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United States > Florida > Miami-Dade > Miami

Miami Florida Housing Market Overview

Miami’s real estate market continues to demonstrate remarkable resilience and growth, with current median home prices hovering around $632,000. The market has shown a healthy 5.3% increase in median sale prices over the past year, despite a slight cooling in overall sales volume. For homeowners considering selling, it’s worth noting that properties in Miami typically spend about 78 days on the market, though this can vary significantly by neighborhood and property type.

The market presents interesting dynamics for sellers to consider. While only 3.3% of homes are selling above list price, the average sale-to-list price ratio stands at 94.3%, indicating that realistic pricing strategies are key in today’s competitive market. Notable trends include a growing influx of buyers from New York and other northeastern states, with 70% of local buyers choosing to remain within the metropolitan area. Popular neighborhoods like Brickell, Coconut Grove, and Coral Gables continue to attract strong interest, though about 17.2% of listings have experienced price adjustments to meet market conditions. Given these market indicators, sellers who price their homes strategically and work with knowledgeable professionals are best positioned to maximize their returns in Miami’s dynamic real estate landscape.

Why now is a good time to sell your property in Miami Florida

We serve throughout Miami-Dade County, including Brickell, Coconut Grove, and Coral Gables. Our range includes all property types — from waterfront condos to historic homes — in every major neighborhood. We understand Miami’s unique challenges, including properties affected by flooding (53% at risk) and hurricane concerns (100% wind risk). Our local team provides personalized solutions for each situation, ensuring smooth transactions regardless of your property’s condition or location. With our 72-hour response guarantee and ability to close in 10 days, we make selling your Miami home simple and stress-free.

Experience a Better Way to Sell Your Miami Home

Benefits of Owner Advocate

Benefits of Owner Advocate


In Miami’s current market, where homes average 78 days to sell and only 3.3% sell above list price, our streamlined process offers a faster, more reliable alternative. Whether your property faces challenges from South Florida’s climate or just needs updates, we provide a straightforward solution for homeowners throughout Miami-Dade County.
Simple 4-Step Home Sale Process

The process begins with a brief consultation to share your situation and timeline, followed by a property evaluation with a thorough assessment of your Miami home. After this, you will receive a cash offer by connecting with qualified buyers within 72 hours, and finally, a quick closing where you can finalize the sale in as few as 10 days.

At Owner Advocate, we’ve streamlined the process of selling your Miami home. We manage all details — from evaluation through closing — considering current market conditions where homes typically sell for $632,000. No repairs are needed, no realtor commissions, and no hidden fees. We help coordinate closing costs, making the entire process truly hassle-free for Miami homeowners.
$632,000
Median Sale Price
94.3%
Sale to List Ratio
78
Days on Market
$516
Price Per Square Foot
3.3%
Percent of Sales Over List Price
17.2%
Percent of Listings with Price Cuts
5.3%
Year Over Year Price Change
-9.19%
Year Over Year Sales Change
77
Walkability Score
57
Transit Score
64
Bike Score
53%
Flood Risk Properties
100%
Severe Wind Risk Properties
97%
Heat Risk Properties
(Metrics from Redfin)
How does this data help me?
The Owner Advocate displays market data by showing market changes in locations across the USA
City Map
Miami Key Takeaways
Median Sale Price:
$632,000
Miami housing market is changing
$632,000
The average home value is $632,000 and goes to pending in around days.
Average Days on Market
on average for MLS listed homes
Don't wait!
Now is a great time to sell your home.
Get the best cash offer for your property
Your home has more value than you might expect.

Why now is a good time to sell your property in Miami Florida?

Need to Sell Your Miami Home Quickly?

When life changes unexpectedly, a fast home sale can provide the solution you need. Whether facing relocation, inheritance responsibilities, or financial challenges, having a quick-sale option gives you control over your timeline. In Miami’s dynamic market, traditional sales processes may not align with your urgent needs.

Common situations include job relocations requiring quick moves, financial challenges needing immediate resolution, inherited properties requiring fast liquidation, divorce settlements demanding swift action, and avoiding foreclosure situations.

With our network of buyers ready to close in as little as 10 days, versus the traditional 78-day market average, we provide the speed and certainty you need to move forward. From Brickell to Coconut Grove, we help homeowners across Miami-Dade sell their homes quickly and stress-free.

Frequently Asked Questions About Selling Your Miami Home

Q: How quickly can you close on my Miami home?

A: We can connect you with qualified buyers within 72 hours of viewing your property and close in as few as 10 days. Unlike traditional real estate transactions that can take months, our streamlined process lets Miami homeowners get their cash quickly. We handle all paperwork and coordinate with title companies to ensure a smooth, rapid closing.

Q: Do you purchase homes in as-is condition?

A: Yes, our network of buyers accepts Miami homes in any condition — from modern Brickell condos to historic Coral Gables properties needing major repairs. There’s no need to fix anything or even clean. Any needed repairs are handled after purchase, saving you time and money. Whether your property has structural issues, tenant problems, or just needs updating, we’ll help you get a fair cash offer.

Q: What fees or commissions should I expect?

A: You pay no fees when working with Owner Advocate. We help coordinate all closing costs, and there are no real estate commissions. In the Miami market, where traditional sales typically include 6% agent fees plus closing costs, this can save you tens of thousands of dollars. The offer you receive is what you get — no hidden fees or surprises.

Q: How does your home selling process work?

A: Our process is simple: First, share basic details about your Miami property. Within 72 hours, we conduct a free property evaluation and present qualified cash buyers based on current market conditions in your neighborhood. If you accept an offer, you choose the closing date. We handle all paperwork and can close in as few as 10 days or on your preferred timeline.

Q: Can I sell if my property has tenants?

A: Absolutely! We regularly assist with Miami properties that have existing tenants. Whether they’re on a long-term lease or a month-to-month arrangement, we’ll work with your situation. Buyers can either maintain current tenants or assist with relocation, making the process stress-free for both property owners and residents.

Q: Do you buy houses in other locations in Florida?

A: Yes, we buy houses throughout Florida, including Fort Lauderdale, Hialeah, Jacksonville, Orlando, Pompano Beach, and Tampa.

Get Top Dollar for your Home

Sell Your Miami Home Fast — Get Started Today

Skip the traditional 78-day waiting period and uncertain market conditions. Owner Advocate connects you with qualified buyers within 72 hours and helps you close in as few as 10 days. With Miami’s median home price at $632,000, our streamlined process helps you maximize value while minimizing stress.

Why Choose Us:
  • No repairs needed
  • No commission fees
  • No closing costs
  • Any condition accepted


Contact us now to connect with qualified buyers offering fair market value. Let us handle the complexities of selling your Miami home so you can focus on your next chapter.
Get Top Dollar Now