Recent data show Miami-area median home values stabilizing near $580K–$650K amid rising inventory and days on market exceeding 80–150, tempering broad appreciation despite resilient luxury and single-family segments. Trader consensus clustering around the $1.089M–$1.125M bin reflects sustained inflows from international and high-net-worth buyers, cash transactions, and Miami’s role as a financial hub, which have supported selective price resilience even as mortgage rates remain elevated and insurance costs weigh on affordability. Modest inventory growth and slower sales velocity create a balanced but not overheated environment, with forecasts pointing to 0–3% annual gains rather than sharp moves. Key near-term catalysts include any August–September economic releases on rates or employment that could shift buyer sentiment before the September 30 resolution.