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Is Miami Housing Market Cooling?

Miami shows selective cooling and normalization signals rather than a single citywide trend. 8 of 30 tracked ZIPs (27%) show the current cooling flag. 0 of 30 ZIPs (0%) show faster inventory growth. The median tracked ZIP records about 69 pending homes per 100 new listings.

Key stats

  • 8 of 30 tracked ZIPs (27%) show the current cooling flag.
  • 0 of 30 ZIPs (0%) show faster inventory growth.
  • The median tracked ZIP records about 69 pending homes per 100 new listings.
  • The metro income-needed indicator changed -1.87% year over year.
Tracked ZIP markets
30
Median ZIP home value
$606,807
Median ZIP rent
$2,761
cooling share
8 of 30 tracked ZIPs (27%) show the current cooling flag.
inventory growth share
0 of 30 ZIPs (0%) show faster inventory growth.
median pending flow
The median tracked ZIP records about 69 pending homes per 100 new listings.

How broad is the cooling in Miami?

8 of 30 tracked ZIPs (27%) show the current cooling flag. 0 of 30 ZIPs (0%) show faster inventory growth.

Sources and method

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