The pace of Miami home sales climbed 2.5% year over year in January, representing one of the few markets to see an increase in transactions, according to the latest REMAX National Housing Report.  

Nationally, home sales in the 51 metro areas surveyed by REMAX declined 6% year over year and 32% month over month. 

The number of homes for sale in January rose 10.9% year over year and dipped 0.1% month over month, marking the 25th consecutive month of annual gains. Months’ supply of inventory was 3.1 months, up from 2.8 months in January 2025 and down from 3.5 months in December. Miami continued to lead the nation in months’ supply, with seven months following a 2.3% annual increase from 7.2 months. 

The national median sales price rose 1% year over year to $425,000. Month over month, it was down 2%. The average close-to-list-price ratio was 98%, the same as in January 2025 and December 2025. 

“In a month that is traditionally slow, inventory was higher than it was a year ago, and new listings came to market, giving buyers more options,” REMAX CEO Erik Carlson said. “Even as sales adjusted seasonally, the fundamentals point to a market that continues moving toward balance.”