Q1 2025
M A R K E T U P DAT E MIAMI-DADE
DOWNTOWN MIAMI
I
BROWARD
I
PA L M B E A C H
HOW DID SOUTH FLORIDA BECOME
THE PLACE TO BE?
DOWNTOWN FORT LAUDERDALE
Mortgage Interest Rates: A Moving Target for 50 Years 17%
17%
16%
16%
15%
15%
14%
14%
13%
13%
12%
12%
11%
11%
10%
10%
9%
9%
8%
8%
MAR 2025
JAN 2025
JAN 2024
JAN 2023
JAN 2022
JAN 2021
JAN 2020
JAN 2019
JAN 2018
JAN 2017
JAN 2016
JAN 2015
JAN 2014
JAN 2013
JAN 2012
JAN 2011
JAN 2010
JAN 2009
JAN 2008
JAN 2007
JAN 2006
JAN 2005
JAN 2004
JAN 2003
JAN 2002
JAN 2001
JAN 2000
JAN 1999
JAN 1998
JAN 1997
JAN 1996
JAN 1995
JAN 1994
JAN 1993
JAN 1992
JAN 1991
0% JAN 1990
0% JAN 1989
1%
JAN 1988
2%
1%
JAN 1987
2%
JAN 1986
3%
JAN 1985
4%
3%
JAN 1984
4%
JAN 1983
5%
JAN 1982
5%
JAN 1981
7% 6%
JAN 1980
7% 6%
M O RTGAG E R AT E A N N UA L P E R C E N TAG E
18%
JAN 1979
*Source: Federal Reserve Bank of St. Louis. Percentages shown are nationwide averages for 30-Year Fixed Rate Mortgages as reported by Freddie Mac the first week of January each year.
% BETWEEN JAN 1975 & MAR 2025
18%
JAN 1978
7.07% 7.14% 5.85% 5.87% 5.77% 6.21% 6.18% 6.07% 5.01% 5.09% 4.77% 3.91% 3.34% 4.53% 3.73% 3.97% 4.20% 3.95% 4.51% 3.72% 2.65% 3.22% 6.48% 6.62% 6.91% 6.65%
JAN 1977
JAN 2001 JAN 2002 JAN 2003 JAN 2004 JAN 2005 JAN 2006 JAN 2007 JAN 2008 JAN 2009 JAN 2010 JAN 2011 JAN 2012 JAN 2013 JAN 2014 JAN 2015 JAN 2016 JAN 2017 JAN 2018 JAN 2019 JAN 2020 JAN 2021 JAN 2022 JAN 2023 JAN 2024 JAN 2025 MAR 2025
JAN 1976
8.56% 9.60% 9.10% 8.70% 9.00% 10.38% 12.85% 14.95% 17.30% 13.46% 13.43% 13.10% 10.81% 9.37% 10.50% 10.80% 9.83% 9.56% 8.24% 8.07% 7.23% 9.22% 7.02% 7.67% 7.03% 6.79% 8.15%
JAN 1975
JAN 1974 JAN 1975 JAN 1976 JAN 1977 JAN 1978 JAN 1979 JAN 1980 JAN 1981 JAN 1982 JAN 1983 JAN 1984 JAN 1985 JAN 1986 JAN 1987 JAN 1988 JAN 1989 JAN 1990 JAN 1991 JAN 1992 JAN 1993 JAN 1994 JAN 1995 JAN 1996 JAN 1997 JAN 1998 JAN 1999 JAN 2000
C H A N G E S I N 3 0 -Y E A R F I X E D R AT E M O R T G A G E
30-Year Fixed January/Year Mortgage Rate*
M O RTGAG E R AT E A N N UA L P E R C E N TAG E
30-Year Fixed January/Year Mortgage Rate*
10%-18% Rates for 11 years** **Rates rose to 17% & 18% during 1981 & 1982, but not during a January reporting period.
JANUARY - APRIL 2021
FEBRUARY - OCTOBER 2023
Mortgage Rates during 2021 ranged from a low of 2.65% on January 7, 2021 to a high of 3.18% on April 1, 2021.
