The Red Beryl Group

Seller guide · Miami-Dade County

Selling a home in Miami-Dade: price it, prepare it, time it.

How the market stands for sellers right now, how we recommend a list price, and how a sale moves from the first conversation to closing.

In short

  • Miami-Dade is two markets. In September 2026, single-family homes had 5.1 months of supply, which MIAMI REALTORS® says indicates a seller’s market. Existing condos and townhouses had 12.3 months, which it says indicates a buyer’s market.
  • Sellers received a median 95.3% of original list price for single-family homes and 93.9% for condos and townhouses.
  • Homes that sold went under contract in a median 41 days (single-family) and 67 days (condos and townhouses).
  • We recommend a list price based on recent comparable sales, the homes you will compete with, and condition.

Source: MIAMI REALTORS® / SEFMLS, Miami-Dade County, September 2026 data, released Oct. 16, 2026. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS® for the period 09/01/2026 through 09/30/2026.

Which market is your home in?

Miami-Dade does not move as one market. MIAMI REALTORS® treats under six months of supply as a seller’s market, six to nine months as balanced, and more than nine months as a buyer’s market. By that measure, single-family homes and condos sit on opposite sides.

Miami-Dade County, September 2026 (September 2025 and the change in parentheses)

MeasureSingle-family homesCondos and townhouses
Months of supply5.1 (6.5)12.3 (14.0)
MIAMI REALTORS® label“indicates a seller’s market”“indicates a buyer’s market”
Median sale price$692,000 ($665,000; +4.1%)$417,090 ($420,000; −0.7%)
Active listings4,536 (5,437; −16.6%)11,706 (12,620; −7.2%)
Closed sales824 (865; −4.7%)909 (904; +0.6%)
Median days, list to contract41 (50)67 (75)
Median % of original list price received95.3% (94.7%)93.9% (92.9%)

Source: MIAMI REALTORS® / SEFMLS, Miami-Dade County, September 2026 vs. September 2025, released Oct. 16, 2026. New construction is largely not reported in the MLS, so these figures mainly reflect resales. Condo figures include townhouses; single-family figures exclude townhouses. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS® for the periods 09/01/2025 through 09/30/2025 and 09/01/2026 through 09/30/2026.

For a single-family seller, fewer competing listings and faster contracts work in your favor. The numbers also show that buyers still negotiate: the typical home sold below its original list price. For a condo or townhouse seller, buyers have many choices, so price, presentation and the building’s paperwork carry more weight. The Miami-Dade housing market report has the full figures and the two-year trend.

How we recommend a list price

The list price is your decision, and it should rest on evidence. Our recommendation starts with a comparative market analysis:

  • Recent closed sales of similar homes nearby, adjusted for size, condition, updates and location.
  • The active and pending listings you will compete with, and how long similar homes have been on the market.
  • For a condo, the building itself: its fees, its reserves and inspection status, and recent sales in the same building.
  • For a two-to-four-unit property, the rents and expenses, because many buyers will judge it as an investment.

Alexis V. Torres holds the NAR Pricing Strategy Advisor (PSA) certification, which centers on building a defensible, data-backed pricing recommendation. Peter J. Moreno, Jr., MBA adds the investment analysis for income properties.

A comparative market analysis from a real estate licensee is an opinion of value. It is not an appraisal, and Florida law does not allow it to be called one. A buyer’s lender will usually order its own appraisal.

Preparing the home and the paperwork

Preparation is where a sale gains or loses time. Before listing, we walk the home with you and decide what is worth fixing and what is better reflected in the price.

  • Condition. Address what an inspector is likely to flag, or price it in knowingly.
  • Documents. The survey, permits for past work, warranties and any association documents.
  • Condos. The association’s budget, any approved special assessments, and the status of the building’s milestone inspection and structural integrity reserve study. Florida requires condominium buildings of three or more habitable stories to have milestone structural inspections once they reach a set age, and their associations to complete structural integrity reserve studies, so buyers and their lenders often ask for these early.
  • Disclosure. Florida sellers must disclose known facts that materially affect a home’s value and are not readily observable to the buyer. Florida also requires sellers of residential property to give the buyer a flood disclosure at or before signing the contract. We explain the standard forms; for legal questions about your situation, a real estate attorney is the right resource.

