As someone who’s spent years navigating the Miami–Fort Lauderdale real estate landscape, I’ve seen firsthand how dynamic our market can be. Right now, Miami’s housing inventory is tightening: active listings are down 16.9% compared to last year, and new listings have dipped by 2.9%. Although the median list price has edged down 2.9% to $495,000, our local prices remain well above the national average. Homes are taking a bit longer to sell, too—about 85 days on average, compared to the national median of 57 days. These trends highlight just how unique and competitive the Miami market continues to be.
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