A broad, across-the-board price drop is not what current data shows — single-family home prices remain relatively stable to rising due to tight inventory, while condo prices in some buildings and areas have softened due to significantly higher supply. Why a Uniform "Drop" Is Unlikely for Single-Fami

As of late summer 2026, single-family homes in Miami-Dade are taking a median of about 52 days to go under contract (roughly 94 days to close), while condos are taking closer to 85 days to go under contract (around 124 days to close). Why This Number Matters Days on market is one of the clearest sig

Short answer: Miami-Dade home prices have continued to rise year-over-year in 2026, though at a more moderate pace than the sharp increases seen in prior years, while the pace of sales has slowed and homes are taking longer to find a buyer. The Bigger Picture After several years of rapid appreciatio

For single-family homes, it's still a competitive, seller-leaning market with roughly 4.9 months of supply, but condos have shifted firmly in buyers' favor, with about 12.3 months of supply — meaning the right answer depends heavily on which property type you're targeting. Why the Answer Splits by P