Published October 25, 2026 in Market Update

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

By Elizabeth Costa

Real estate, Miramar

The one number that changes what you should do right now: inventory in Miramar dropped 19.6% year over year. The Real Estate Data Aggregator counted 1,093 homes for sale across Miramar in the three months ending August 31, 2026. That's fewer homes to compete against if you're selling, and fewer choices if you're buying.

Miami Realtors reported mortgage rates climbed to 7.46% in October 2026. Rates above 7% showed up for the first time since January 2025, according to Realtor.com. Higher rates slow some buyers down. But in Miramar, the drop in supply is working against that slowdown.

Sales across Miramar still rose 2.3% year over year, per the Real Estate Data Aggregator. That happened while new listings fell 4.9%. Fewer homes coming on, and the ones that do are still moving. Nationally, Realtor.com reported 20.8% of listings took a price cut in September 2026, the highest share since October 2022. Miramar's tighter supply makes that kind of pressure less likely here, though every street reads differently.

What the ZIP codes show

Not every part of Miramar moved the same way. The Real Estate Data Aggregator breaks it down by ZIP code for the three months ending August 31, 2026.

33023: the tightest conditions

ZIP 33023 had the sharpest seller-side signals. The Real Estate Data Aggregator counted 153 homes sold there, up 30.8% year over year. Median days on market came in at 64 days, 10 days shorter than a year ago. The sale-to-list ratio hit 98.3%, up 1.1 points. And 27.5% of homes sold above list price, up 12.1 points from last year. More than 1 in 3 homes, specifically 33.7%, went under contract within two weeks of listing, up 16.6 points year over year.

33029: higher prices, faster sales

ZIP 33029 had the highest median sale price in Miramar: $782,500, up 9.4% year over year, per the Real Estate Data Aggregator. Inventory there fell 25.1%, the steepest drop of any Miramar ZIP. Median days on market was 62 days, 10 days shorter than last year. Homes went under contract within two weeks at a rate of 21.9%, up 10.8 points.

33025 and 33027: more supply, more time

ZIP 33025 had 7.1 months of supply and a median of 91 days on market, 10 days longer than a year ago, according to the Real Estate Data Aggregator. The median sale price there was $360,000, down 12.2% year over year. ZIP 33027 showed a similar picture: 92 days on market, 5.8 months of supply, and a median sale price of $389,500, down 15.8%. Both ZIPs saw inventory fall, just not as sharply as 33023 and 33029. Buyers have more room to move in these two ZIPs. Sellers need to price carefully.

The Federal Housing Finance Agency reported U.S. house prices rose 2.6% from July 2025 to July 2026. Miramar's two stronger ZIPs, 33023 and 33029, are running ahead of that national pace. The two softer ZIPs are running behind it. Same city, different stories.