price in Miami-Dade County?

In September 2026, the median single-family house in Miami-Dade County closed at $693,800 (up 4.3% from $665,000 in September 2025), and the median condominium or townhouse closed at $418,750 (down 0.3% from $420,000). Figures are medians of closed sales in BeachesMLS listings permitted for internet display, as of October 18, 2026.

Is Miami-Dade County a buyer's or seller's market right now?

As of October 18, 2026, single-family houses in Miami-Dade County stand at 5.6 months of inventory, conventionally read as a balanced market; condominiums and townhouses stand at 13.1 months of inventory, a level conventionally read as favoring buyers. Months of inventory divides today's active listings by last month's closed sales; under 4 is conventionally read as favoring sellers, 4 to 6 as balanced, over 6 as favoring buyers. It describes the county as a whole, not any one home.

How many homes sold in Miami-Dade County last month?

828 single-family houses and 938 condominiums or townhouses closed in Miami-Dade County in September 2026, against 877 and 959 in September 2025. So far in October (through October 18, 2026): 327 houses and 390 condos. Counts cover BeachesMLS listings permitted for internet display and will differ from Florida Realtors county totals, which include other boards.

How long does it take to sell a house in Miami-Dade County?

Houses that closed in Miami-Dade County in September 2026 had a median 41 days on market and sold at a median 95.2% of their original list price and 97.3% of their final list price; condominiums and townhouses took a median 66 days at 93.9% of original list price and 96% of final list price. Days on market count from the listing date of the sold listing.

How often is this Miami-Dade County market report updated?

Every morning. The page pulls active, pending and closed listings from PBP Real Estate's BeachesMLS data feed, recomputes the last full month, month to date, year to date and the same periods a year earlier, and republishes. The Florida Realtors monthly release for is kept lower on the page for reference.

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated October 18, 2026.

Living and relocation guides for Miami-Dade County cities

Written city guides from the same brokerage that publishes these numbers: schools, neighborhoods, taxes and what to know before a move.

Free to reuse with attribution and a link to PBP Real Estate. Figures, tables and charts on this page may be quoted, screenshotted or embedded. Keep the source line and link to www.pbprealestate.com/market-report-miami-dade/. Aggregates only: no address, listing number or listing-level record is published here.

How to cite this page

Copy the line below; the URL is permanent and always shows the latest figures.

PBP Real Estate analysis of BeachesMLS sales and listing data, "Miami-Dade County housing market report," as of October 18, 2026, https://www.pbprealestate.com/market-report-miami-dade/

Method: How to read our numbers. Every kit and chart: pbprealestate.com/press. Questions or a licensed quote: Gia Freer, Broker of Record (Lic. BK689801), 561-395-8418.