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Miami-Dade House Prices Fall for Third Month in Row

In October 2023, South Florida buyers are receiving some relief as mortgage rates have risen but home prices in Miami-Dade County have dropped for the third consecutive month. Single-family house prices decreased from $620K in August to $600K in September, while condo prices dropped from $416K to $415K. Despite the monthly price deflation, the cost of entry into the South Florida housing market is still higher than a year ago. Total home sales in Miami-Dade declined in September, while sales volume in Broward County grew.

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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.

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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.

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