MEDIAN SALE PRICE
$740K
▲ 12.1% YoY
MEDIAN $/SF
$371
▲ 2.7% YTD
ACTIVE INVENTORY
96
for sale
SOLD VS. ORIGINAL ASK
94.5%
NEW96.6% of final list
DAYS TO CONTRACT
49
NEW84 to close
MARKET PULSE
0.24
Buyer's market
Price cuts (trailing 30d): 22 · 22.9% of active · maturing to a full 30-day share
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
miami-lakes
BUYER'S ADVANTAGE
Today 0.24 · Miami-Dade County 0.17
MARKET SUMMARY · 12 MONTHS
| Median sale price | $740K | |
| Median $/SF | $371 | |
| Median days on market | 79 | |
| Total sales (12mo) | 224 | |
| New listings (12mo) | 303 | |
| Sold ÷ original ask NEW | 94.5% | |
| Sold ÷ final list price NEW | 96.6% | |
| Sold below original ask NEW | 84% | |
| Median days to contract NEW | 49 | |
| Median days to close NEW | 84 | |
| How buyers paid NEW | 25% cash · 72% fin. · 4% n/d | |
| Months of supply | — | 5.1 |
| Sale-to-just-value | — | 1.29× |
| Owner-occupied | — | 73.5% |
TIER HEALTH · NEW VS. ABSORBED
| TIER | MEDIAN | NEW | ABS. | BALANCE |
| $1–2M | $1.3M | 5 | 8 | SUPPLY-STARVED |
| Under $1M | $617K | 21 | 12 | BUILDING 1.8:1 |
Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.
TIME TO SELL · LISTING TO CLOSING
NEW49
days, listing → contract
32
days, contract → closing
84
days, listing → closing
| Condos & townhomes · 90 | 46 days to contract · 81 to close · 94.7% of original ask |
| Single-family · 134 | 51 days to contract · 87 to close · 94.4% of original ask |
How long homes took to go under contract
Medians of 224 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.
HOW BUYERS PAID
NEW26%
cash share of disclosed sales
Financing reported on 96% of sales (216 of 224).
Cash: paid entirely in cash. Financed: any mortgage or loan, including a mix of cash and loan. Not disclosed: payment method not reported, or reported only as “Other” / 1031 exchange. 224 closed sales of homes, Nov 2025 – Oct 2026.
WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDS
73.5%
Owner-occupied (homestead)
1.29×
Sale-to-just-value ratio
32.6%
Homes sold, 10-yr
+2.7%
Appreciation YTD · $/SF CLOSED SALES
Appreciation YTD compares the median price per square foot of closed sales so far this year against the same period last year. Price per square foot rather than median price, because a median price moves with which homes sold — over this span South Beach ran +1.9% on median price but −4.3% per square foot. Effective tax rate: modeling in progress — the county roll carries no millage field, so we show “—” rather than an estimate.
TOP NBHDS · MEDIAN PRICE
| Dunnwoody Lake | $800K |
| Miami Lakes | $488K |
FASTEST SELLING · DOM
| Dunnwoody Lake | 46 |
| Miami Lakes | 65 |
NBHDS PERFORMANCE · $/SF
| Miami Lakes | $405 |
| Dunnwoody Lake | $376 |
RENTAL MARKET for-lease · separate from the for-sale figures above
$3,400/mo
Median asking rent
48
Active rentals
24
New listings (30d)
31
Median days on market
MARKET NARRATIVE
The for-sale market in Miami Lakes, Miami-Dade County, is carrying 96 active listings this week at a median list price of $855,000. Fresh supply arrived over the past month — 27 new listings — against 23 pending sales, putting the market pulse at 0.24, a buyer's market. Homes are taking a median of 79 days on market. For context, Miami-Dade County runs at a 0.17 pulse. If inventory keeps outpacing contracts, buyers gain room to negotiate.
Generated from this week's snapshot · every figure cited appears on this page
FREQUENTLY ASKED · MIAMI LAKES
How much do homes cost in Miami Lakes?
The median sale price in Miami Lakes is $740K over the trailing 90 days, and the median list price is $855,000.
Is Miami Lakes a buyer's or seller's market?
Miami Lakes is currently a buyer's market. Its market pulse — pending sales divided by active listings — is 0.24; readings at or above 0.60 favor sellers and below 0.40 favor buyers.
How many homes are for sale in Miami Lakes?
There are 96 active for-sale listings in Miami Lakes as of snapshot 2026-W45, updated weekly.
How long do homes take to sell in Miami Lakes?
Homes in Miami Lakes spend a median of 79 days on market.
What is the price per square foot in Miami Lakes?
The median list price per square foot in Miami Lakes is $371.
What share of Miami Lakes homes are owner-occupied?
About 73.5% of homes in Miami Lakes are owner-occupied (homestead), per public property records.
How often do homes sell in Miami Lakes?
About 32.6% of homes in Miami Lakes have changed hands over the past decade — roughly 3.3% per year — based on qualified arm's-length sales in public deed records.
How long do homeowners typically own in Miami Lakes?
Homeownership in Miami Lakes skews long-term: only about 33% of homes had a qualified sale in the past decade, so roughly 67% of owners have held 10+ years, per public deed records.
Are home prices in Miami Lakes rising or falling?
The median sale price in Miami Lakes is $740K, up 12.1% year over year and the median price per square foot is down 2.1%. Figures compare the trailing 90 days to the same period a year earlier.
How much housing inventory does Miami Lakes have?
Miami Lakes has about 5.1 months of supply — active for-sale listings divided by the average monthly pace of closed sales over the trailing 12 months. Below roughly six months typically favors sellers; above it favors buyers.
Every figure above appears elsewhere on this page · snapshot 2026-W45.