Migration to Miami-Dade Remains Higher than Pre-Pandemic
By Gay Cororaton, MIAMI REALTORS Chief Economist Key takeaways Out-of-state driver license exchanges in Southeast Florida decreased in 2025 Q1 but were higher than the pre-pandemic levels in Miami-Dade County and St. Lucie County. Despite recent declines, the number of out-of-state driver license exchanges from New York, California, New Jersey, Texas, and […]
Colombia Regains Position as Top Country Searching Miami Real Estate
Colombia registered the most global web searches for South Florida real estate in February 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 35 months (nearly three years). “Changes in government abroad […]
Southeast Florida Home Equity Surges in Q4 2024
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Southeast Florida’s rapid price growth has created significant wealth for homeowners, with 90% of home equity due to price appreciation. Miami-Dade County has the highest expected home equity over a 15-year period, at $555,900 on a typical single-family home (vs. $306,600 nationally) and […]
Miami Condo Prices Rise 8% With Highest Increase in Upper Price Tier
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways The median single-family sales price in Miami-Dade County rose 0.8% in February 2025 from one year ago, with prices up in 72% of areas, with the fastest increase in million-dollar markets. The median condominium/townhome sales price in Miami-Dade County rose 8%, with prices up in […]
Miami MSA Ranked No. 2 Top Housing Market in the U.S. for 2025
MIAMI — Miami-Dade County $1 million and up single-family homes and existing condo median prices increased year-over-year in February 2025 for a MIAMI MSA recently ranked No. 2 top housing market in the U.S., according to statistics released by the MIAMI Association of Realtors (MIAMI) and the MIAMI Southeast Florida Multiple Listing Service (SEFMLS). […]
Broward $1M & Up Condominium Transactions Increase
MIAMI — Broward County $1 million and up condominium sales increased year-over-year in February 2025, according to statistics released by the MIAMI Association of Realtors (MIAMI) and the MIAMI Southeast Florida Multiple Listing Service (SEFMLS). Broward $1M & up condo sales increased 5.6% year-over-year in February 2025. “South Florida continue to outperform national […]
Palm Beach County $1M & Up Single-Family Home Transactions, Total Dollar Volume Rise
MIAMI — Palm Beach County $1 million and up single-family home sales and total dollar volume increased year-over-year in February 2025, according to statistics released by the MIAMI Association of Realtors (MIAMI) and the MIAMI Southeast Florida Multiple Listing Service (SEFMLS). Palm Beach County $1M & up single-family home sales increased 14.5% year-over-year in […]
Martin County Total Dollar Volume Climbs
MIAMI — Martin County total dollar volume increased year-over-year in February 2025, according to statistics released by the MIAMI Association of Realtors (MIAMI) and the MIAMI Southeast Florida Multiple Listing Service (SEFMLS). Total dollar volume rose 16.06% year-over-year, from $187 million to $217 million. “Martin County and Stuart real estate offers an incredible […]
Miami-Dade County Continues to Rank No. 1 in International Migration
By Gay Cororaton, MIAMI REALTORS Chief Economist Key takeaways: Population rose at a faster pace than nationally in the Tri-County area due to net international migration. Miami-Dade had the largest net international migration; Broward County was 5th largest; Palm Beach County was 13th In St. Lucie County, net domestic migration drove the growth in […]
MIAMI Realtors Enhance South Florida’s Global Exposure at MIPIM
MIAMI — The MIAMI Association of Realtors (MIAMI) will once again have an expanded presence at the world’s largest commercial real estate event, MIPIM, from March 11-14 in Cannes, France. MIAMI’s major presence at this elite event creates global business opportunities for members and enhances South Florida’s global exposure. MIAMI will again have its […]