Miami-Dade Total Home Sales Rise for 11th Consecutive Month

Miami-Dade home sales rose 8.6% year-over-year in July 2026, with single-family homes up 5.6% and condos up 11.4%. Sales of $1M+ homes increased 15.5%, with 82% of $1M+ condo sales paid in cash. Condo prices have appreciated 252% since 2011, while single-family home prices rose 296.6%. Inventory declined, creating a seller's market for single-family homes. Distressed sales remain historically low at 0.2%.