Market Update

Market updates

I post one letter a month for each market I follow.

Published October 25, 2026 in Market Update · Coconut Grove

Coconut Grove sales rose even with fewer homes for sale

In the three months ending August 31, 2026, the Grove closed 315 sales, up 13.3%, while the number of homes for sale dropped 18.4%.

By Elizabeth Costa
Homes sold
up 13.3% year over year
Homes for sale
down 18.4% year over year
Pending sales
up 14.3% year over year
Read the letter

Published October 25, 2026 in Market Update · Southwest Ranches

Southwest Ranches inventory fell 26.5% while sales rose 9.7%

Fewer homes are available, yet more are closing , here is what that means for your next move in Southwest Ranches.

By Elizabeth Costa
Median sale price
Up 3.1% year over year
Homes sold
Up 37.5% year over year
Median days on market
22 days longer than a year before
Read the letter

Published October 25, 2026 in Market Update · Cooper City

Cooper City got tighter as inventory fell and homes moved faster

In the three months ending August 31, 2026, Cooper City's two ZIP codes both saw inventory drop and more homes go under contract, even with South Florida mortgage rates at 7.46%.

By Elizabeth Costa
Median sale price
Up 7.9% year over year
Homes sold
Up 10.1% year over year
Median days on market
24 days shorter than a year ago
Read the letter

Published October 25, 2026 in Market Update · Weston

Weston sales held steady even with mortgage rates at 7.46%

The Real Estate Data Aggregator counted 261 closed sales across Weston in the three months ending August 31, 2026, up 1.2% from a year earlier, even as Miami Realtors reported rates climbing to 7.46%.

By Elizabeth Costa
Homes sold
Up 1.2% year over year
Homes for sale
Down 16.1% year over year
New listings
Down 8.4% year over year
Read the letter

Published October 25, 2026 in Market Update · Coral Gables

Coral Gables sales rose even with fewer homes for sale

The Real Estate Data Aggregator counted 382 sales across Coral Gables in the three months ending August 31, 2026, up 10.4% from a year before, even as available homes fell 15.6%.

By Elizabeth Costa
Homes sold
Up 10.4% year over year
Homes for sale
Down 15.6% year over year
Pending sales
Up 15.9% year over year
Read the letter

Published October 25, 2026 in Market Update · Miramar

Miramar inventory fell 19.6% even with mortgage rates at 7.46%

Fewer homes to choose from in Miramar is keeping competition alive, even as borrowing costs climb.

By Elizabeth Costa
Homes for sale
Down 19.6% year over year
Homes sold
Up 2.3% year over year
New listings
Down 4.9% year over year
Read the letter

Published October 25, 2026 in Market Update · Pembroke Pines

One part of Pembroke Pines is moving much faster than the rest

ZIP code 33028 had just 2.4 months of supply in the three months ending August 31, 2026, while other parts of Pembroke Pines carried more than double that.

By Elizabeth Costa
Median sale price
Up 4.2% year over year
Homes sold
Up 32.1% year over year
Pending sales
Up 27.1% year over year
Read the letter

Published October 25, 2026 in Market Update · Doral

Doral inventory fell 13.1% while pending sales rose 5.3%

Fewer homes are available in Doral, and more are going under contract. Here's what that means for you as of October 25, 2026.

By Elizabeth Costa
ZIP 33178 median days on market
6 days shorter than a year ago
ZIP 33172 median days on market
14 days shorter than a year ago
Read the letter

Published October 19, 2026 in Market Update · Southwest Ranches

Southwest Ranches inventory fell 26.5% while sales rose 9.7%

Fewer homes are available and more are selling, which means buyers have less to choose from and sellers have less room to wait.

By Elizabeth Costa
Homes sold
Up 9.7% year over year
Homes for sale
Down 26.5% year over year
New listings
Down 7.2% year over year
Read the letter

Published October 18, 2026 in Market Update · Weston

Weston inventory is down 16.1%, even with rates at 7.46%

Fewer homes for sale across Weston means less competition for sellers, and fewer choices for buyers, even as mortgage rates push higher.

By Elizabeth Costa
Homes for sale
Down 16.1% year over year
New listings
Down 8.4% year over year
Homes sold
Up 1.2% year over year
Read the letter

Published October 18, 2026 in Market Update · Coconut Grove

Coconut Grove sales rose even as inventory fell

In the three months ending August 31, 2026, the Grove closed 315 sales, up 13.3%, while available homes dropped 18.4%.

By Elizabeth Costa
Homes sold
Up 13.3% year over year
Homes for sale
Down 18.4% year over year
Pending sales
Up 14.3% year over year
Read the letter

Published October 18, 2026 in Market Update · Cooper City

Long-term owners in Cooper City may have more room to move now

If you've owned in Cooper City for a while, the numbers from the three months ending August 31, 2026 are worth a look.

By Elizabeth Costa
Median sale price
Up 7.9% from 2025
Homes sold
Up 10.1% from 2025
Months of supply
Down 1.9 months from 2025
Read the letter

Published October 18, 2026 in Market Update · Southwest Ranches

Southwest Ranches inventory fell 26.5% while sales rose 9.7%

Fewer homes for sale and more closings tell two different stories depending on which side of the transaction you're on.

