All Insights
Market Report
Miami $5M+ Market Report — Q1 2026
Miami-Dade luxury single-family sales rose 19.6% year over year in Q1 2026 as prices held steady and inventory loosened to ~6.4 months — room for buyers.
By Laura Hunter1 min read
A quarterly briefing on the top of Miami-Dade's single-family market. Figures reflect Q1 2026, the most recent quarter with published luxury data.
Three takeaways for Q1 2026
- Luxury demand is up while prices hold — Miami-Dade luxury single-family sales rose 19.6% year over year to 752 closings, yet the average luxury sale price stayed essentially flat at $3.17M.
- The bar for "luxury" keeps rising — the top-5% price threshold jumped from $3.2M to $4.1M in a year (ultra-luxury now $13.6M), fueled by wealth migration and a record $170M Indian Creek sale.
- Buyers finally have room — inventory sits at a balanced ~6.4 months and roughly 1 in 3 deals is all-cash; well-priced homes still move in under 60 days, but overpriced listings sit, creating real leverage outside the trophy waterfront.
Thinking about a move at the high end? Let's talk strategy.
