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550 South Dixie Highway
Coral Gables, FL 33146
Have you heard? The $1 million+ market in Miami is making a comeback! While we continually talk about how much prices have come down in the past few years, we have had an increase in the number of sales over $1 million since 2009, and we are trending upwards. We hit a peak for the number of $1 million+ sales back in 2005, averaging 70 single family homes per month and 55 condos per month. That dropped every year thereafter, hitting a low in ‘09 when we averaged 31 single family homes per month and 31 condos per month. But we’re on the up and up – so far this year we have averaged 47 $1 million+ single family home sales every month, and 52 condo sales! And the icing on the cake? Miami-Dade is on track to have more sales this year than we have ever had before!