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May 2026 · Live MLS Data

Miami Market Report

Real-time market conditions based on live MLS data — updated hourly from the Miami Association of REALTORS®.

Updated: May 28, 2026 1:59 AM

Showing data for: All Miami-Dade & Broward · Based on 3,059 closed sales in the last 30 days

●
Current Verdict
Buyer's Market
Mercado de Comprador
Active Listings
27,407
Months of Inventory (MOI)
9
Buyer's
0–4 Seller 4–6 Balanced 6+ Buyer

27,407 active ÷ 3,059 sold/mo

Avg Days on Market (DOM)
88
Slow Market
<30 Seller 30–60 Balanced >60 Buyer

Average days from list to contract on 200 recent sales

Sale vs List Price (SP/LP)
95.6%
Buyers Negotiate
<97% Buyer 97–99% ≥100% Seller

How close buyers paid to the asking price on average

How to Read This Report

Months of Inventory (MOI)
How long it would take to sell all active listings at the current sales pace. Under 4 months means homes sell fast — seller has leverage. Over 6 months means buyers have more choices and negotiating power.
Days on Market (DOM)
Average days from listing date to contract. Under 30 days means high demand — expect competition and fast decisions. Over 60 days means buyers can take their time and negotiate.
Sale vs List Price (SP/LP)
100% means homes sold at full asking price. Over 100% means bidding wars. Under 97% means buyers successfully negotiated discounts off the asking price.
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Data sourced from the Miami Association of REALTORS® MLS via Bridge Interactive. Calculations based on residential listings only. MOI uses 30-day closed sales as monthly velocity. All metrics are approximations for informational purposes only and should not be relied upon as professional real estate advice. Copyright 2026 Miami Association of REALTORS®.