Million-Dollar Homes Accounted for 30% of Home Sales in the Jupiter-Tequesta-Hobe Sound Area in 2024 Q1-Q3
By Gay Cororaton, MIAMI REALTORS Chief Economist With mortgage rates remaining elevated and with home prices continuing to appreciate, million-dollar home sales accounted for a larger share of the market in the Jupiter-Tequesta-Hobe Sound (JTHS) market area. The share of million-dollar homes sold in 2024 Q1-Q3 rose to 30% from 26% during the same […]
$4.8 Billion in Miami-Dade Commercial Sales Through 2024 Q3
Miami Dade Commercial Report 2024 Q3 By Gay Cororaton, MIAMI REALTORS Chief Economist Commercial real estate investors closed $4.8 billion in commercial real estate sales deals in Miami-Dade County in the first three quarters of 2024. Amid a still challenging investing landscape of high borrowing costs and tight underwriting, investors honed in on […]
Miami Single-Family Home Sales Increase in 3Q 2024; On Pace to Top Last Year’s Total
MIAMI — Miami-Dade County single-family home sales increased year-over-year in 3Q 2024 as condo $1M and up transactions continued surging versus pre-pandemic numbers, according to statistics released by the MIAMI Association of Realtors (MIAMI) and the MIAMI Southeast Florida Multiple Listing Service (SEFMLS). Miami single-family home sales are on pace to top last year’s […]