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Miami-Dade County · July 2026
In July 2026, the median sale price in Miami-Dade County was $550,000, unchanged at 0.0% from a year earlier. Closed sales in our MLS coverage were up 8.7% year over year at 2,072. Homes took a median of 88 days from listing to closing, down 2.2% from a year earlier. Sellers received an average of 95.6% of their asking price.
Key Metrics
Median Sale Price
$550,000
0.0% vs. last year
Avg Days on Market
88 days
-2.2% vs. last year
Closed Sales
2,072
+8.7% vs. last year
List-to-Sale Price Ratio
95.6%
Homes in Miami-Dade County are closing at 95.6% of their list price on average, indicating a balanced-to-seller's market.
Market Analysis
In July 2026, the median sale price in Miami-Dade County held roughly flat to $550,000, 0.0% year over year, a market stabilizing after the post-2021 run-up. Homes took about 88 days to go from listing to closing, a pace that shortened from a year earlier. Closed sales climbed (+8.7%), and with homes trading at 95.6% of list price, the market sits in balanced-to-seller territory. In practice, buyers face far less competition than they did from 2021 to 2023 and can take time to compare options, while sellers win with realistic pricing and sharp presentation rather than the list-and-wait approach that worked at the peak. All figures come from Pure Equity Realty MLS data and refresh each month.
Thinking of Selling?
A county median is a starting point, not a valuation. Tell us about your home and a licensed listing agent will send you a pricing opinion based on what has actually closed near you in Miami-Dade County.
Miami-Dade County recorded 2,072 closed sales during the period, +8.7% against the same month last year. Sales pace is the demand half of the picture. Read together with how long homes are taking and what share of asking price they fetch, it points to a balanced market.
Sales volume moved +8.7% year over year. More closings against a broadly similar pool of homes points to demand absorbing what comes to market rather than sitting on the sidelines. One caveat on that count: it reflects closings recorded in the MLS coverage this brokerage works in, so it tracks the direction of local activity rather than serving as a census of every sale in Miami-Dade County.
The median sale price in Miami-Dade County reached $550,000 this period, 0.0% year over year. Median means the midpoint rather than the average. A handful of very expensive or very cheap sales therefore cannot skew it. That makes it the more reliable gauge of what a typical Miami-Dade County home trades for.
Homes are closing at 95.6% of list price. On a home at the Miami-Dade County median, that is roughly $24,200 between asking price and final number. That is a normal, healthy spread, and it tells buyers a reasonable offer below asking is worth making.
Prices are close to flat against last year, which is what a market looks like when it has finished correcting and found a level buyers and sellers both accept.
Homes in Miami-Dade County are averaging 88 days on market, -2.2% compared with a year ago. Days on market counts the time from listing to accepted contract. In other words, it measures how quickly buyers commit, not how long a closing takes.
Homes are moving faster than they did last year. Buyers should have financing arranged and be ready to tour quickly, since the better listings will not wait. At roughly 88 days, the typical seller should plan for a listing period measured in months rather than weeks.
You have room to be selective in Miami-Dade County without being passive. There is enough inventory to compare several homes properly, and enough demand that genuinely good listings still sell, so move deliberately rather than slowly.
Watch the list-to-sale ratio before you write an offer. At 95.6%, offering somewhat below asking is normal here, and sellers expect some negotiation rather than treating it as an insult. Also remember that these figures cover Miami-Dade County as a whole. Individual communities inside Miami-Dade County can run hotter or cooler than the county-wide number. That is worth checking before you commit.
Pricing discipline is what separates the homes that sell from the ones that linger. With current inventory levels, buyers have alternatives, and they compare carefully before they commit. Price against what has actually closed nearby in the last few months, not against what neighbors are asking.
Presentation carries real weight at 88 average days on market. Professional photography, decluttering, and small repairs completed before listing all shorten the time to contract. Because homes are still moving quickly, a well-prepared listing can be under contract within weeks. A pre-listing inspection is also worth considering, since it surfaces problems on your schedule rather than a buyer's.
Median sale price is the midpoint of everything that sold. Half the homes traded above it and half below. Average days on market measures how long a typical listing waits for an accepted offer. Active listings counts what buyers can choose from right now. Closed sales counts what actually changed hands during the period.
The list-to-sale price ratio compares final sale price with asking price, as a percentage. A figure near 100% means homes sell close to what sellers ask. Months of supply combines inventory with the sales pace. It estimates how long clearing every active listing would take if nothing new arrived. Together these five numbers describe both price level and leverage. That is why we report them side by side rather than leading with price alone.
One caution applies to any market report. County-level and city-level figures describe the aggregate, and no single home is average. Consider three homes in the same zip code: one on the water, one backing a golf course, and one with a builder-standard interior. All three can behave very differently from each other and from the median.
Thinking about selling in Miami-Dade County? The agent you pick shapes two numbers: what your home closes for, and how long it takes. A listing agent, also called a seller's agent, prices the property against what has actually closed nearby. They also prepare and market it, screen the offers that arrive, and negotiate the terms rather than just the price.
Conditions in Miami-Dade County sit close to balanced, which rewards sellers who price against real closed sales instead of neighboring asking prices. Homes here are averaging about 88 days from listing to accepted offer, so build that into your moving timeline.
Local knowledge shows up in the details. Which streets hold value, how the association or flood zone affects a given address, and which recent sales genuinely compare to yours.
Pure Equity Realty is a licensed Florida brokerage serving Miami-Dade County. Onias Derilus is the broker of record, Florida Real Estate Broker license BK3276618. A broker holds a higher license than an agent working under one. In practice that means the person advising you on price is also the one legally responsible for the file. That matters most when a deal gets complicated.