Mortgage Rates during 2023 ranged from a low of 6.09% on February 2, 2023 to a high of 7.79% on October 26,2023.
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 3
HISTORICAL DATES
*Mortgage Loan %
Jan 7 2021 2.65%
Jan 6 2022 3.22%
Mar 17 2022 4.16%
Apr 14 2022 5.00%
Sep 15 2022 6.02%
Oct 27 2022 7.08%
Oct 26 2023 7.79%
Sept 26 2024 6.08%
Apr 17 2025 6.83%
HISTORICAL DATES
***LOST BUYING POWER
*Mortgage Loan %
MONTHLY PAYMENTS OF PRINCIPAL & INTEREST 30-YEAR FIXED RATE MORTGAGE
LOAN AMOUNT
3.0%
$1,000,000
$4,216
$883,097 $785,371 $742,536 $703,200 $667,023 $650,025
4.0% **
$4,774 +13%
5.0%
5.5%
6.0%
**
**
**
$5,368 $5,678 $5,996 +27% +35% +42%
6.5% 6.75%
7.0%
7.25% 7.5%
8.0%
**
**
**
**
$6,321 +50%
**
**
$6,486 $6,653 $6,822 $6,992 +62% +58% +66% +54%
$7,338 +74%
$4,216
$4,216
$4,216
$4,216
$4,216
$4,216
$633,703 $618,029 $602,968 $574,577
$4,216
$4,216
$4,216
$4,216
This graphic outlining The Effect of Interest Rates on Buying Power is for illustrative purposes only. It should not be relied upon as an indication of current financial market conditions or as a statement of availability of residential mortgage financing. Source of historical interest rates: Federal Reserve Bank of St. Louis. Percentages shown are nationwide averages reported each week. * 30-Year Fixed Mortgage Rate, per Freddie Mac Primary Mortgage Market Survey. ** Principal & Interest Payment for $1,000,000 Loan Amount at various interest rates and payment percentage increase above P&I monthly payment of $4,216 for $1,000,000 30-year fixed rate mortgage at 3.0% rate. *** Lost Buying Power of $1 million loan amount at fixed rate of 3.0%, when compared with higher rates with the same monthly payment of $4,216.
4 B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y
▼ 12%
($116,903)
▼ 21%
($214,629)
▼ 26%
($257,464)
▼ 30%
($296,800)
▼ 33%
($332,977)
▼ 35%
($349,975)
▼ 37%
($366,297)
▼ 38%
($381,971)
▼ 40%
($397,032)
▼ 43%
($425,423)
The Effect of Interest Rates on Buying Power
The Tax Factor
U.S. STATES AND THEIR INCOME TAX RATES T O P M A R G I N A L S TAT E I N D I V I D U A L I N C O M E TA X R AT E S , A S O F D E C E M B E R 3 1 , 2 0 2 2
S T AT E I N C O M E T A X E S A R E S T I L L A D R I V I N G F O R C E F O R W H Y P E O P L E A R E M O V I N G. 8 S T AT E S H AV E N O I N C O M E T A X .
