Single-Family Luxury Home Sales Price Rose to at Least $2.3M in 2023, According to MIAMI Luxury Report

By Gay Cororaton, MIAMI REALTORS Chief Economist    Southeast Florida Residential Luxury Home Sales in 2023_02162024_Revised With elevated levels of out-of-state migration into Southeast Florida and its strong economy that has attracted business expansions and relocations, the share of million-dollar homes to total sales has steadily climbed since 2019. In 2023, the share of million-dollar […]

Miami-Dade June Condo Sales Report

Miami-Dade condo sales fall in June to $700M DEK: $20M closing at Fendi Château in Surfside took the top spot The post Miami-Dade June Condo Sales Report appeared first on MIAMI REALTORS®.  

Summer Cooldown: New Homes Will Offer A Lifeline For Some Agents

Three leading economists share what’s ahead for the summer, from the continued struggle with mortgage rates to a resurgence in bidding wars and the gift of new-home sales that keeps giving The post Summer Cooldown: New Homes Will Offer A Lifeline For Some Agents appeared first on MIAMI REALTORS®.

New Home Sales Jumped 20% In May, A 12.2% Jump From April

Sales of newly built single-family homes were at a seasonally adjusted rate of 763,000 during May 2023 — 20% higher than the levels seen in May 2022, according to data from the US Census Bureau The post New Home Sales Jumped 20% In May, A 12.2% Jump From April appeared first on MIAMI REALTORS®.