Here are five housing trends in Miami as the real estate market continues to change
Despite record-breaking high prices, South Florida’s luxury real estate market continues to attract buyers, though sales volume dropped by double digits in 2023. The region also is adapting to changing demographics with offerings such as multigenerational homes featuring separate quarters for grandparents.
The summary above was drafted with the help of AI tools and edited by journalists in our News division. All stories below were reported, written and edited by McClatchy journalists.
No. 1: Florida has 9 of the most overpriced housing markets. Here’s where and by how much
What to know about the rankings from FIU and FAU. | Published May 17, 2024 | Read Full Story by Patrick McCreless
No. 2: Why homebuyers are pouring into South Florida despite record-breaking high prices
Miami-Dade County has a new historically high median sales price for single-family homes. | Published May 25, 2024 | Read Full Story by Rebecca San Juan
No. 3: ‘It’s a tale of two cities’: South Florida home prices reach historic highs. Here’s why
Miami-Dade County now has a median sales price of $650,000 for a house and $420,000 for a condo. | Published March 21, 2024 | Read Full Story by Rebecca San Juan
No. 4: Home sales in South Florida dropped by double digits in 2023. What happened to prices?
Miami-Dade County’s total sales fell by 26%. | Published January 20, 2024 | Read Full Story by Rebecca San Juan
No. 5: Grandma and Grandpa under the same roof? New Miami homes carve out separate quarters
What to know about the trend. | Published February 16, 2024 | Read Full Story by Sarah Moreno
This report was produced with the help of AI tools, which summarized previous stories reported and written by McClatchy journalists. It was edited by journalists in our News division.
This story was originally published September 23, 2024 at 3:13 PM.