Real Estate Market


South Florida Real Estate Market


Facts and Trends in Miami-Dade and Broward Counties

Last report: November 2015 - Next report: February 2016

November 2015 is a Buyer's market*.

*Buyer's market: more than 6 months of inventory based on closed sales.
Seller's market: less than 3 months of inventory based on closed sales.
Neutral market: 3 - 6 months of inventory based on closed sales.
Miami Dade and Broward
Counties combined:
3485 homes for sale.


Home For Sale in November 2015 is 30485 units. It is up 1.8% compared to the last month and up 2.6% compared to the last year. 
Home Closed in November 2015 is 3925 units. It is down 26.4% compared to the last month and down 9.4% compared to the last year. 
Miami Dade County

Home For Sale in November 2015 is 17894 units. It is up 1.7% compared to the last month and up 6% compared to the last year. 
Home Closed in November 2015 is 1896 units. It is down 27.7% compared to the last month and down 15.4% compared to the last year. 
Over $1,5 Million: 3121 Homes 
for sale in Miami Dade County.


Home For Sale in November 2015 is 3121 units. It is up 7% compared to the last month and up 36.3% compared to the last year. 
Home Closed in November 2015 is 81 units. It is down 30.2% compared to the last month and down 3.6% compared to the last year.