What It Means for You
Miami’s real estate market continues to soar — and for good reason. According to the MIAMI Association of REALTORS®, the median price for single-family homes in Miami-Dade County has now increased for an impressive 162 consecutive months. That’s over 13 years of uninterrupted price growth.
This sustained appreciation reflects the strength, desirability, and resilience of South Florida’s real estate market — even as national markets cool or flatten.
May 2025 Market Snapshot
• Median Price (Single-Family Homes): $650,000 (up from $622,500 in May 2023)
• Consecutive Monthly Price Growth: 162 months
• Inventory Update: Active listings are slowly increasing, providing more choices for buyers — but demand still outweighs supply.
What This Means for Buyers
If you’re considering buying in Miami, waiting may cost you. As home prices continue to climb, locking in a purchase now can help you build equity while avoiding future price increases. Despite higher mortgage rates, Miami’s long-term value makes it a smart move for serious buyers.
What This Means for Sellers
If you’ve been thinking of selling, this may be the perfect time. With home values at all-time highs and limited inventory in many neighborhoods, sellers can still benefit from strong buyer interest and competitive offers — especially if the property is priced and marketed correctly.
Why Miami Real Estate Keeps Growing
Several key factors continue to fuel demand for Miami homes:
• No state income tax
•. Desirable year-round climate
• Growth in tech, finance, and healthcare sectors
• International gateway city
• High quality of life and strong rental market
Miami’s combination of lifestyle and investment potential makes it attractive not just locally — but globally.
🧭 Ready to Make Your Move?
Whether you’re buying, selling, or investing in Miami, staying ahead of market trends gives you the edge. Our team is ready to help you navigate the market and reach your real estate goals.
📲 Contact us today to get expert advice, a free home valuation, or start your home search
📌 Source: MIAMI Association of REALTORS®
