21,000+ closed MLS transactions across Miami-Dade, Broward, and Palm Beach for May 2024, 2025, and 2026. Built for the people who buy, sell, and manage real estate at scale.
Download Full Report (PDF)Seller credits are now standard in Dade and Broward. Broward condos keep losing ground. Miami-Dade distressed activity is normalizing off its 2025 lows. The luxury tier keeps widening out.
45% of financed Broward home buyers got a seller credit in May, up from 33% two years ago. In Miami-Dade the rate went from 25% to 42%. Roughly four in ten financed sales now include a credit.
Broward condo price per square foot fell to $242, down about 8% in two years. The steepest per-foot decline of any segment in the report.
Miami-Dade SFR distressed share returned to 3.45% after falling to almost zero in 2025. Condo sits at 2.18% on a similar path. Still low historically, but the direction matters.
9 homes sold for $20M or more in May, more than double the count two years ago. $5M+ sales went from 34 to 49, and the buyer pool reaches more neighborhoods.
| Metric | Value |
|---|---|
| Broward SFR financed concession rate · May 2026 | 45% (was 33%) |
| Miami-Dade SFR financed concession rate · May 2026 | 42% (was 25%) |
| Broward condo median price per square foot | $242 (−8% / 2yr) |
| Miami-Dade SFR distressed share · May | 3.45% |
| Miami-Dade $20M+ home sales | 9 (2× vs 2 years ago) |
| Palm Beach SFR median price | $750K (+9.5% / 2yr) |
Four narrative sections with charts. Five standard metrics with three-year trend tables. Seven seller strategy points grounded in May data. Full appendix with closed-transaction tables.