ME 7.15%
WA
MT 6.75%
OR 9.90%
ID 6.00% 6.50%
ND 2.90%
MN 9.85%
SD WY
NV
UT* UT 4.95%
CA 13.30%
AZ AZ 4.50% 4.50%
NE 6.84% CO* CO 4.55%
NM 5.90%
KS 5.70% OK 4.75%
TX HI 11.0%
AK
NY 10.90% 10.9%
WI 7.65%
IA IA 8.53% 8.53%
MI* 4.25%
IL* IL 4.95%
MO 5.30% 5.40%
OH IN* 3.99% WV 3.23% 6.50% 6.5% KY* KY 5.0% TN TN 1.0%
AR 5.50%
MS 5.0%
PA* 3.07% VA 5.75% NC* NC 4.99%
SC 7.00% 7.0%
AL 5.0%
GA 5.75%
LA 4.25%
FL
PERCENTAGE OF STATE INCOME TAX 8% & HIGHER
0% - 3.99%
4% - 7.99%
NO STATE INCOME TAX
CT 6.99% DC 9.75% DE 6.60% MA* 5.00% MD 5.75% NH** 5.00% NJ 10.75% RI 5.99% VT 8.75%
* State has a flat income tax. ** State only taxes interest and dividends income. *** Some cities may also impose an income tax, which is not reflected on this map. Map shows top marginal rates: the maximum statutory rate in each state Source: www.thebalancemoney.com/state-income-tax-rates-3193320 PHOTO CREDITS: BEN VAUGHN, MAARTEN VAN DEN HEUVEL, BRADEN JARVIS, JOSH HILD, RASHTRAVARDHAN KATARIA
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 5
Internal Migrations Daily Averages
U.S. "NET" PERSON GAINS (LOSSES) PER DAY BY STATE P E R U . S . C E N S U S B U R E A U E S T I M AT E S O F R E S I D E N T P O P U L AT I O N A S O F J U LY 1 , 2 0 2 4
T H E S TAT E S W I N N I N G A N D L O S I N G T H E P O P U L AT I O N G A M E . 2 S TAT E S L O S T P O P U L AT I O N B E T W E E N
ME +15
J U LY 1 , 2 0 2 3 A N D J U LY 1 , 2 0 2 4 .
ME +27 ME +22
WA WA+55 +276
F L O R I D A’ S P O P U L AT I O N G R E W D U R I N G T H E S A M E
+16 MTMT +50
PERIOD BY 463,347 “NET” NEW PERMANENT R E S I D E N T S ( 1 , 2 8 0 P E R D AY ) .
NDND -11+21
MN +1
MN +110
OROR +13+51
NY
NY+356 -874
+84 WIWI +10 SD SD+23 +17
+84 ID ID +146
HI -13
MI-46 +156 MI
WY +4+7 WY
PA PA-70 +167
NE+6 +48 NE
NV +82 NV +145
IA +63 +12 IA
+186 ILIL -312 UT +165
CA +637 CA -718
CO +76 CO +154
KSKS -4 +52
MO+38 +103 MO
ID
OH -29
OH +162 WV
ID+56 +121
-19 WV -1
NC +257 NC +452
AK +10 OK +67 OK +86
AZ +300 AZ +269
NM +25
TN +151 TN +218
MS
TX+1,542 +850 TX
SCSC +164 +249
AR +52 AR +37 MS -190
AL+41 +110 AL
GA +319 GA +202
LA LA -74 +26
FL
FL +579 +1,280
US Census Population Estimate (as of July 1) Geographic Area
Northeast Midwest South West United States
2023
57,398,303 69,186,401 130,893,358 79,328,169 336,806,231
2024
57,832,935 69,596,584 132,665,693 80,015,776 340,110,988
VA +210 VA +28
KY+15 +103 KY
Inc (Dec) ‘24 vs ‘23 Year Over Year
Per Day
434,632 410,183 1,772,335 687,607 3,304,757
1,191 1,124 4,856 1,884 9,054
+88 CT +41 DC +42 DE MA +191 MD +126 +19 NH NJ +332 +24 RI VT -1
NET GAINS (LOSSES) PER DAY IN PERSONS GAIN OF 500+
100-199
400-499
0-99
200-399
POPULATION LOSS
8 STATES WITH NO STATE INCOME TAX
Note: The estimates are developed from a base that integrates the 2020 Census, Vintage 2020 estimates, and (for the U.S. only) 2020 Demographic Analysis estimates. For population estimates methodology statements, see https://www.census.gov/programs-surveys/popest/technical-documentation/methodology.html. See Geographic Terms and Definitions at https://www.census.gov/programs-surveys/popest/guidance-geographies/terms-and-definitions.html for a list of the states that are included in each region. All geographic boundaries for the 2024 population estimates series are as of July 1, 2024.
6 B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y
Internal Migrations 4-Year Period
U.S. "NET" PERSON GAINS (LOSSES) OVER THE 4-YEAR PERIOD BETWEEN JULY1, 2020 AND JULY 1, 2024
P E R U . S . C E N S U S B U R E A U E S T I M AT E S O F R E S I D E N T P O P U L AT I O N A S O F J U LY 1 , 2 0 2 4
T H E S TAT E S W I N N I N G A N D L O S I N G T H E P O P U L AT I O N G A M E . 7 S TAT E S L O S T P O P U L AT I O N B E T W E E N J U LY 1 , 2 0 2 0 A N D J U LY 1 , 2 0 2 4 .
