SPRING CONTRACT SIGNINGS HIT
A FOUR-YEAR HIGH

via realtytimes.com—Realtor.com® released its Spring 2026 Housing Market Progress Report, which finds that new listings and contract signings have each reached their highest levels since 2022, with contract signings up 4.5% year-over-year in April as sellers who priced their homes competitively from the start found buyers willing to act. This new report shows the housing market is more dynamic through the first four months of 2026 than at any point since mortgage rates first surged in 2022.

“For the first time in three years, we’re seeing contract signing growth that genuinely outpaces the trend of the recent past,” said Jake Krimmel, senior economist at Realtor.com®. “Buyers have been sidelined but they haven’t disappeared – they’ve simply been waiting for the right conditions. In the metros where sellers have come to market with realistic prices, buyers are showing up. That supply-demand-price alignment is what separates a dynamic market from a stagnant one, and we’re beginning to see it take hold in a meaningful way.”

New listings and contract signings each represent one side of a functioning housing market: sellers coming to market and buyers responding by going under contract. This report tracks both flows and finds that where sellers have priced their homes realistically, buyers are showing up — a pattern that separates moving markets from stagnant ones in 2026. Rather than relying on a single month’s snapshot, the report tracks the full arc of 2026 year-to-date — January through April — at the national, regional, and local level across the top 50 metros.

The two metrics that define a functioning spring market, new listings and contract signings, are each at their highest levels since 2022, and for the first time in three years, both are moving in the right direction at the same time. Through April, new listings are up 1.4% year-over-year and 22% above the 2023 trough. Contract signings, which had been stuck 20 to 25 percentage points below 2022 levels from 2023 through 2025, rose 4.5% year-over-year in April, accelerating from 2.9% in March.

That acceleration matters beyond the headline number. Year-to-date contract signings are up 2.9% versus 2025 and 4.1% above their 2023 low, and growth in signings is now outpacing growth in new listings — narrowing the gap between supply recovery and demand recovery that has defined the past three springs. With homes that go under contract typically closing within four to six weeks, that demand signal is on track to show up in closed sales data by June, the clearest evidence yet that the 2026 housing market is starting to move. …READ MORE

The Current Miami Springs Market

There are thirty-four (34) active listings in the MS/VG markets this week. A 10% increase in inventory since last week. About 44% are priced over $1,000,000. Of those, three (3) listings are over $2million, and one is asking close to $4 million!

We have experienced a busier Spring selling/buying season so far this year!

SELLERS, LIST NOW(!) if you are thinking about selling!

There are still qualified Buyers out there! More increases in inventory in the months ahead?? I think so.

Mortgage interest rates have increased again. They are now about 6.25-6.5%. Uncertainty with the war and gas prices may impact demand. However, there are still qualified buyers looking for the right property. Timing is everything. Days on the market (DOM) are on average 55 days. Some houses sell quickly. It all depends on pricing, condition and location, location, location. The decrease in interest rates should result in increased sales activities. It is important to price the property right.

Inventory Breakdown:

There are no properties priced between $500,000-$600,000; three (3) properties are priced between $600,000-$700,000; five (5) between $700,000-$800,000; six (6) between $800,000-$900,000; five (5) are priced between $900,000-$1,000,000; eleven (11) between $1-2 million; three (3) are listed for over $2 million; and one (1) is listed for over $3 million.

TIME TO BUY OR SELL? CALL US FOR AN EVALUATION

During the period of May 15, 2026 through May 22, 2026, there were reported 4 new listings, 2 closed sales, 1 pending sale, 1 active with contract, 0 expired listings, 0 cancelled listings, 0 temp off market, 2 price reductions, and 0 price increases.

HOW DOES YOUR HOUSE COMPARE?

The table below shows the current status of the Miami Springs/VG real estate market as of May 22, 2026. All closed sales are within the last 90 days.

*Disclaimer: The data relating to real estate displayed on this website and the chart above comes from the Miami Board of Realtors MLS. All listing information is deemed reliable but not guaranteed and can be independently verified.

 A complete list of all the properties for sale in Miami Springs or any other area of 

Miami-Dade County can be sent to you on regular basis. 

Request it at:  charlie@leonardrealestategroup.com

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