Miami Total Sales Rise for Eighth Consecutive Month
Carlos Morean
05/26/26
Miami Total Sales Rise for Eighth Consecutive Month
Great news for our market! Miami-Dade total home sales rose year-over-year for the eighth consecutive month, proving once again just how robust and resilient our local real estate fundamentals are. April transactions climbed 5.6% overall, with single-family home sales jumping an impressive 8.63%.
Cool Facts & Key Numbers to Share with Your Clients:
The Luxury Boom is Real: Sales of ultra-luxury properties priced at $5 million and above skyrocketed by 25% compared to last year. Additionally, single-family homes in the $1M+ tier surged nearly 20%.
Cash is King: Cash sales made up 38.5% of all closed transactions last month—well above the national average of around 25%. This means a huge portion of our buyers are operating on liquidity rather than debt, insulating them from fluctuating mortgage rates.
Historic Financial Health: Talk about a healthy market—distressed sales (bank-owned properties and short sales) accounted for a mere 0.2% of all closed residential sales.Compare that to 2009, when distressed properties made up a staggering 70% of local transactions!
This steady momentum gives buyers and sellers every reason to be confident this season. For the full data breakdown, historical comparisons, and more insights to share with your sphere, check out the officialMIAMI REALTORS® report here: Miami Realtors Article.
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