ME +40,441 ME
+55 WAWA +230,971
F L O R I D A’ S P O P U L AT I O N G R E W D U R I N G T H E 4 -Y E A R
MT+50,003 +50 MT
P E R I O D B Y 1 ,7 8 0 ,1 8 0 “ N E T ” N E W P E R M A N E N T R E S I D E N T S ( 1 , 2 1 9 P E R D AY ) .
ND+17,005 -11 ND
MN +82,416
OR+28,592 +13 OR
NY
NY -874 -237,923
WI WI +10
ID +152,204
+63,600
SD+36,721 +23 SD
ID +146
HI -5,106
MI
MI -46 +67,756
WYWY +4
+9,937 NE +42,078 +6 NE
NV +82 NV +150,500
UT +219,536 CA CA -718
CO +76 CO
OK +67 OK +129,978
AZ AZ +269
+395,249
OHOH -29 ID +84,399 ID WV IL +56 IL -312 +133,778 WV -19 -88,930 VA -21,667 VA +28 +173,580 KY MO MO +38 KY +15 +80,054 +90,722 NC+596,372 +257 NC +151 TNTN +299,846
+346,582
MS MS -15,491 -19 TX +850 TX +2,051,261
SC SC +164
AR AR +37
+73,808
NM +11,650
PA+82,608 -70 PA
IA +12 IA +50,347
KS KS-4+32,434
+170,364
-90,695
AK +7,116
+27 ME +22
MN +1
AL AL +41 +124,605
GA GA +202
+447,990
LA -54,561
LA -74
FL FL +579 +1,780,180
+95,151 CT +31,333 DC DE +59,989 MA +141,573 MD +85,285 NH +30,276 NJ +228,057 +15,778 RI VT +5,516
US Census Population Estimate (as of July 1, 2024) Geographic Area
2020
2021
2022
2023
2024
Inc (Dec) ‘24 vs ‘20 4-Year Period
Northeast Midwest South West United States
57,431,458 57,252,533 68,872,831 68,984,258 126,476,549 127,368,010 78,685,455 78,606,386 331,577,720 332,099,760
57,159,597 68,903,297 129,037,849 78,916,578 334,017,321
57,398,303 69,186,401 130,893,358 79,328,169 336,806,231
57,832,935 69,596,584 132,665,693 80,015,776 340,110,988
401,477 612,326 6,189,144 1,330,321 8,533,268
Per Day
275 419 4,239 911 5,845
NET GAINS (LOSSES) PER DAY IN PERSONS GAIN OF 500,000
100,00-199,000
400,000-499,000
0-99,000
200,000-399,000
POPULATION LOSS
8 STATES WITH NO STATE INCOME TAX
Note: The estimates are developed from a base that integrates the 2020 Census, Vintage 2020 estimates, and (for the U.S. only) 2020 Demographic Analysis estimates. For population estimates methodology statements, see https://www.census.gov/programs-surveys/popest/technical-documentation/methodology.html. See Geographic Terms and Definitions at https://www.census.gov/programs-surveys/popest/guidance-geographies/terms-and-definitions.html for a list of the states that are included in each region. All geographic boundaries for the 2024 population estimates series are as of July 1, 2024.
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 7
Who is moving to South Florida? MIGRATION TO FLORIDA IN 2024 BASED ON DRIVER LICENSE EXCHANGES Driver License exchanges from residents who moved to Florida between January 1 and December 31, 2024 and other countries or US territories. Number of Driver License Exchanges in 2024 Out-of-State
From other countries or US territories
Total
Florida
390,102
134,727
524,829
Miami-Dade Broward Palm Beach
20,909 18,527 23,074
36,500 19,154 8,736
57,409 37,681 31,810
3-County Total
62,510
64,390
126,900
Destination County
Top origins of Out-of-State Driver License Exchanges in 2024 in Miami-Dade County
Top origins of Out-of-State Driver License Exchanges in 2024 in Broward County
Top origins of Out-of-State Driver License Exchanges in 2024 in Palm Beach County
Source: Miami Association of REALTORS@ analysis of data abtained from the Florida Highway Safety and Motor Vehiles and Florida Realtors@ tabulations (2016-2020). Southeast Florida covers the counties of Miami-Dade, Broward and Palm Beach.