How a sale unfolds

  1. A first conversation about your goals, your timing and any date you need to meet.
  2. The pricing analysis and a plan for list price, preparation and marketing.
  3. Preparation: repairs, photography and documents.
  4. Listing and showings.
  5. Offers and negotiation: price, terms, contingencies and the closing date.
  6. Under contract: inspection, appraisal and the buyer’s financing, on the timelines the contract sets.
  7. Closing with the title company or closing attorney.

For context, homes that sold in September 2026 went under contract in a median 41 days for single-family homes and 67 days for condos and townhouses, according to MIAMI REALTORS®. Preparation comes before that, and the contract sets the time to closing.

Source: MIAMI REALTORS® / SEFMLS, Miami-Dade County, September 2026 data, released Oct. 16, 2026. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS® for the period 09/01/2026 through 09/30/2026.

Selling one home and buying the next

Selling and buying at the same time is a sequencing problem: which closes first, where you live in between, and which contingencies protect you. The two homes may also sit in different markets. We plan the sale and the purchase together. See the buyer guide for the purchase side.

If your home is already listed

If your home is listed with another agent under a written agreement, we’d ask that they continue representing you. We’re glad to help whenever that agreement ends.

Questions we hear

Is Miami-Dade a buyer’s market or a seller’s market right now?

It depends on the property type. In September 2026, single-family homes had 5.1 months of supply, which MIAMI REALTORS® says indicates a seller’s market. Existing condos and townhouses had 12.3 months, which it says indicates a buyer’s market.

How long does it take to sell a home in Miami-Dade?

Homes that sold in September 2026 went under contract in a median 41 days for single-family homes and 67 days for condos and townhouses, according to MIAMI REALTORS®. Preparation comes before that, and the contract sets the time from contract to closing.

How do you recommend a list price?

With a comparative market analysis: recent sales of comparable homes, the listings you will compete with, condition and, for a condo, the building itself. The list price is your decision. Alexis V. Torres holds the NAR Pricing Strategy Advisor (PSA) certification.

Is a comparative market analysis the same as an appraisal?

No. A real estate licensee’s comparative market analysis is an opinion of value, and Florida law does not allow it to be called an appraisal. Appraisals are performed by licensed or certified appraisers and are usually ordered by the buyer’s lender.

What should a condo seller prepare?

The association’s budget and financial statements, any approved special assessments, and the status of the building’s milestone inspection and structural integrity reserve study where those apply. Buyers and their lenders often ask for them early.

Which parts of Miami-Dade do you cover?

All of Miami-Dade County, from Aventura and Miami Beach to Doral, Hialeah, Kendall, Coral Gables and Homestead. Our office is in Miami Lakes, and we also serve Broward and Palm Beach counties.

Figures in these answers: Source: MIAMI REALTORS® / SEFMLS, Miami-Dade County, September 2026 vs. September 2025, released Oct. 16, 2026. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS® for the periods 09/01/2025 through 09/30/2025 and 09/01/2026 through 09/30/2026.

Start with eight quick questions

Tell us about your property and your timing. Peter or Alexis will contact you personally, typically within minutes from 8 AM to 8 PM Eastern, and first thing the next morning after hours.

Sources

  1. MIAMI REALTORS®, September 2026 Miami-Dade release (Oct. 16, 2026)
  2. Florida REALTORS® summary: Miami-Dade single-family homes, September 2026 (PDF)
  3. Florida REALTORS® summary: Miami-Dade townhouses and condos, September 2026 (PDF)
  4. Fla. Stat. 475.25(1)(t): a licensee’s opinion of value may not be called an appraisal
  5. Fla. Stat. 553.899: milestone inspections of condominium buildings
  6. Fla. Stat. 718.112: condominium association budgets and structural integrity reserve studies
  7. Fla. Stat. 689.302: flood disclosure in the sale of residential property