09/17/2026
August 2026 Miami-Dade numbers are in — and they’re more interesting than the headlines.
Total home sales slipped just 1.1% year-over-year (1,769 vs 1,788). Single-family sales dropped 3.1%. Condos/townhomes actually ticked up 0.9%.
The bigger story? Inventory fell 12.1%.
• Single-family: 4.9 months → still a seller’s market
• Condos/townhomes: 12.1 months → buyers have leverage
Median prices:
🏡 Single-family $680,000 (+3.8%)
🏢 Condos $408,000 (-0.5%)
Distressed sales (short sales + REO)? Only 0.3% of closed deals. This is not a distressed market.
After 15 years in Miami real estate, my read: the market is cooling on volume, not collapsing. Single-family inventory is still tight. Condo buyers have more options and slightly more negotiating room. Prices are holding better than many expected.
Thinking about buying or selling in Miami-Dade this fall? These numbers only tell part of the story — your neighborhood, price point, and timing matter more.
Francisco Neri
772-913-5401
[email protected]
DM me “AUGUST” and I’ll send you a quick breakdown for your area. Let’s use the data, not the noise.