Top Mega Teams in Miami, Florida – Ranked by Sides

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    • Rank – City SidesTeam NameCompanyLocationSidesProfile
    1The Carroll GroupCompassMiami, FL 275.0View Profile
    2The Opes GroupCompassMiami, FL 168.0View Profile
    3Riley Smith GroupCompassMiami, FL 154.0View Profile
    4M GroupCompassMiami, FL 96.0View Profile
    5OSCAR TERAN GROUPeXp Realty, LLCMiami, FL 71.0View Profile

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    2022 Market Summary

    Miami, Florida started 2022 with a total of 1,427 single-family homes on the market, with a median home price of $599,900 and an average price per square foot of $377. By the end of the year, inventory had increased to 1,735 homes on the market (+21%), with a median home price of $720,000 (+20%) and an average price per square foot of $457 (+21%).

    At the start of 2022, the median days on market (DOM) was 56 days – by the end of the year, median DOM had increased to 77 days.

    Miami started the year with 22% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 36% of Miami homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Miami started 2022 as a seller’s market, with an MAI score of 38; by the end of the year, the MAI had rose to 43 – a slight seller’s advantage.

    This market summary is powered by Altos Research – click here to run a free report for your area.

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