A quick recap of the Miami-Dade County Residential Report for May 2026:
- Closed Sales are up 10.5% for May 2026 in which the number of units closed was 1,024 compared to 943 in May 2025, with a increase in cash sales of 31.8%.
- The Median Sales Price for Miami-Dade Single Family homes is 0.7% to $680,000 compared to a year ago, which was $675,000.
- Months’ Supply of Inventory is down -21.2% to 5.2 months, a decrease from 6.6 months in May 2025.
- Foreclosure/REO Sales are up 57.1% with 11 closed sales and a median sales price of $222,500.
A quick recap of the Miami-Dade County Townhouses/Condos for May 2026:
- Closed Sales are up 5.4% for May 2026 in which the number of units closed was 1,022 compared to 970 in May 2025, with a increase in cash sales of 4.1%.
- The Median Sales Price for Brevard Townhouses/Condos is up -2.4% to $415,000 compared to a year ago, which was $425,000
- Months’ Supply of Inventory is down -7.9% to 12.9 months, a decrease from 14.0 months in May 2025.
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