+1 (305) 859-4733
Add Listing
  1. Home
  2. Home prices are up again in Miami, but where are the buyers? Condos are an issue

Home prices are up again in Miami, but where are the buyers? Condos are an issue

Home sales in Miami-Dade and Broward decreased in May compared to last year, with condo transactions dropping significantly due to inventory issues. Single-family home sales in Miami-Dade increased by 6%, while Broward saw a 0.2% decline. Median home prices in both counties rose, with Miami-Dade at $650,000 and Broward at $625,000. Sellers are holding onto high prices from previous years, while buyers struggle with higher interest rates. Despite challenges, Miami-Dade homeowners have double the national average equity gain, reaching over half a million dollars.

Continue to full article

All Real Estate Transactions are BROKERED by Real Broker LLC.

All Residential Mortgage Transactions are BROKERED by U.S. FINANCE GROUP, LLC (NMLS ID: 26140)

All other services & lending products are brokered by Metro International Investments unless otherwise disclosed.

Miami Beach Brokers® & the Miami Beach Brokers® logo are registered trademarks of Metro International Investments. All rights are reserved.

All Real Estate Transactions are BROKERED by Real Broker LLC.

All Residential Mortgage Transactions are BROKERED by U.S. FINANCE GROUP, LLC (NMLS ID: 26140)

All other services & lending products are brokered by Miami Beach Brokers LLC unless otherwise disclosed.

Miami Beach Brokers® & the Miami Beach Brokers® logo are registered trademarks of Metro International Investments. All rights are reserved.

ADDRESS

100 Kings Point Drive, STE 1103, Sunny Isles Beach, FL 33160

EMAIL

Contacts@MiamiBeachBrokers.com

PHONE

+1 (305) 859-4733

Facebook-f Twitter Youtube Instagram Linkedin Pinterest Tumblr

QUICK LINKS

Miami Beach Brokers®

Where the BEACH is YOUR Backyard!

Information is sourced from 3rd parties including, but not limited to, the Miami Association of Realtors MLS system, Public Tax Records, and other resources deemed reliable but NOT guaranteed.  or warrantied in any way by Metro International Investments, Miami Beach Brokers LLC, Real Broker LLC, PREMIERE Group at Real Broker LLC, U.S. FInance Group LLC, nor any other vendors, affiliates, trade partners or employers of Miami Beach Brokers LLC.  All properties are subject to prior sale, change or withdrawal. Neither listing broker(s), its agent(s), or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in.

Compare Listings