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Is Miami a Buyer's Market?

Parts of Miami may be shifting toward better buyer leverage, but the answer is ZIP-specific and still mixed. 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.

Where buyers have measurable leverage

Parts of Miami may be shifting toward better buyer leverage, but the answer is ZIP-specific and still mixed. 0 of 30 ZIPs (0%) show faster inventory growth.

Across tracked ZIPs, the median is 69 pending homes per 100 new listings.

Sources and method

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