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Market Update May 2025
North Miami Market Update – May 2025With 13.87 months of inventory and homes staying on the market for 68 days, North Miami is firmly in buyer’s market territory. Despite a high list-to-sold ratio of 97.2%, inventory and days on market are up significantly. A strong opportunity for buyers looking to negotiate favorable deals.Sunny Isles Beach Market Snapshot – May 2025Sunny Isles Beach shows 23.63 months of inventory, with homes taking an average of 98 days to sell. While median sold price has surged to $1.2M, buyer power is increasing due to sluggish turnover. Sellers are still closing at 93% of...
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