8 B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y
The Exchange Rate H O W R AT E S I N C R E A S E / D E C R E A S E T H E B U Y I N G P O W E R O F I N T E R N AT I O N A L B U Y E R S
COUNTRIES/CURRENCIES AND THEIR BUYING POWER MARCH 2025 VS. MARCH 2024
9.1% MORE EXPENSIVE
3.1%
1.02%
MORE EXPENSIVE
MORE EXPENSIVE
ARGENTINA
CHILE
COLOMBIA
JAPAN
0.8%
2.5%
0.3%
MORE EXPENSIVE
MORE EXPENSIVE
PERÚ
EUROPEAN UNION
MORE EXPENSIVE
BRAZIL
MEXICO
UNITED KINGDOM
RUSSIA
CANADA
CHINA
-5.4%
LESS EXPENSIVE
-0.6% LESS EXPENSIVE
-8% LESS EXPENSIVE
-12.9% LESS EXPENSIVE
-19.9%
-18.7% LESS EXPENSIVE
LESS EXPENSIVE
Source: Oanda.com. Data accessed June 30, 2023. PHOTO CREDITS: JOHN TOWNER, JOHN LEE, ALEX VASEY, AGUSTIN DIAZ GARGIULO, NIKOLAY VOROBYEV, YOAV AZIZ, OLGA STALSKA, SU SAN LEE, JEZAEL MELGOZA, WILLIAN JUSTEN DE VASCONCELLOS, FABIEN MOLINE, RICARDO GOMEZ ANGEL.
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 9
D O YO U OW N M U LT I P L E R ES I D E N T I A L P R O P E R T I ES ?
Unlock Your Profit Potential The Median Sold Price of A Single-Family Home within Miami-Dade County Has Increased 350% Over the Past 14 Years – from $150,000 in January 2011 to $675,000 in March 2025
$800,000
Single-Family Homes
24
Miami-Dade County, Florida 15-Year Overview
22
Median Price March 2024 $650,000
$600,000
18 16 14
$400,000
12
Median Price December 2019 $380,000
10
The months of supply of available inventory of single-family homes across Miami-Dade County began increasing in the spring of 2022, when interest rates began rising from the 3%-range to the 7%-range.
Highest median price prior to falling prices during recession March 2007 - $373,000
Median Price January 2011 $150,000
8
Mar 2025 - 5.9 Months 6 Months 6 of Inventory
$200,000
4 2 0
0 Q4 2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
COVID Shutdown March 2020
2021
2022
2023
2024
2025
Period of Increasing Mtg. Rates in 2022-23 From 3% to 7%+/-
©2025 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity. The single family home and condo inventory, sales and price information for the markets described above was derived from the Miami Association of Realtors Southeast Florida Regional Multiple Listing Service for the quarterly periods beginning January 1, 2009 and ending March 31, 2025.
10 B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y
Median Price of Single-Family Homes
Median Price
Months of Inventory
20
Median Price Dec 2024 $681,000 Median Price Mar 2025 $675,000
D O YO U OW N M U LT I P L E R ES I D E N T I A L P R O P E R T I ES ?
Unlock Your Profit Potential The Median Sold Price of A Condominium within Miami-Dade County Has Increased 378% Over the Past 14 Years – from $92,000 in January 2011 to $440,000 in March 2025, but prices adjusted up & down during 2024.
36
Condominiums
34
Miami-Dade County, Florida 15-Year Overview
32
$400,000
26 24 22
$300,000
Median Price December 2019 $245,000
20 18 16
$200,000
14
Mar 2025 - 13.3 Months
Median Price January 2011 $92,000
12 10 8
Median Price of Condominiums
Months of Inventory
28
The months of supply of available inventory of condominiums across Miami-Dade County began increasing in the spring of 2022, when interest rates began rising from the 3%-range to the 7%-range.
