More deals, less money: Miami’s top resi brokerages clock higher volume but lower average prices

Compared to last year, Miami’s top residential brokerages inked more deals in 2025.

But this year’s deals were decidedly less pricey.

The average deal size among the top 20 firms was $1.9 million — an average that was a third less than the top brokerages’ average last year, according to an analysis of The Real Deal’s annual Miami-Dade County top brokerage ranking for this year.

And among the top firms that made TRD’s list this year and last year, all saw their average deal size shrink from last year.

However, though the top firms’ average transaction size fell, year-over-year, the brokerages this year raked in far more dough over many more deals. In 2025, the top 20 agencies brought in about $20 million across 9,847 deals, compared to $13.4 million across 4,638 deals last year.

South Florida’s residential market has been facing pressure from macroeconomic forces as well as local ones, including high insurance costs and out-of-date condos. Industry insiders consider Miami’s residential scene a buyer’s market, but also one where ultra-luxury deals are in high demand, as other micro segments falter.

Brokerage Luxe Properties saw its average deal size plunge by 52 percent, the greatest, year-over-year, among the top firms. Meanwhile, the Corcoran Group saw its average deal size tick down just 1 percent, the smallest drop.

Corcoran’s average deal size of $4.1 million was the second-highest this year, bested only by Luxe Living Realty, which did not make TRD’s top-20 list last year. Luxe Living Realty’s trades had an average price tag of $11.3 million, and it also had the smallest number of deals — just 32 — among the most elite firms in Miami-Dade County. The firm’s priciest deal over the past year, David and Victoria Beckham’s purchase of a spec waterfront mansion in Miami Beach for $72.3 million, was also among the most expensive sales in the county.

Meanwhile, Compass tapped into a different strategy. The firm was 2025’s No. 1 producer by number of sales and total dollar volume of sales, raking in some $3.4 billion across almost 1,700 transactions. Compass’ average deal size, though, was $2.2 million, good for eighth among the top players, the same as last year.

For its annual list, TRD looked at closed residential buy-side and sell-side residential deals in Miami-Dade County that were recorded in the Multiple Listing Service between Aug. 4, 2024 and Aug. 5, 2025. Off-market deals, vacant land and sales under $500,000 were excluded from the analysis.