Bright MLS, FMLS and MIAMI REALTORS® Sharing Reciprocal MLS Access Among 220,000+ Realtors
(North Bethesda, Md., Atlanta, Miami) Aug. 27, 2025 — Bright MLS, First Multiple Listing Service (FMLS), and the MIAMI Association of REALTORS® (MIAMI) today announced an expansion of their collaboration to give real estate professionals seamless search access across a significantly larger geographic footprint. FMLS and MIAMI REALTORS® have had an existing partnership that enables […]
Southeast Florida Single-Family Inventory at a Healthy 6 Months Supply
By Gay Cororaton, MIAMI REALTORS Chief Economist In July 2025, active inventory of single-family home rose to 6 to 7 months’ supply reflecting a healthy balance of demand and supply: Miami-Dade County (6.6 months’ supply), Broward County (6.0), Palm Beach County (5.5), Martin County (5.6), and St. Lucie County (5.7). The active inventory of […]
Miami-Dade: Most Multifamily Units Under Construction in the U.S.
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Miami-Dade market area is undergoing the most intense construction activity among 90 major markets, adding 18% to existing inventory. The city of Miami accounts for 40% of ongoing multifamily construction in the Tri-County area. Multifamily asking rent rose 1.5% in the Miami MSA […]
Colombia Leads All Countries in Searching for Miami Real Estate
MIAMI — Colombia again registered the most global web searches for South Florida real estate in June 2025, 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 39 months (three-plus years). “When […]
Miami-Dade Ultra-Luxury Sales on Pace to Set Records; Affordable 30-Year Condo Units Holding Value
MIAMI — South Florida is on pace to post the second-most $10M and up home sales for a calendar year as median prices for affordable 30-year Miami-Dade condo units stay even, according to July 2025 statistics released by the MIAMI Association of Realtors (MIAMI) and the MIAMI Southeast Florida Multiple Listing Service (SEFMLS). Miami-Dade, […]
Southeast Florida Housing Permits Up 14% in the First Half of 2025 Bucking National Decline of 2%
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Housing units authorized in the first half of 2025 in Southeast Florida rose 14%, bucking the 2% national decline. The annualized authorized units per 1,000 existing housing units were higher than nationally (9.9) in Miami-Dade County (13.8), Martin County (12.5), and St. Lucie County (29.6) […]
Miami-Dade Home Equity Gains Nearly 2X National Figure
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways The expected home equity on a single-family home purchased 15 years ago at the median sales price and valued at the median sales price as of 2025 Q2 is around $500,000. Over the past 15 years since the Great Recession, Southeast Florida’s price appreciation […]
MIAMI Realtors 20 Under 40 Awards Recognizes Young Realtors Making a Difference
MIAMI — The MIAMI Association of Realtors (MIAMI) and the MIAMI Young Professionals Network (MIAMI YPN) are honored to announce the 2025 class of 20 MIAMI YPN Realtors under the age of 40 who are demonstrating excellence in their careers, leadership and community involvement. This is MIAMI YPN’s sixth class of 20 Under 40 winners, […]
South Florida Homebuyers: More Global, Diverse, and Wealthier Than U.S. Average
By Gay Cororaton, MIAMI REALTORS Chief Economist MIAMI Association of Realtors® (MIAMI) latest Profile of Homebuyers in Southeast Florida Report validates the narrative that MIAMI’s homebuyers are more global, racially diverse, more well-educated, and wealthier than homebuyers in Florida and the nation. MIAMI’s research is based on the latest available Census data. Census […]
14 Consecutive Years of Home Price Appreciation for Miami Real Estate
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Halfway through 2025, home sales were lower from one year ago in all Southeast Florida counties, with buyers seemingly holding out for lower mortgage rates. Despite the slower sales, the median sales prices in Miami-Dade County rose in June 2025 from one year ago […]