Miami home values are expected to ↑ 3.5% in 2025, keeping the market strong. Miami’s Real Estate inventory ↑ 11.7%, creating more buying opportunities....
Luxury Market
South Florida's luxury housing market remains strong, with a 9.6% annual price increase despite decreased demand. In Palm Beach, luxury listings surged 180%, with six sales at a median price of $14 million....
Condo/Co-op/Townhouse in Q1: - Median sales price: $615K, ↑ 14% yearly - Avg sales price: $1.4M, ↑ 6% yearly - Closed sales: 667, ↓ 21% yearly - Sales volume: $929M, ↓ 16% yearly...