Miami Real Estate Market Report — Q1 2026

Miami-Dade's residential market continues to demonstrate remarkable resilience heading into 2026. Active inventory has increased moderately year-over-year, providing buyers with more options while keeping prices stable in premium neighborhoods.

Brickell remains the most active submarket with over 2,400 active listings, followed by South Beach and Coral Gables. The median price across Miami-Dade sits at approximately $625,000 for residential properties, with luxury condos in areas like Bal Harbour and Key Biscayne commanding significantly higher premiums.

Pre-construction activity is accelerating, with several high-profile developments like The St. Regis Brickell and Rivage Bal Harbour attracting strong international interest. Developers report that 40-60% of units in new towers are being purchased by buyers from Latin America and Europe.

For buyers, the current market offers a window of opportunity — inventory is available, financing rates have stabilized, and the long-term fundamentals of Miami (population growth, tax advantages, global city status) remain intact. Sellers in well-positioned properties continue to achieve strong prices, particularly in waterfront and luxury segments.