Miami-Dade Condominium Sales Prices Rise for 5th Consecutive Month
By Gay Cororaton, MIAMI REALTORS Chief Economist Key takeaways: Miami-Dade County’s condominium median sales price rose for the 5th consecutive month to 2.3% in January 2025 The median condominium sales price rose in 69% of Miami-Dade markets , including the city of Miami and Miami Beach. Prices have increased due to the higher […]
Colombia Again No. 1 Country Searching Miami Real Estate
MIAMI — Colombia again registered the most global web searches for South Florida real estate in December 2024, according to a new report by the MIAMI Association of REALTORS® (MIAMI). Colombia has now finished in the top two countries searching Miami real estate in each of the last 33 months (nearly three years). “Miami […]
Southeast Florida’s Spring Market is More Favorable for Buyers with More Housing Supply
By Gay Cororaton, MIAMI REALTORS Chief Economist Key takeaways: Active inventory for single-family homes is at 5 to 6 months’ supply in the Tri-County area, reflecting a healthy balance of demand and supply. Sellers are more willing to offer discounts, typically at 5% to 6%, in the Tri-County area. Despite the buildup in […]
Miami-Dade County’s Job Growth in 2024 Q3 Outpaced the US and the 10 Largest Counties
By Gay Cororaton, MIAMI REALTORS Chief Economist Miami-Dade County led the largest 10 counties in terms of employment growth in 2024 Q3, with employment up 1.7% nationally, surpassing the national rate of 0.8%, according to the latest US Census Bureau’s Quarterly Census of Employment and Wages statistics. [1] Miami-Dade’s County employment growth is […]
Miami-Dade $1M & Up Single-Family Homes, Affordable Condo Sales Rise
MIAMI — Miami-Dade County $1 million and up single-family homes and affordable condo transactions increased year-over-year in January 2025 as the South Florida real estate market continues to lead the nation, according to statistics released by the MIAMI Association of Realtors (MIAMI) and the MIAMI Southeast Florida Multiple Listing Service (SEFMLS). Miami-Dade $1M & […]
Southeast Florida’s Asking Rents Poised to Continue Rising in 2025
By Gay Cororaton, MIAMI REALTORS Chief Economist Here are our key takeaways in our January 2025 Southeast Florida Rental Market Report that you can download HERE. Southeast Florida’s asking rents start 2025 on a upswing. Asking rents rose 2.6% from one year ago in the Miami Metro area and 5.7% in the […]
Todd Glaser, partners in contract to pay record $105M for waterfront North Bay Road estate
Developer Sonny Kahn, wife Suzanne selling Miami Beach property The post Todd Glaser, partners in contract to pay record $105M for waterfront North Bay Road estate appeared first on MIAMI REALTORS®.
Surf Club Four Seasons closing tops Miami-Dade weekly condo sales
Top 10 sales ranged from $1.6M to $7.8M The post Surf Club Four Seasons closing tops Miami-Dade weekly condo sales appeared first on MIAMI REALTORS®.
Witkoff to revive Blavatnik and Scher’s long planned Ocean Terrace project in Miami Beach
Developer’s JV with Ocean Terrace Holdings secured an $85M preconstruction loan The post Witkoff to revive Blavatnik and Scher’s long planned Ocean Terrace project in Miami Beach appeared first on MIAMI REALTORS®.
Marathon Asset Management CEO buys Palm Beach lot for $20M
0.4-acre property comes with approved plans and deeded Mar-a-Lago membership The post Marathon Asset Management CEO buys Palm Beach lot for $20M appeared first on MIAMI REALTORS®.