Are real estate prices going to drop in Florida?
Overall, the Florida housing market is still pretty hot and is expected to stay that way throughout 2022. This is great if you’re a seller because it means home prices are going up and there isn’t much selling competition—so you get the luxury of choosing from the best offers on your timeline.
Are Hawaii real estate prices dropping?
Hawaii home prices
The housing market since 2020 has been the hottest that the state has ever seen. The median home prices in Hawaii increased a whopping 22% between 2020 and 2021. The median sales price in Hawaii in 2021 topped $828,125 and in 2022 it cumulatively topped just over $1million across the 4 main islands.
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.