In July, the median sales price for homes sold in Miami-Dade was $631,670. That is a new record, and an increase of 10.8% compared to July 2022. Condos and townhomes are on a similar streak as well.
Evidence is emerging that sellers who have hibernated for months are ready to list their house. Over the next six months, enough of them are expected to add to the thinning number of homes for sale that buyers could have broader choices, according to analysts, brokers and home search sites. CLICK ON THE HEADLINE FOR MORE
The total number of home sales was up more than 12% in September 2020 over September 2019 sales in both Miami-Dade County and Broward, according to the Miami Association of Realtors. That follows a similar increase in August — welcome relief after the four-month decline in previous months.