Median Price March 2025 $440,000
Median Price Sept 2024 $420,000
30
Median Price
$500,000
Median Price March 2024 $445,000
$100,000
6 Months 6 of Inventory 4
Highest median price prior to falling prices during recession March 2007 - $265,000
2 0 Q4 2008
0 2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
COVID Shutdown March 2020
2021
2022
2023
2024
2025
Period of Increasing Mtg. Rates in 2022-23 From 3% to 7%+/-
©2024 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity. Single family home and condo availability information for Miami-Dade County, FL was derived from the Miami Association of Realtors Southeast Florida Regional Multiple Listing Service for the quarterly periods beginning January 1, 2008 and ending March 31, 2025.
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 11
MIAMI-DADE COUNTY RESIDENTIAL - SINGLE-FAMILY HOMES
A 15 YEAR LOOKBACK
ALL PROPERTIES - ALL PRICES
NUMBER OF HOMES FOR SALE VS. SOLD LAST 15 YEARS (YEAR TO DATE ENDING 3/31/25)
AT N U M B E R O F S A L ES ( 2 0 1 1 - 2 0 2 5 ) Miami-Dade County
Current vs. Prev YTD
Single-Family Homes
1/1/25 - 3/31/25
1/1/24 - 3/31/24
% Change
For Sale (End of Period)
5,563
4,018
38.5%
Average Sold per Month
786
865 For Sale (End of Period) 9.1%
For Sale (End of Period) Sold (Avg per month ending YTD March 31.) Sold (Avg)
8000 7500
7288 6907
7000
Number of Homes - YTD through March, 31st
6500
6283
6000
5650
6143
6246
6229
5731
5563
5500 4998
5000
4418
4500
4018
4000 3500
3317
3000 2540
2500
1999
2000 1500 1000 500 0
987.3
910.3
985.7
1056.3
1157.3
1079.7
1095.7
1055
933.7
1011
1283.7
1203.7
853.7
865
785.7
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Copyright © Trendgraphix, Inc. ©2025 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity. The single family home and condo inventory, sales and price information for the markets described above was derived from the Miami Association of Realtors Southeast Florida Regional Multiple Listing Service for the quarterly periods beginning January 1, 2011 and ending March 31, 2025.
12 B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y
MIAMI-DADE COUNTY RESIDENTIAL - CONDOMINIUM
A 15 YEAR LOOKBACK
ALL PROPERTIES - ALL PRICES
NUMBER OF HOMES FOR SALE VS. SOLD LAST 15 YEARS (YEAR TO DATE ENDING 3/31/25)
AT N U M B E R O F S A L ES ( 2 0 1 1 - 2 0 2 5 ) Miami-Dade County
Current vs. Prev YTD
Condominium
1/1/25 - 3/31/25
1/1/24 - 3/31/24
% Change
For Sale (End of Period)
13,645
9,451
44.4%
Average Sold per Month
867
1,010 14.2% For Sale (End of Period)
For Sale (End of Period) Sold (Avg per month ending YTD March 31.) Sold (Avg)
20000 19000 18000 17000
16456 15915
Number of Homes - YTD through March, 31st
16000
15381
14925
15000 13958
14000 13000
12333
13645
11987
12000 10632
11000
10600
10000
9451
9000 7795
8000
7598
7000
6563
6000 5000
4550
4000 3000 2000 1000 0
1628.3
1406.7
1408.7
1412
1382
1209
1148
1147
1050.3
1122
1751.3
2163
1164.7
1010.3
866.7
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Copyright © Trendgraphix, Inc. ©2025 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity. The single family home and condo inventory, sales and price information for the markets described above was derived from the Miami Association of Realtors Southeast Florida Regional Multiple Listing Service for the quarterly periods beginning January 1, 2011 and ending March 31, 2025.
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 13
THEN AND NOW 46 YEARS LATER...
