Miami's home sales grew 5% year over year in September, with single-family homes up 7% and condos up 2%. Total dollar volume increased 11%, and $1 million-plus transactions rose 20%. Affordable condos priced at $250,000 or below surged 30.3%. Declining mortgage rates and limited new condo listings are driving demand and putting upward pressure on prices, reflecting South Florida's strong market appeal.