By Elizabeth Costa
Homes sold
Up 9.7% year over year
Homes for sale
Down 26.5% year over year
New listings
Down 7.2% year over year
Read the letter

Published October 18, 2026 in Market Update · Coral Gables

Coral Gables inventory fell as pending sales moved higher

For the three months ending August 31, 2026, the Real Estate Data Aggregator counted 660 homes for sale across Coral Gables, down 15.6% from a year before, while pending sales climbed 15.9%.

By Elizabeth Costa
Homes for sale
Down 15.6% from a year before
Pending sales
Up 15.9% from a year before
Homes sold
Up 10.4% from a year before
Read the letter

Published October 18, 2026 in Market Update · Pembroke Pines

Pembroke Pines sales rose even with higher mortgage rates

The Real Estate Data Aggregator counted 1,054 closed sales across Pembroke Pines in the three months ending August 31, 2026, up 8.8% from a year earlier, even as Miami Realtors reported mortgage rates climbing to 7.46%.

By Elizabeth Costa
Homes sold
Up 8.8% from a year earlier
Homes for sale
Down 22.2% from a year earlier
Pending sales
Up 2.1% from a year earlier
Read the letter

Published October 18, 2026 in Market Update · Miramar

One part of Miramar is moving faster even with rates at 7.46%

ZIP 33023 posted 153 sales, up 30.8%, while the rest of Miramar slowed , here's what that split means for you as of October 18, 2026.

By Elizabeth Costa
ZIP 33023
Up 16.6 points year over year
ZIP 33025
Up 6.7 points year over year
ZIP 33027
Up 2.7 points year over year
Read the letter

Published October 18, 2026 in Market Update · Doral

Doral inventory is down even with more new listings

Buyers are still writing offers in Doral, but fewer homes are available than a year ago, and mortgage rates have climbed back above 7%.

By Elizabeth Costa
Homes for sale
Down 13.1% from a year ago
New listings
Up 2.6% from a year ago
Pending sales
Up 5.3% from a year ago
Read the letter

Published October 11, 2026 in Market Update · Coconut Grove

Coconut Grove inventory is down, and pending sales are up

Fewer homes are competing for buyers' attention in the Grove, and more buyers are moving toward contract.

By Elizabeth Costa
ZIP 33133
Up 13.8% vs. 2025
ZIP 33134
Up 13.7% vs. 2025
ZIP 33146
Down 38.3% vs. 2025
Read the letter

Published October 11, 2026 in Market Update · Cooper City

Cooper City inventory fell while sales rose across every part of the market

In the three months ending August 31, 2026, all three Cooper City ZIP codes sold more homes and held fewer listings, even as Broward County total sales fell.

By Elizabeth Costa
33328
24 days shorter than 2025
33330
22 days longer than 2025
33026
32 days shorter than 2025
Read the letter

Published October 11, 2026 in Market Update · Weston

Weston inventory is down 16.1% even as Broward's $1M+ sales rise

Fewer homes for sale and rising high-end demand are reshaping what buyers and sellers can expect in Weston right now.

By Elizabeth Costa
$1M+ transactions
Up 22.6% year over year
Total home sales
All price points, August 2026
$1M+ sales growth
Year-over-year increase
Read the letter

Published October 11, 2026 in Market Update · Pembroke Pines

Pembroke Pines sales rose even as Broward sales slipped

The Real Estate Data Aggregator counted 1,054 homes sold across Pembroke Pines in the three months ending August 31, 2026, up 8.8% from the same period a year before, while Miami Realtors reported Broward County total sales fell to 1,899 in August 2026.

By Elizabeth Costa
Homes sold
up 8.8% year over year
Homes for sale
down 22.2% year over year
New listings
down 4.7% year over year
Read the letter

Published October 11, 2026 in Market Update · Coral Gables

Higher rates haven't stopped Coral Gables buyers from writing offers

Pending sales across Coral Gables rose 15.9% in the three months ending August 31, 2026, even as mortgage rates climbed above 7%.

By Elizabeth Costa
Homes sold
Up 10.4% year over year
Pending sales
Up 15.9% year over year
Homes for sale
Down 15.6% year over year
Read the letter

Published October 11, 2026 in Market Update · Miramar

Miramar prices are split right now, not moving in one direction

In the three months ending August 31, 2026, one part of Miramar saw prices climb nearly 10% while another fell almost 16%, so the ZIP code you're in matters more than the city average.

By Elizabeth Costa
Median sale price
Up 9.4% year over year
Homes sold
Up 9.6% year over year
Median days on market
10 days shorter than last year
Read the letter

Published October 11, 2026 in Market Update · Doral

Doral inventory is down 13.1% even as new listings edged up

Fewer homes are sitting on the market in Doral, and that gap between supply and demand is shaping what sellers can ask and what buyers will find.

By Elizabeth Costa
ZIP 33178
Up 1.1 points year over year
ZIP 33172
Up 1.5 points year over year
Read the letter
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