All-cash transactions jumped 17.3% from October 2024, extending a trend that has become Miami’s market distinguisher.
Cash deals represented 38.8% of closed sales in October, compared to just 29% nationally, with condos showing even higher concentration at 50.8% of transactions in all-cash deals.
According to Realtor.com data cited by MIAMI, 43% of all real estate deals in Miami were conducted entirely in cash during the first half of 2025, ranking the market No. 1 in the nation.
The composition of Miami’s buyer pool reveals why the market has proven more resilient than peers. International investors and buyers relocating from higher-cost metros account for disproportionate share of transactions, particularly in the upper-price segments.
Transactions exceeding $1 million surged 20%, while the region is poised to record its second-highest year of ultra-luxury sales with an estimated 426 sales priced at $10 million and above by year-end.
