Miami-Dade $10M+ Home Sales: How to Read the 2026 Record Pace
Miami-Dade logged 194 $10M+ home sales through August 2026—14.1% above the 170 in all of 2025—per MIAMI REALTORS® + RWorld (Sept. 16, 2026). At that pace the association projected about 291 by year-end, above the 2021 record of 230. Treat ~291 as a projection, not a closed total.
Key figures
Source: MIAMI REALTORS® + RWorld, Sept. 16, 2026. The ~291 figure is a projection from the year-to-date pace, not a count of closed sales.
What did MIAMI REALTORS® report?
The figures come from August 2026 statistics released Sept. 16 by MIAMI REALTORS® + RWorld and compiled with the MIAMI MLS and BeachesMLS. The release was distributed by PR Newswire; KeysNews separately reported the record pace on Sept. 24.
“Miami and South Florida continue to break real estate records,” Alfredo Pujol, Chairman of the Board for MIAMI REALTORS® + RWorld, said in the release. “A banner year even with elevated mortgage rates.”
“From Miami to Palm Beach, properties in great locations with water views are selling at top dollar. This is a great time for Miami, as innovative projects and new developments are changing our landscape and demanding top dollar,” said Seth Semilof.
Is the whole Miami-Dade market this strong?
No. The same release shows a more mixed picture in August 2026:
| Miami-Dade, August 2026 | Figure | Year over year |
|---|---|---|
| Total home sales | 1,769 | −1.1% |
| Single-family sales | 858 | −3.1% |
| Condo sales | 911 | +1% |
| Total dollar volume | $1.6 billion | −2.7% |
| Single-family dollar volume | $985 million | −3.45% |
| Condo dollar volume | $661 million | −1.51% |
The association attributed the decrease in total sales to “elevated mortgage rates and lack of inventory in certain price points.” Freddie Mac’s 30-year fixed-rate mortgage averaged 6.67% in August and stood at 7.17% on Sept. 15, according to the release. Meanwhile, condo sales near the $500,000–$600,000 median price range rose 32% year over year.
UBS’s Global Real Estate Bubble Index 2026, released Sept. 22, said Miami—ranked highest for bubble risk in the previous two editions—had fallen back into the elevated-risk category. UBS cited affordability pressures and high borrowing costs, while noting that migration from higher-cost U.S. states and sustained luxury-market activity continue to support prices.
Why cash matters at the top
MIAMI REALTORS® says 82% of Miami’s $1 million-and-up condo sales were all-cash in 2025. In August 2026, cash sales represented:
- 37.8% of all Miami closed sales, up from 35.6% a year earlier
- 50.5% of existing condo sales
- 24.2% of single-family transactions
Cash buyers are less directly exposed to mortgage-rate changes. Their presence at the top end helps explain how $10M+ sales can rise even as overall monthly sales soften.
What does the 194 figure leave out?
New construction. MIAMI REALTORS® notes that the MLS totals do not include South Florida’s new-construction, pre-construction and condo-conversion sales because they are largely not reported in the MLS. For the development pipeline, see Haute Residence’s South Florida New Construction Scorecard 2026.
Different methodologies. Haute Residence’s monthly Market Reports track recorded residential closings of $3 million or more in Miami-Dade and Palm Beach counties using ATTOM deed records and press-verified deals. Because that method differs from the MLS count, the figures will not match line for line. For a comparison of the two counties’ top end, see West Palm Beach vs. Miami at $10 Million.
This page is the sold-record hub. For asking-price inventory see Miami’s most expensive homes for sale. For the ultra-scarce band above $30M, see the companion $30M+ Miami-Dade sales record. Named celebrity closings are not invented as rows here; use the for-sale ultra-prime list for public asking inventory until a dedicated celebrity desk is live.
How to Use This $10M+ Sold Desk (7 Steps)
- Read the as-of date first. The 194 figure is through August 2026 from a Sept. 16 association release. Do not treat it as a live ticker.
