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Miami Beach Q3 2023

Most Florida markets we cover are seeing: Listing inventory is up modestly year over year but remains ~30% to 50% below pre-pandemic levels Higher mortgage rates and a chronic lack of supply have kept sales lower than stabilized levels...

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Miami Beach Q2 2023

Most Florida markets we cover are seeing: Sales remain below the year-ago frenzy that characterized the pandemic-era housing boom, but most markets experienced a robust, greater-than-seasonal quarterly increase. Despite fewer sales, li...

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Miami Beach Q1 2023

Most Florida markets we cover are seeing: A chronic shortage of listings that, even with the gains in some markets this year, supply remains far short of pre-pandemic conditions. Sales have declined sharply below the frenzied elevated s...

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Miami Beach Q4 2022

The median sales price for single families surged 35.6% annually, reaching a new high of $3,525,000 and nearly triple pre-pandemic levels. However, sales fell 68.4% yearly to 55, 27.6% below pre-pandemic levels. Over the same period listing inv...

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Miami Beach Q3 2022

Miami Beach Q3 2022

Across the region, price trends continued to rise, with many markets seeing new highs. Listing inventory expanded over the summer but remained well below pre-pandemic levels. Sales volume slowed compared to the frenzied levels of 2021 before mo...

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Miami Beach Q2 2022

Miami Beach Q2 2022

After being restrained by the chronic lack of listing inventory, for more than a year, rising mortgage rates, financial market volatility, and other related items such as inflation and the impact of the war have pivoted the housing market from ...

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Miami Beach Q1 2022

Miami Beach Q1 2022

The Florida housing market continued to see booming sales in the first quarter, enabled by the remote work phenomenon and tax policy, resulting in one of the fastest-paced markets on record. There are signs sales volume is now restrained by the...

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