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MLSA 2nd major MLS says it will shut off Zillow's listing feed•MERGERCompass–Anywhere consolidation pushes combined Hamptons listing share past 40%•OPINIONZillow economist: Compass just told you who benefits from private listings•RATES30-year fixed eases 22 bps to 6.41% as lock-in effect softens•MOVESDouglas Elliman wins Samantha Behringer back; two Sag Harbor producers cross from Compass•FUNDINGPropTech funding up 11% YoY in Q1 to $2.8B as AI tooling drives recruiting•MLSA 2nd major MLS says it will shut off Zillow's listing feed•MERGERCompass–Anywhere consolidation pushes combined Hamptons listing share past 40%•OPINIONZillow economist: Compass just told you who benefits from private listings•RATES30-year fixed eases 22 bps to 6.41% as lock-in effect softens•MOVESDouglas Elliman wins Samantha Behringer back; two Sag Harbor producers cross from Compass•FUNDINGPropTech funding up 11% YoY in Q1 to $2.8B as AI tooling drives recruiting•
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New Listings (Natl.)412.6K
+3.4%WoW
30-Yr Mortgage6.41%
-22 bpsWoW
PropTech Funding (Q1)$2.8B
+11.2%YoY
NAR Membership1.46M
-2.1%YoY
Median DOM (Lux.)61 days
-5.0%YoY
Luxury Median (Natl.)$4.2M
+5.3%YoY
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Markets

Miami Beach condo inventory is up 22%. A buyer's market is forming below $2M.

Insurance costs and special assessments are cooling the mid-market even as branded residences hold firm.

Priya NathanMarkets ReporterMay 25, 2026 4 min
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Condo inventory in Miami Beach is up 22% year over year, and days-on-market are lengthening — the clearest sign yet that the mid-market has tipped toward buyers below $2 million.

The culprits are familiar: rising insurance premiums and special assessments tied to structural-reserve requirements are pushing some owners to sell and giving buyers leverage to negotiate.

The very top is a different market. Branded residences continue to trade firmly, insulated by buyers for whom carrying costs are a rounding error. The split-screen is the story.