Are home prices dropping in Miami?
Home prices in South Florida are finally falling. Last month prices fell in Miami-Dade for the first time since 2021, and prices in Broward have dipped for the first time in months. For those who have been waiting for the market to cool down, this is great news.
How much does it cost to live in Sunny Isles Florida?
|COST OF LIVING||Sunny Isles Beach||Florida|
|Median Home Cost||$480,400||$294,900|
Is Miami real estate slowing down?
Miami existing condo sales decreased 39.1% year-over-year, from 2,259 record-breaking July 2021 to 1,376 in July 2022, due to lack of inventory and rising mortgage rates.