- Separate projection from closings. ~291 is a pace projection. Only closed, sourced counts belong in the headline math.
- Know the MLS gap. New-construction and pre-construction closings are largely outside this count—pair with the New Developments board when underwriting supply.
- Do not mix methods. MLS $10M+ totals ≠ Haute $3M+ deed extracts. Quote each with its method labeled.
- Sold ≠ for-sale. Use this page for closed-volume context; use the for-sale ultra-prime list for asking inventory.
- Confirm trophy comps on the deed. For any single address, pull Miami-Dade documentary stamps before you underwrite a press price—especially off-market or LLC trades.
- Refresh on the next association print. When MIAMI REALTORS® releases a newer month, update the Key figures table and as-of line together.
Buyer / Analyst Checklist
- As-of month and release date recorded
- Closed count vs projection labeled correctly
- MLS exclusion of most new-construction noted
- Method conflict with Haute $3M+ deed reports acknowledged
- For-sale list checked separately (not treated as sold)
- Individual trophy prices confirmed on county doc stamps when underwriting
- Cash-share context read for rate-sensitivity
- Companion $30M+ record reviewed if the brief is ultra-scarce
- No invented sale rows added to this page
Method comparison (one table)
| Lens | Who compiles | Threshold | Includes new-construction MLS gap? | Use for |
|---|---|---|---|---|
| MIAMI REALTORS® + RWorld $10M+ | Association + MIAMI MLS / BeachesMLS | $10M+ | Largely excludes new-construction / precon / conversions not in MLS | County record-pace headline |
| Haute Residence Market Reports | Haute Residence Research (ATTOM deeds + press-verified) | $3M+ (county reports) | Deed-based; method differs | Submarket deed prints |
| For-sale ultra-prime list | Haute Residence editorial | Asking inventory | N/A (not sold) | Shopping / availability |
| $30M+ record companion | Haute Residence news | $30M+ | Same MLS gap theme | Ultra-scarce band |
Frequently asked questions
How many $10M+ homes sold in Miami-Dade through August 2026?
194, according to MIAMI REALTORS® + RWorld—14.1% above the 170 recorded in all of 2025.
What is the Miami-Dade record for $10M+ home sales?
230, set in 2021. At the August year-to-date pace, the association projected about 291 in 2026—a projection, not a closed total.
Are Miami-Dade home sales up overall?
No. Total sales fell 1.1% year over year in August 2026, to 1,769. The association cited elevated mortgage rates and limited inventory at some price points.
Does the count include new-construction condos?
No. The release says new-construction, pre-construction and condo-conversion sales are largely not reported in the MLS and are not included.
Who compiled the numbers?
MIAMI REALTORS® + RWorld, with the MIAMI MLS and BeachesMLS, in its August 2026 statistics released Sept. 16, 2026.
How is this page different from the for-sale “most expensive” list?
This page tracks sold $10M+ volume from the association print. The for-sale list shows asking inventory. Do not read asking prices as closed sales.
Will Haute Residence’s $3M+ market reports match these 194 sales?
Not line for line. Market Reports use deed extracts at a $3M+ threshold with a different method. Always quote the method with the number.
When will this page update next?
When a newer MIAMI REALTORS® monthly statistics release publishes a refreshed $10M+ year-to-date count—update the Key figures table and as-of line together, without inventing interim rows.
Sources
- MIAMI REALTORS® + RWorld, “Miami-Dade On Pace to Shatter $10M+ Home Sales Annual Record,” Sept. 16, 2026
- PR Newswire, release copy, Sept. 16, 2026
- KeysNews, “Miami-Dade expects to set record with $10M+ home sales,” Sept. 24, 2026
- UBS, Global Real Estate Bubble Index 2026, Sept. 22, 2026
Haute Residence is the real estate intelligence and listings platform of HL Real Estate Group, a licensed Florida real estate broker. HL Real Estate Group abides by equal housing opportunity laws.