Washington Leads Top States with Highest Annual Salary Moving to Miami
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Out-of-state job movers typically earn more in the destination job in the Miami Metro Area than in-state job switchers, led by job movers from Washington ($190,656), and California ($186,004) in 2024 Q2 (latest data). Health care, professional/technical, and finance jobs are increasingly accounting for a […]
New York Counties Continue to Lead Migration Into Southeast Florida
By Gay Cororaton, MIAMI REALTORS Chief Economist Key takeaways New York counties (New York County, Nassau County, Suffolk County) and Los Angeles were the top out-of-state origins of movers to Southeast Florida in 2025 Q2. A widening tax differential between Florida and New York could further bolster the migration of New Yorkers, particularly in […]
Miami-Dade Posts Second Consecutive Banner Home Sales Month
MIAMI — Miami-Dade County real estate posted its second consecutive robust month in October 2025 as total homes, single-family and condo sales all rose year-over-year, according to statistics released by the MIAMI Association of Realtors (MIAMI) and the MIAMI Southeast Florida Multiple Listing Service (SEFMLS). Miami total home sales (+7%), single-family transactions (+7%), condo […]
New Estate Only (NEO) wins the NAR NXT Pitch Battle 2025
The post New Estate Only (NEO) wins the NAR NXT Pitch Battle 2025 appeared first on MIAMI REALTORS®.
40 Southeast Florida Cities Have a $1 Million+ Median Home Sales Price
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Forty Southeast Florida areas now have a median sales price of $1 million or more, up from 17 areas in 2019, with Boca Raton as the largest million-dollar market. Year-to-date million-dollar sales accounted for 25% of sales in Miami-Dade, up from 8% during the […]
MIAMI REALTORS® Launching Coral Gables Letters to Benefit the Community
MIAMI — The MIAMI Association of REALTORS® (MIAMI), in collaboration with the National Association of REALTORS® (NAR) and the City of Coral Gables, proudly announces the unveiling of the Coral Gables Letters, scheduled for 10:30 a.m. Friday, Nov. 21 at Giralda Plaza. This is the 9th set of letters MIAMI has built in the last […]
Miami is America’s Leader in Apartment Construction and Rents on Larger Buildings Are Increasing
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways The average rent per unit in buildings with over 50 units rose at a modest year-over-year pace of 0.8% in the Miami market area as completions outpaced net absorption. Workforce rental housing rents rose faster at 2.7% while rents in higher tier rental units […]
NEO’s November Newsletter – Global Insights, NAR NXT & a Featured Project
The post NEO’s November Newsletter – Global Insights, NAR NXT & a Featured Project appeared first on MIAMI REALTORS®.
New International Report: Global Buyer Share Increases for Miami New Construction Units; Buyers from 73 Countries
MIAMI — Global buyers increased their purchases of Miami new construction units in November 2025 as buyers from 73 countries purchased South Florida new construction over the last 22 months, according to a new international sales report aggregated by the MIAMI Association of REALTORS® (MIAMI) in collaboration with industry leaders. MIAMI announced the report Tuesday during its […]
Southeast Florida Single-Family and Condo Sales Surge Double Digits Year-over-Year
By MIAMI REALTORS Chief Economist Gay Cororaton Key Takeaways: Single-family and condominium/townhome closed sales surged a remarkable 13% across all five Southeast Florida counties in September 2025, with the million-dollar segment accounting for the largest increase in single-family home sales. Pending sales rose 9%. The median single-family sale prices rose in the counties […]