Miami–Dade County's residential real estate market showed strong February 2026 performance with total home sales up 9.6% year-over-year. Single-family sales rose 4.3%, condos surged 14.7%. Median prices increased to $685,000 for single-family homes and $410,000 for condos. Inventory slightly declined overall, with a balanced market for single-family homes and a buyer's market for condos. Cash purchases made up 42.8% of sales. Total dollar volume rose 2.21% to $1.57 billion. Distressed sales remain minimal at 2.9%.