Statura Intelligence
Miami-Dade Home Sales Rise for Ninth Consecutive Month
MIAMI , June 16, 2026 /PRNewswire/ -- Miami-Dade total home sales rose year over year for the ninth consecutive month as South Florida's heavy-cash, high-demand market continues to lead the nation, according to May 2026 statistics released by MIAMI REALTORS ® + RWorld, the MIAMI MLS and BeachesMLS. Total home sales increased 7.9% year-over-year. Single-family home transactions rose 10.5%, while condo sales increased 5.4%. Sales of Miami properties priced at $1 million and above climbed 14.7% from a year earlier. At the more accessible end of the market, condo sales in the $200,000 to $300,000 price range surged 23% year-over-year. "The story of Miami real estate has always been long-term growth and resilience," MIAMI REALTORS ® + RWorld Chairman of the Board Alfredo Pujol said. "Miami and South Florida continue to be one of the nation's top-performing housing markets, delivering homeowner equity gains that are nearly twice the national average." South Florida real estate rankings: #1 Ultra-Luxury Market in the U.S.: South Florida averages one $10M home sale per day. In 2025, South Florida posted the most $20M & up condo sales in its history; the second-most $10M & up total home sales in history; and more. #1 Market in the U.S. for Cash Buyers: 82% of Miami $1M & up condo sales were all-cash in 2025. The Miami MSA leads the nation in all-cash sales , which means many buyers are operating on liquidity, not debt. #1 in the U.S. for Most Multifamily Construction: Southeast Florida has the most intense multifamily construction activity in the nation as of 2025 Q4, with 36,290 units, adding 9% to the current stock via MIAMI REALTORS ® Research. #1 in Home Equity: Miami-Dade home equity gains are nearly 2X the national figure. As of 2025 Q4, Miami-Dade County homebuyers who purchased a single-family home 15 years ago have a median equity of $560,790 compared to $300,504 nationally via MIAMI REALTORS ® Research. Miami Total Sales Rise for Ninth Consecutive Month Total Miami-Dade sales increased 7.9% year-over-year in May 2026, from 1,913 to 2,064. Total $1M and up home sales increased 14.7% in May 2026, from 389 to 446. Miami-Dade single-family $1M and up home sales increased 26.7% year-over-year in May 2026, from 232 to 294. The sales total doesn't include South Florida's new construction, pre-construction and condo conversion sales because they are largely not reported in the MLS. But MIAMI led the charge to publish two new construction reports. International buyers purchased 49% of new South Florida construction, pre-construction and condo conversion sales over an 18-month period ending in July 2025, according to MIAMI REALTORS ® first-ever New Construction Global Sales Report in collaboration with industry leaders. Our second New Construction Global Sales Report, published in November 2025, showed an increase in global sales and buyers from 73 countries, according to the MIAMI REALTORS ® November 2025 Global Sales Report in collaboration with industry leaders. Miami-Dade Single-Family Home Sales Increase for the Ninth Consecutive Month Miami single-family home sales increased 10.50% year-over-year in May 2026, from 943 to 1,042. Miami existing condo sales increased 5.4% year-over-year in May 2026, from 970 to 1,022. Miami condo sales have risen year-over-year in seven of the last nine months. The lack of Federal Housing Administration loans for many existing Miami condominium buildings is preventing further market strengthening. Of the 2,397 condominium buildings in Miami-Dade, Broward and Palm Beach counties, only 21 ... Full story available on Benzinga.com