Downtown Miami

30.1 months supply

Over 9 months of supply indicates a buyer's market — more negotiating leverage for buyers.

+22.7%

Median sold price moved from $605,000 to $742,500 over the past 6 months. Year-over-year: +42.8%.

+4.3%

Active listings up from 751 to 783 over 6 months. Relatively stable.

153 days avg

Average days on market increased by 25 days vs 6 months ago (was 128 days). Homes sitting longer — buyer hesitation.

-14.0%

3-month avg sales: 27 units/mo vs 31 units/mo three months prior. Steady transaction volume.