What is months of supply in real estate?

Months of supply is the number of active listings divided by the average number of homes sold per month. Under 3 months favors sellers, 4 to 6 months is balanced, and over 6 months favors buyers.

Which South Florida neighborhoods have the least inventory?

The Least supply tab ranks the ten Miami-Dade, Broward and Palm Beach neighborhoods with the lowest months of supply using live MLS counts, updated hourly.

How often is this Miami market data updated?

Sales and active listing counts come from the MIAMI MLS feed and refresh hourly.

Market Pulse · Miami-Dade, Broward & Palm Beach areas

Live MLS feed

Sold: 18,837
For sale: 40,586

Updated 04:26 AM

Where the action is

Bigger circle = more homes sold

Palm BeachBroward

Top 10 · Busiest areas · homes sold

last 3 months

where deals are actually closing

1West BoyntonBoynton Beach400
400 sold454 on market today29% sells / mo3.4 mo supply
2West BocaBoca Raton396
396 sold496 on market today27% sells / mo3.8 mo supply
3TamaracTamarac388
388 sold1,011 on market today13% sells / mo7.8 mo supply
4West DelrayDelray Beach356
356 sold580 on market today20% sells / mo4.9 mo supply
5Jupiter & AbacoaJupiter333
333 sold239 on market today46% sells / mo2.2 mo supply
6Pompano Beach EastPompano Beach321
321 sold778 on market today14% sells / mo7.3 mo supply
7Pompano Beach WestPompano Beach314
314 sold706 on market today15% sells / mo6.7 mo supply
8ParklandParkland307
307 sold281 on market today36% sells / mo2.7 mo supply
9Deerfield BeachDeerfield Beach295
295 sold576 on market today17% sells / mo5.9 mo supply
10Royal Palm BeachRoyal Palm Beach293
293 sold358 on market today27% sells / mo3.7 mo supply

Months of supply = homes for sale ÷ average monthly sales. Under 3 favors sellers, over 6 favors buyers. Live MLS counts, refreshed hourly.

South Florida housing market data by neighborhood

Market Pulse tracks live MLS activity across Miami-Dade, Broward and Palm Beach counties and ranks the ten strongest neighborhoods on four measures: homes sold over the trailing 3 months, homes currently for sale, months of supply, and monthly sell-through rate. Counts come straight from the MIAMI MLS (MIAMIRE) data feed and refresh every ten minutes, so the map and leaderboard reflect current inventory rather than a quarterly report.

How the metrics are calculated

Homes sold: Closed residential sales in the area over the last 3 months.
Homes for sale: Active residential listings in the area right now.
Months of supply: Active listings ÷ average monthly sales. Under 3 months favors sellers, over 6 months favors buyers.
Monthly sell-through: Share of standing inventory that sells in a typical month — the absorption pace investors and brokers watch.

Neighborhoods covered

Miami-Dade County

Brickell · Downtown Miami · The Roads · Edgewater & Midtown · Wynwood · Upper East Side · Little Havana · Coral Way · Allapattah & Overtown · Liberty City · Coconut Grove · Coral Gables · South Miami & High Pines · Pinecrest · Palmetto Bay · Cutler Bay · Key Biscayne · South Beach · Mid-Beach · North Beach · Fisher Island · Surfside & Bal Harbour · Sunny Isles Beach · Aventura · North Miami Beach · Ives Estates & Ojus · North Miami · Golden Glades & Norland · Westchester · Fontainebleau & Sweetwater · Doral · Airport West & Medley · Kendall · West Kendall · The Hammocks · Hialeah East · Hialeah Central · Hialeah Gardens · Country Club · Miami Lakes · Miami Gardens · Opa-locka · Homestead · Redland & Silver Palm · Leisure City & Naranja · Florida City & South Dade · Coral Gables South & UM · Olympia Heights & Kendale · Westwood Lakes & Tamiami · Kendall West & Tamiami · Richmond Heights & Palmetto Estates

Broward County

Downtown & Las Olas · Victoria Park & Flagler Village · Coral Ridge · Galt Ocean Mile · Rio Vista & Harbor Beach · Riverside & Tarpon River · Wilton Manors · Oakland Park · Hollywood Beach · Hollywood Central · West Hollywood · Dania Beach · Hallandale Beach · Pompano Beach East · Pompano Beach West · Deerfield Beach · Lauderhill · Tamarac · Sunrise · Plantation · Jacaranda & Plantation West · Sunrise Central · Weston · Bonaventure & Weston South · Davie · Cooper City · Pembroke Pines · Pembroke Pines West · Miramar · Margate · Coconut Creek · Coral Springs · Parkland · Sunrise East & Sawgrass

Palm Beach County

Downtown West Palm Beach · SoSo · Northwood & Riviera Beach · Palm Beach Island · Singer Island · Palm Beach Gardens East · Juno Beach · Admirals Cove · Tequesta · Lake Worth Beach · Greenacres & Lantana · East Boynton Beach · Delray Beach East · Highland Beach · Boca Raton East · Boca Raton Central · West Palm Beach West · Palm Springs & Haverhill · PGA National · Jupiter & Abacoa · Wellington · Royal Palm Beach · Loxahatchee · West Boynton · Boynton West Villages · West Delray · Kings Point · West Boca · Boca Raton Northwest · Lake Clarke Shores · Haverhill & Cloud Lake · Ibis & Northwest WPB · Lake Worth West · West Boca — Sandalfoot · West Boca — Boca Falls · Belle Glade & South Bay · Pahokee & Canal Point