Inbound New York Buyers Boost Miami Soaring Home Sales in August
Miami single-family home sales jumped 16.6% year-over-year
According to the Miami Association of Realtors, Miami-Dade County total home sales surged in August 2020.
Miami-Dade County total residential property sales jumped 6.4% year-over-year, from 2,374 to 2,527. Miami single-family home sales jumped 16.6% year-over-year, from 1,164 to 1,357. Miami existing condo transactions decreased 3.3% year-over-year, from 1,210 to 1,170.
105 Consecutive Months of Price Appreciation in Miami
Strong demand coupled with limited supply continue to drive price appreciation in Miami-Dade.