Today’s Number: 42%

Eye-opening real estate stats

Average sales prices for single-family homes increased dramatically in Miami-Dade (42%+), Palm Beach (20%+), and Broward (12.5%) counties, year-over-year.

That’s the word from ONE Sotheby’s International Realty in conjunction with the Rosen Consulting Group, which just dropped a new market report—covering Florida’s East Coast from South Miami to Cocoa Beach—with data presented from a macro perspective down to city level. Please find the full January 2021 report and some highlights below.

  • Sales of homes $3M+ have increased for 7 consecutive months
  • In January 2021, 17% of single-family homes sold above listed price (compared to only 9% last year)
  • Total condo and single-family home listings fell by 7% from December to January, the lowest level in several years.

Miami-Dade: Single-family home price surge decelerates in January; condo pricing recovery continues

Broward: Single-family home sales volume higher than last year; condo pricing per square foot reached a high point

Palm Beach: Single-family home trends continue into January; condo sales volume continued to slow

SFBW Staff
sfbw@lmgfl.com
7 Comments
  • frank papandrea
    Posted at 19:06h, 16 February Reply

    bought a house this year and the prices were scary, best time to buy…now

  • frank papandrea
    Posted at 19:09h, 16 February Reply

    Sotheby’s International Realty thanks for the advice

  • Evelyn
    Posted at 19:22h, 16 February Reply

    This is good for the economy for sure.

  • Steve Lederman
    Posted at 19:56h, 16 February Reply

    Those are amazing stats, especially Miami-Dade.

  • Kevin Kaminski
    Posted at 22:53h, 16 February Reply

    Not only are buyers from the Northeast and California, there’s now interest in South Florida from Dallas and Houston!

  • Keren Moros
    Posted at 19:14h, 18 February Reply

    Great news for South Florida!

  • Georgette Evans
    Posted at 18:38h, 19 February Reply

    Glad we bought 20 years ago. Good news for our area.

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