June 17, 2014
Luxury home sales in Palm Beach County continue to increase. The number of 1-million-dollar-plus homes sold in the first quarter of 2014 rose by 16 percent from the first quarter of 2013. It marked the second consecutive year of increased luxury home sales in Palm Beach County.
May 22, 2014
The median price of an existing single-family home in Broward County increased 9.2 percent in April, compared to April 2013. The median price of a condo in Broward County rose 14.3 percent in the same time period.
May 14, 2014
In 2013, Miami was listed as one of the top 10 luxury residential real estate markets in the world for the second consecutive year. Other cities on the list include London, Cote d’Azur, Hong Kong, Los Angeles, New York City, Paris, San Francisco, Toronto and Sydney.
April 22, 2014
The median prices of existing single-family homes and condos in Miami increased in March, despite growing inventory. The much-needed increase in inventory signals a more balanced market between buyers and sellers.
April 18, 2014
Vacation-home sales are booming again. The number of second-home sales in the United States increased by 30 percent last year. It was the largest gain since at least 2003, when the metric was first tracked.
April 17, 2014
The Miami real estate market recorded the most first-quarter residential sales in the 8 years the Elliman Report has been tracking the metric. Sales in Miami’s coastal communities rose 3.9 percent to 5,133, on a year-over-year basis.
March 28, 2014
Home prices in Miami-Dade, Broward and Palm Beach counties increased 16.5 percent in January, compared to January 2013. Home prices also increased on a month-to-month basis. The South Florida area was one of only 7 metropolitan areas to post price increases from December 2013 to January 2014. The month-to-month gain in Miami was .7 percent, the second largest increase in the country.
March 21, 2014
South Florida real estate is still in high demand. Existing home sales and prices in Palm Beach and Broward Counties once again rose in February.
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