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 […]
Buyer Momentum Strengthens in Miami Market Area in August 2025
By Gay Cororaton, Chief Economist, MIAMI Realtors® Key Takeaways Single-family pending sales rose 4.7% while condominium/townhome sales rose 0.9% in August 2025. The median single-family sales price rose 2.3% in Miami-Dade County in August for the 14th year, with the largest price increase in Broward County (3.1%) Million-dollar condo/townhome sales rose 10.8% in […]
Miami-Dade $1M & Up Condo Sales Surge; Affordable 30-Year Condo Units Holding Value
MIAMI — Miami-Dade County $1M and up condominium sales surged in August 2025 as demand continues for affordable 30-year Miami-Dade condo units, according to statistics released by the MIAMI Association of Realtors (MIAMI) and the MIAMI Southeast Florida Multiple Listing Service (SEFMLS). Miami $1M and up condo sales increased 10.8% year-over-year in August 2025, […]
New York Developer and WeWork Founder Lead Miami’s Largest Multifamily Development
By Gay Cororaton, Chief Economist, MIAMI Realtors® Key Takeaways 35,000 multifamily units expected to be delivered in the Miami-Fort Lauderdale-Palm Beach market area in 2025-2026. 40% of new multifamily units are in Miami with a New York-based company and WeWork founder leading the largest development projects. Condo rents in buildings built after 2010 […]
MIAMI REALTORS® Announces Reciprocal MLS Access Collaboration with Stellar MLS
ALTAMONTE SPRINGS, Fla. (Sept. 19, 2025)—Stellar MLS, the largest multiple listing service in Florida and Puerto Rico and one of the most influential in the U.S., is collaborating with the MIAMI Association of REALTORS® (MIAMI), the nation’s largest local Realtor association with 60,000 members. Stellar MLS currently serves 30% of Florida’s land area across […]