The latest data across Miami-Dade, Broward, and Palm Beach Counties points to a market that continues to normalize while remaining remarkably resilient. Median listing prices have held relatively steady, with only modest year-over-year adjustments, while active inventory remains below last year's levels across all three counties. Pending listings continue to outperform last year, demonstrating that buyers are still actively entering the market despite a more measured pace.
Properties are also selling in roughly the same timeframe as they did a year ago, reinforcing that well-priced homes continue to attract demand. Overall, today's market favors strategic pricing and thoughtful presentation over speculative pricing.
Miami-Dade County
- Median Listing Price: $592,450 (−3% YOY / 0% MOM)
- Active Listings: 17,024 (−12% YOY / −1% MOM)
- Median Days on Market: 86 (−1% YOY / +4% MOM)
- New Listings: 3,392 (−3% YOY / −2% MOM)
- Price Increases: 182 (−11% YOY / −24% MOM)
- Price Reductions: 2,938 (−31% YOY / −10% MOM)
- Pending Listings: 3,653 (+12% YOY / −4% MOM)
- Median Price per Square Foot: $461 (−3% YOY / −1% MOM)
Broward County
- Median Listing Price: $381,950 (−5% YOY / +1% MOM)
- Active Listings: 14,870 (−16% YOY / −2% MOM)
- Median Days on Market: 82 (−1% YOY / +2% MOM)
- New Listings: 3,440 (+1% YOY / +2% MOM)
- Price Increases: 136 (−9% YOY / −17% MOM)
- Price Reductions: 3,608 (−27% YOY / +2% MOM)
- Pending Listings: 3,661 (+11% YOY / −2% MOM)
- Median Price per Square Foot: $304 (−3% YOY / +1% MOM)
Palm Beach County
- Median Listing Price: $496,200 (−1% YOY / −1% MOM)
- Active Listings: 11,072 (−21% YOY / −5% MOM)
- Median Days on Market: 77 (−4% YOY / +3% MOM)
- New Listings: 2,884 (−2% YOY / −3% MOM)
- Price Increases: 100 (−26% YOY / −29% MOM)
- Price Reductions: 2,784 (−34% YOY / −16% MOM)
- Pending Listings: 3,673 (+18% YOY / −5% MOM)
- Median Price per Square Foot: $306 (0% YOY / −1% MOM)
Key Takeaways
📍 Miami-Dade
- Highest median listing price in South Florida at $592K.
- Pending sales remain 12% above last year, reflecting resilient buyer demand.
- Inventory remains below last year's levels while pricing has remained relatively stable.
📍 Broward
- Median listing prices eased 5% year over year.
- New listings increased slightly (+1%), while pending activity continues to outperform 2025.
- Buyers continue to transact despite a measured market pace.
📍 Palm Beach
- Strongest pending activity in the region (+18% YOY).
- Lowest year-over-year decline in median listing price (−1%).
- The fastest-moving market of the three with a median of 77 days on market.Behind the Numbers
Additional Insight
One of the most encouraging trends this month is the continued decline in price reductions across South Florida. Miami-Dade, Broward, and Palm Beach all recorded significantly fewer price reductions than a year ago, suggesting that sellers are entering the market with more realistic pricing expectations from the outset.
At the same time, pending sales remain well ahead of last year's levels across all three counties, indicating that buyer demand continues to support transaction activity. Rather than signaling a rapidly accelerating market, these trends reflect a healthier balance between buyers and sellers—one where accurately priced properties continue to generate meaningful interest while overpriced listings face greater competition.
Market data is sourced from third-party providers and reflects information available at the time of publication. Figures are subject to revision, errors, and omissions.
