Is the housing market slowing down in Miami-Dade County, FL?

Yes — sales activity in Miami-Dade County, FL is down. 1,997 homes sold during May 2026, against 2,187 in the same months a year earlier, a drop of 9%.

1,997

Homes sold

May 2026

2,187

Same months last year

▼ 9%

2,690

Two years ago

the May window

Days to sell (typical)

▲ 2 days vs last year

This page is about how many homes changed hands, not what they cost. The two move separately: prices are set by the homes that did sell, and volume tells you how many people managed to transact at all. A market can hold its prices while activity quietly drains out of it.

The change clears both tests we require before naming a direction: it is more than 3% in relative terms, and it is larger than the ordinary month-to-month variation you would expect on a market that sells 1,997 homes at a time.

The longer view, all measured over the May window so the season is held constant: 2,690 homes sold two years ago, 2,187 last year, 1,997 now. Activity is meaningfully below where it was two years ago.

What is on the shelf next to what is selling: 15,381 homes were on the market in Miami-Dade County, FL, and 1,997 sold. At that pace it would take about 7.7 months to clear them all. There are more homes for sale than buyers. Buyers have the edge.

Every comparison on this page is to the SAME calendar months a year earlier, never to last month. Home sales roughly double between January and May in most of the country, so a month-over-month reading would tell you about the season and nothing about the market.

Source: Redfin's published market data for the Miami-Dade County, FL area, through May 2026.

Typical sale price, month by month.

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Figures come from Redfin's published market data for the Miami-Dade County, FL area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.