Current Market Data
The chief economist for the National Association of REALTORS® also predicts home prices will climb 4% compared to 2025.
At the same time, the average age of the first-time buyer hit an all-time high of 40, according to the 2025 Profile of Home Buyers and Sellers.
At the top of the list? WaterSense fixtures — the plumbing solution, which claims to reduce water use by more than 20%, increased in popularity by 289.6%.
The association’s research shows that normal supply-and-demand trends led to Miami’s current high prices, rather than an unsustainable bubble like the one associated with the Great Recession.
Buyer demand drove consistent price growth in South Florida’s luxury market during the third quarter, according to The Keyes Company and Illustrated Properties’ latest Luxury Market Report.
Nationwide, the median price for a single-family home increased 1.7% year over year to $426,800. Prices increased by the same annual rate during the second quarter.
Houses lingered on the market last month in South Florida’s market. Meanwhile, inventory boomed and existing-home sales grew, according the latest Housing Scorecard.
How will the government shutdown hit the real estate market? Will big company mergers change the industry landscape? Economist Matthew Gardner is back answering those questions and more in his Q3 2025 Update with Agent Publishing Co-Founder Anne Hartnett.
During the best sales month of the year so far, total home sales in Miami grew 5% year over year.
The countries took the No. 1 and No. 2 spots, respectively, followed by Colombia.
Given the rate of sales, the nation had a 4.6-month housing supply, up from 4.2 months a year prior.
Miami’s densely developed neighborhoods and bike-friendliness helped boost the city’s ranking.
Nationally, home sales in the 52 metro areas surveyed by RE/MAX increased 8.5% year over year for the fourth time in 2025, but declined 4.6% month over month.
Tapping into Realtor intel, Zillow analyzed its listing database for keywords that are increasing most in popularity heading into the new year.
Agent Publishing Founder and Publisher Anne Hartnett discusses Brokerage Culture with Realogics Sotheby’s International Realty’s Val Burmester, Rachel Schindler and Dean Jones.
The cheapest home sold in Fisher Island this year fetched $1.41 million.
