ANDRES JARA · REAL ESTATE

Miami

Monthly Market Report · August 16, 2026

Market Summary

As of August 16, 2026, Miami has 8465 active listings at a median list price of $599K ($474 per sqft). 5530 homes closed in the past 12 months at a median sold price of $579K, implying 18.4 months of supply.

Based on MLS closed sales. Data current as of August 16, 2026.

For Sale in Miami

9,005 single-family homes & townhomes currently for sale · $1,550 – $110,000,000.

MiamiFor Sale9,005 for sale · $1,550 – $110,000,000
9,005
Homes for Sale
$2K
From
$110M
Up to
8,465
Active Listings
$599K
Median List Price
$474
Median $/SqFt
18.4
Months of Supply
$579K ▼ 1.1%
Median Sold (12mo)
5,530
Closed Sales
last 12 months
Buyer’s Market18.4 months of supply

Supply exceeds the current pace of sales — buyers have more leverage.

Median $/SqFt

Miami · 75,073 closed sales
Median price per square foot over time$428$321$2142020-082021-082022-082023-082024-082025-082026-08

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