South Florida home prices reach record highs, with Miami-Dade and Broward County median sales prices increasing 17% and 12% respectively.
South Florida home prices reach record highs, with median sales prices for single-family homes and condos at $650,000 and $420,000 in Miami-Dade County and $625,000 and $290,000 in Broward County. The Miami Association of Realtors reported a 17% increase in single-family home prices and a 12% rise in Broward from the previous year. Homebuyers with deep pockets are driving the residential market, causing prices to surge.
March 21, 2024
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