People search for realtors, real estate agents, and real estate brokers more or less interchangeably. For most purposes the job title matters less than licensing and representation. Every licensed agent in Florida works under a broker. That broker carries final responsibility for the transaction.
What separates real estate professionals in Miami-Dade County is specificity. Can they answer questions about your street, not just your city? Ask what they have closed nearby and how they arrived at a price. A grounded answer cites particular recent sales. It also explains why those homes compare to yours. Vague reassurance is the warning sign.
A buyer's agent represents the purchaser rather than the owner. They identify properties that actually fit and research what comparable homes sold for, not what they asked. They also advise on offer strategy. Finally, they manage inspection and financing deadlines through to closing.
Where buyers have room to negotiate, as they do in Miami-Dade County, the leverage is only worth something if you know where it exists and what to ask for. If you are buying and selling at the same time, which is common for people moving within Miami-Dade County, sequencing the two is its own skill: contingencies, timing, and what happens if one closing slips all need planning before either home goes on the market.
Real estate commissions are negotiable. No law, multiple listing service, or association sets them. If an agent tells you there is a standard rate, they are misinforming you. What you pay is agreed between you and the brokerage you hire. Get it in writing before the work begins.
Industry rules changed in 2024. Now a buyer and their agent must put compensation in a written buyer agreement before touring homes together. Sellers may still offer to contribute toward the buyer's side. However, that is negotiated rather than assumed. It is worth thinking through with your listing agent before you go live.
Buying Instead?
Homes in Miami-Dade County are closing at 95.6% of list price, so knowing what to offer matters. We will help you find the right home and structure an offer that stands up.
Ask any listing agent you interview two questions. Which homes have they closed near Miami-Dade County, and how did they arrive at their suggested price? A grounded answer names recent closed sales. It also explains why those homes compare to yours. With a median around $550,000 here, the gap between realistic pricing guidance and optimistic guidance is real money. Verify the license too. Florida licenses are public and searchable through the state's DBPR portal. Pure Equity Realty is a licensed brokerage serving Miami-Dade County. You can reach the broker directly at (561) 835-5400.
A seller's agent prices the home against comparable closed sales. Before it goes live, they advise on repairs and presentation. Then they handle photography and marketing, and put the home in front of buyers and other agents. When offers arrive, they screen them and negotiate both price and terms. Terms matter as much as the number, because inspection windows, financing contingencies, and closing dates all affect whether an offer reaches the closing table.
Commissions are fully negotiable. No law or real estate board sets them. What you pay is whatever you and your brokerage agree to in writing before work begins. Since the 2024 rule changes, buyers and their agents must agree compensation in a written buyer agreement before touring homes. Any seller contribution toward the buyer's side is negotiated rather than automatic. Ask any agent you interview to put their fee in writing.
A real estate agent holds a state license to represent buyers and sellers. A broker holds a higher-level license and can operate a brokerage. That broker also carries final legal responsibility for the office's transactions. Realtor is a membership term for agents belonging to the National Association of Realtors. For someone buying or selling in Miami-Dade County, three practical questions matter. Is the person licensed, who do they represent in your transaction, and what can they actually tell you about your local market?
You are not legally required to use one, but most buyers in Miami-Dade County do. A buyer's agent handles the parts that are easy to get wrong. That means identifying what comparable homes actually closed for, spotting condition or association issues early, and managing inspection and financing deadlines. Even in a slower market, negotiating room is only useful if you know where it exists.
Yes. For people moving within Miami-Dade County it is often the more practical route, because one person coordinates both timelines. Sequencing is the hard part. Should your purchase be contingent on your sale? How would you cover a gap if the closings do not line up? What happens if one side is delayed? Plan all of that before either home is listed, rather than after an offer arrives.
As of July 2026, homes in Miami-Dade County are closing at 95.6% of list price and taking a median of 88 days from listing to closing. Together those point to a balanced market. Months of supply is the other standard test, and it is not quoted here because it needs a historical inventory count that this report does not carry.
The median sale price in Miami-Dade County is $550,000 as of July 2026, 0.0% compared with the same month last year. Median means half of all homes sold above that figure and half below. As a result, it reflects a typical sale rather than being pulled upward by a few luxury closings.
Homes in Miami-Dade County take a median of 88 days as of July 2026, -2.2% year over year. That span runs from the day a home is listed to the day it closes, so it already includes the 30 to 45 days a financed purchase spends in escrow. Time to an accepted offer is shorter, usually by about a month. Median means half of all homes took less than 88 days and half took longer, so a well-priced home in good condition can move considerably faster.
Homes are closing at 95.6% of list price. On a home at the Miami-Dade County median of $550,000, that is about $24,200 between asking and final price. That gives buyers a reasonable basis for negotiating below the asking price.
Prices in Miami-Dade County are essentially flat at 0.0% year over year as of July 2026. Closed sales moved +8.7% and the median time from listing to closing moved -2.2% over the same span. Those two usually turn before the median price does, so they are worth watching as the leading signal.
These figures are computed from closed sales in the multiple listing service data this brokerage licenses directly, covering July 2026. Median price, time from listing to closing, and the share of asking price achieved are all measured from actual closings rather than estimated. The sales count reflects closings recorded in the coverage we work in, which is thorough across Palm Beach, Broward and the Treasure Coast and thinner at the edges of the region, so read it as the direction of local activity rather than a census of every sale. The report regenerates each month rather than being updated by hand.
Data source: closed sales recorded in Pure Equity Realty MLS data (July 2026). Median price, time from listing to closing, and share of asking price are measured from actual closings. The sales count covers the MLS territory this brokerage works in rather than every sale in the area. Figures refresh each month.