A clear read on timing before you make a move.
If you're trying to decide whether to move now, I think the clearest answer is to watch how Miami, FL is trading right now. Last month, the market sat at 7.86 months of inventory, so this is not a market where you want to guess.
Last month, Miami, FL had 7.86 months of inventory, the median sold price was $575,000, and homes were taking a typical 55 days. I read that as a market where patience still matters, especially if you're trying to avoid overreacting to the first number you see.
For a buyer, that combination matters because it gives me more room to slow the process down and judge value carefully. For a seller, it means pricing and presentation need to be deliberate, because the market is still asking for real discipline.
Start by comparing asking price to the recent $575,000 sold level. Then watch whether a home has been sitting close to that 55-day pace. Finally, use the 7.86-month supply reading to keep your expectations grounded.
