ANDRES JARA · REAL ESTATE

Miami

Monthly Market Report · July 2, 2026

Market Summary

As of July 2, 2026, Miami has 7593 active listings at a median list price of $620K ($509 per sqft). 5230 homes closed in the past 12 months at a median sold price of $580K, implying 17.4 months of supply.

Based on MLS closed sales. Data current as of July 2, 2026.

7,593
Active Listings
$620K
Median List Price
$509
Median $/SqFt
17.4
Months of Supply
$580K
Median Sold (12mo)
5,230
Closed Sales
last 12 months
Buyer’s Market17.4 months of supply

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

Median $/SqFt

Miami · 75,265 closed sales
Median price per square foot over time$429$320$2112020-072021-072022-072023-072024-072025-072026-07