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 […]
Miami-Dade Real Estate Registers Best Sales Month of the Year; Affordable and $1M & Up Condo Transactions Surge
MIAMI — Miami-Dade County real estate posted its best sales month of the year in September 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 (+5%), single-family transactions […]
Fort Lauderdale Ranked. No. 1 in Multifamily Investment Profitability
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Fort Lauderdale led 30 market areas in multifamily investment profitability, with the highest cap rate of 6.3%, according to Yardi Matrix. Net absorption in the first three quarters of 2025 outpaced new deliveries of multifamily units in the Fort Lauderdale market area, resulting in […]
China and Singapore Lead All Countries Searching Miami Real Estate
MIAMI — China and Singapore rank No. 1 and No. 2, respectively, for most global web searches for South Florida real estate in September 2025, according to a new report by the MIAMI Association of REALTORS® (MIAMI). Shenzhen, China’s biggest electronics manufacturing and export city, finished as the top city searching Miami real estate […]
Miami-Dade County Land Sales Surge; Fueled by Population and Job Gains
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Land sales in Southeast Florida rose to $4.8 billion in the first three quarters of 2025, up 3% from one year ago. Miami-Dade County land sales drove the increase, with $2.1 billion in sales, up 111% from one year ago. The median land residential […]
Southeast Florida Commercial Sales Volume Rose 18% to $9.6 Billion in 2025 Q1-Q3
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Commercial sales rose to $9.6 billion in the first three quarters of 2025 in the counties of Miami-Dade, Broward, and Palm Beach, up 18% from one year ago. Miami-Dade County had the largest sales volume ($4.4 billion, +30%), but Broward County posted the highest […]
California-to-Miami Migration Trend Accelerates
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways: Miami-Dade County out-of-state driver license exchanges rose 3% in 2025 Q1-Q3. California is the fastest-growing source of out-of-state driver license exchanges, up 66% vs. 2019. Stronger employment conditions particularly in the tech sector in South Florida vis-a-vis California are driving migration flows. Over the […]
5 Reasons Miami’s Appreciation Reflects Real Market Fundamentals
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways: Single-family home prices have increased sharply in Miami-Dade County since the pandemic, up 77% as of August 2025 compared to 2019, outpacing the wage growth of 29%. Miami-Dade’s robust price appreciation is sustainable because underwriting conditions today are more stringent today than prior […]
Florida Ends Commercial Rent Tax in Major Win for REALTORS®
Today marks the end of a levy that put the state at a competitive disadvantage. The post Florida Ends Commercial Rent Tax in Major Win for REALTORS® appeared first on MIAMI REALTORS®.
MIAMI REALTORS® Chief Economist Gay Cororaton on the Dinero Y Mas Podcast. Gay Cororaton provides an overview of the residential market, highlighting buyer momentum and inventory changes.
In this episode of Dinero y Mas, Raul Mas discusses the current state of financial markets, real estate trends, and economic insights with expert guests Gay Cororaton and Alfredo Faubel. The post MIAMI REALTORS® Chief Economist Gay Cororaton on the Dinero Y Mas Podcast. Gay Cororaton provides an overview of the residential market, highlighting […]