Recent data show Miami-Dade median sale prices clustered near $570K–$695K with single-family homes around $680K–$790K, reflecting modest 0–4% year-over-year gains amid elevated 30-year mortgage rates above 6.5% and uneven inventory. Single-family supply has tightened while condo overhang persists due to financing constraints, supporting selective demand from high-net-worth and international buyers alongside local wage growth. These dynamics, combined with limited near-term catalysts before year-end, underpin trader consensus around the $809K–$830K bucket at 35% implied probability, with adjacent ranges capturing uncertainty over final appreciation or any seasonal softening.