Then: Brickell Key (Claughton Island) 1979
First 33 acres of the 44-acre island were sold in 1979 for $17 million ($515,000 per acre)
2.5 acres sold on April 13, 2022 for $363 million ($145,200,000 per acre)
Now: Brickell Key 2025
14 B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y
“Original” Mandarin Oriental
“New” Mandarin Oriental Hotel and Residences
BUILT IN 2000 - WILL BE DEMOLISHED IN 2025.
WILL REPLACE ORIGINAL HOTEL WITH 220 CONDO UNITS IN A 800-FOOT TOWER AND A NEW HOTEL IN A 400-FOOT TOWER
I-395 Miami Bridge Project Completion: Late 2027
16 B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y
The Overall Market
M I A M I - D A D E , B R O W A R D & PA L M B E A C H E S C O U N T I E S
MAR K E T AN ALYS IS
The Overall Market (All Prices) | Single Family Homes COMPARING Q1 2025 VS. Q1 2024
MIAMI-DADE COUNTY
BROWARD COUNTY
PALM BEACH COUNTY
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
INVENTORY
▲
39%
INVENTORY
TOTAL SALES
▼
9%
▲
43%
TOTAL SALES
▼
2.7%
INVENTORY
▲
28%
TOTAL SALES
▼
0.1%
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
5,563 ON MARCH 31, 2025
2,357 SALES VS. 2,595 SALES
5,460 ON MARCH 31, 2025 VS.
2,629 SALES VS. 2,701 SALES
4,018 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
3,811 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
4,377 ON MARCH 31, 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
54%
▲
47%
▲
28%
▲
VS.
▲
4%
▲
4%
NO. OF HOMES FOR SALE IN THE MLS 5,605 ON MARCH 31, 2025 VS.
▲
CLOSED SINGLE-FAMILY SALES IN THE MLS 2,792 SALES VS. 2,796 SALES Q1 2025 VS. Q1 2024
0.7%
7.1 MONTHS VS. 4.6 MONTHS
$673,000 VS. $645,000
6.2 MONTHS VS. 4.2 MONTHS
$630,000 VS. $605,000
6 MONTHS VS. 4.7 MONTHS
$675,000 VS. $670,000
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
18 B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y
MAR K E T AN ALYS IS
The Overall Market (All Prices) | Condominiums COMPARING Q1 2025 VS. Q1 2024
MIAMI-DADE COUNTY
BROWARD COUNTY
PALM BEACH COUNTY
CONDOMINIUMS
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
▲
44%
TOTAL SALES
▼
11%
INVENTORY
▲
46%
TOTAL SALES
▼
17%
INVENTORY
▲
34%
TOTAL SALES
▼
9%
CLOSED CONDO SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDOS SALES IN THE MLS
9,451 ON MARCH 31, 2024
2,703 SALES VS. 3,031 SALES
12,466 ON DECEMBER 31, 2025 VS.
2,695 SALES VS. 3,235 SALES
Q1 2025 VS. Q1 2024
8,515 ON DECEMBER 31, 2024
Q1 2025 VS. Q1 2024
7,032 ON MARCH 31, 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
67%
▲
48%
▼
NO. OF CONDOS FOR SALE IN THE MLS 13,645 ON MARCH 31, 2025 VS.
▲
4%
▲
76%
▼
2%
NO. OF CONDOS FOR SALE IN THE MLS 9,411 ON MARCH 31, 2025 VS.
▲
CLOSED CONDOS SALES IN THE MLS 2,615 SALES VS. 2,883 SALES Q1 2025 VS. Q1 2024
3%
15.7 MONTHS VS. 9.4 MONTHS
$438,000 VS. $423,000
13.9 MONTHS VS. 7.9 MONTHS
$275,000 VS. $280,000
10.8 MONTHS VS. 7.3 MONTHS
$315,000 VS. $325,000
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 19
MAR K E T AN ALYS IS
The Under $1 Million Market COMPARING Q1 2025 VS. Q1 2024
MIAMI-DADE COUNTY
BROWARD COUNTY
PALM BEACH COUNTY
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
INVENTORY
▲
54%
NO. OF HOMES FOR SALE IN THE MLS 3,132 ON MARCH 31, 2025 VS.
