Redfin’s Real-Time Fastest Markets Report offers an interesting glimpse at what housing markets are seeing the most activity. Is Miami among them?

Housing demand lessened somewhat nationwide in May, according to the latest Real-Time Fastest Markets Report from Redfin, though certain spots in the country definitely remain in high regard among homebuyers.

The percentage of homes going under contract within two weeks fell from 33.2 percent in April to 31.9 percent in April, a trend, Redfin reported, that is likely due to inventory increasing for two straight months.

And what of here in Miami? It was very interesting – though Miami is still plagued by low levels of inventory, it had among the lowest percentage of listings that pended within two weeks (18.4 percent in two weeks and just 11.4 percent in one week), and its 33 flash sales (listings that pend within 24 hours) was a bit low as well.

The crazy thing is, though Miami’s 3.7-months supply of homes is low, it’s still quite high among the nation’s other major metro markets, so its numbers are not as dramatic; for comparison’s sake, inventory in San Jose is down to 0.9-months!

For more perspective on where Miami stacks up with other metros, see our infographic below: