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Miami-Dade’s median sales price in October stood at $575,000 for single-family homes and $388,531 for condos. Houses once sold for 17% less a year ago, a now nostalgic $490,000. Condos sold for ...
“South Florida is experiencing a housing bubble,” Alyssa Soto Brody, a real estate broker and co-founder of Miami- and New York City-based real estate sales and marketing brokerage Development ...
South Florida home prices last broke a record in July 2023 when Miami-Dade had a median sales price of $631,670 for single-family homes and $420,000 for condos. MORE: A breakdown of the housing ...
U.S. states and D.C. by median home price, February 2024 (in February 2024 dollars) State rank State or territory Median home price in US$ 1 Hawaii: $839,013 2 California: $765,197 — District of Columbia: $610,548 3 Massachusetts: $596,410 4 Washington: $575,894 5 Colorado: $539,151 6 Utah: $509,433 7 New Jersey: $503,432 8 Oregon: $487,244 9
The Florida land boom of the 1920s was Florida 's first real estate bubble. The economic prosperity of the 1920s coupled with a lack of knowledge about storm frequency and the poor building standards used by boom developers set the conditions for the first real estate bubble in Florida. This pioneering era of Florida land speculation lasted ...
In Miami, for example, the median sale price of single-family homes increased by double digits year over year, sales rose by 9%, and new listings also shot up 13%, according to Redfin.
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