The pace of Miami home sales surged 37.7% month over month and 10.4% year over year in March, according to the latest REMAX National Housing Report.  

Nationally, home sales in the 50 metro areas surveyed by REMAX posted their largest monthly gain in three years, increasing 31.6%. Transactions were up 3.4% on an annual basis. 

The number of homes for sale in March rose 4.5% month over month and 4.4% year over year. New listings jumped 29% month over month but slid 4% year over year. Months’ supply of inventory was 2.3 months, down from 2.8 months in February but up from 2 months in March 2025.  

The national median sales price of $440,000 represented a 2.3% or $10,000 month-over-month increase. Year over year, the median price was up 1.1% or $5,000. The average close-to-list-price ratio was 99%, the same as in March 2025 but up from 98% in February. 

“March’s increase in sales is a signal that buyers and sellers are re-engaging as the spring market gets underway,” REMAX  President and Chief Growth Officer Chris Lim said. “At the same time, moderate price growth and inventory changes could signal the pace is becoming more deliberate, pointing to a housing market that’s shifting toward balance rather than momentum. This suggests the next phase of the housing market being defined less by speed and more by precision.”