2,039 ON MARCH 31, 2024
▲
INVENTORY
TOTAL SALES
▼
11%
CLOSED SINGLE-FAMILY SALES IN THE MLS 1,765 SALES VS. 1,992 SALES Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
72%
▲
▲
54%
NO. OF HOMES FOR SALE IN THE MLS 3,751 ON MARCH 31, 2025 VS.
TOTAL SALES
▼
4%
CLOSED SINGLE-FAMILY SALES IN THE MLS 2,147 SALES VS. 2,224 SALES
INVENTORY
▲
39%
NO. OF HOMES FOR SALE IN THE MLS 3,241 ON MARCH 31, 2025 VS.
2,438 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
2,332 ON MARCH 31, 2024
SUPPLY
MEDIAN PRICE
SUPPLY
58%
▲
4%
▲
4%
▲
40%
TOTAL SALES
▼
1%
CLOSED SINGLE-FAMILY SALES IN THE MLS 1,992 SALES VS. 2,012 SALES Q1 2025 VS. Q1 2024
MEDIAN PRICE
0%
5.3 MONTHS VS. 3.1 MONTHS
$599,000 VS. $575,000
5.2 MONTHS VS. 3.3 MONTHS
$570,000 VS. $550,000
4.9 MONTHS VS. 3.5 MONTHS
$575,000 VS. $575,000
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
20 B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y
MAR K E T AN ALYS IS
The Under $1 Million Market COMPARING Q1 2025 VS. Q1 2024
MIAMI-DADE COUNTY
BROWARD COUNTY
PALM BEACH COUNTY
CONDOMINIUMS
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
▲
49%
NO. OF CONDOS FOR SALE IN THE MLS 10,529 ON MARCH 31, 2025 VS.
TOTAL SALES
▼
16%
CLOSED CONDO SALES IN THE MLS 2,184 SALES VS. 2,592 SALES
INVENTORY
▲
48%
NO. OF CONDOS FOR SALE IN THE MLS 11,706 ON MARCH 31, 2025 VS.
TOTAL SALES
▼
17%
CLOSED CONDOS SALES IN THE MLS 2,578 SALES VS. 3,121 SALES
7,090 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
7,891 ON MARCH 31, 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
79%
▼
▲
77%
0%
▲
Q1 2025 VS. Q1 2024
4%
INVENTORY
▲
35%
NO. OF CONDOS FOR SALE IN THE MLS 8,203 ON MARCH 31, 2025 VS.
6,074 ON MARCH 31, 2024
SUPPLY
▲
51%
TOTAL SALES
▼
10%
CLOSED CONDOS SALES IN THE MLS 2,361 SALES VS. 2,636 SALES Q1 2025 VS. Q1 2024
MEDIAN PRICE
▼
7%
14.5 MONTHS VS. 8.2 MONTHS
$385,000 VS. $385,000
13.6 MONTHS VS. 7.6 MONTHS
$265,000 VS. $275,000
10.4 MONTHS VS. 6.9 MONTHS
$290,000 VS. $310,000
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 21
MAR K E T AN ALYS IS
The Over $1 Million Market COMPARING Q1 2025 VS. Q1 2024
MIAMI-DADE COUNTY
BROWARD COUNTY
PALM BEACH COUNTY
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
INVENTORY
▲
23%
NO. OF HOMES FOR SALE IN THE MLS 2,431 ON MARCH 31, 2025 VS.
1,979 ON MARCH 31, 2024
▲
INVENTORY
TOTAL SALES
▼
2%
CLOSED SINGLE-FAMILY SALES IN THE MLS 592 SALES VS. 603 SALES Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
25%
▲
▲
25%
NO. OF HOMES FOR SALE IN THE MLS
TOTAL SALES
INVENTORY
TOTAL SALES
▲
▲
▲
CLOSED SINGLE-FAMILY SALES IN THE MLS
1,709 ON MARCH 31, 2025
482 SALES VS. 477 SALES
VS.
1,373 ON MARCH 31, 2024
3%
▲
1%
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
23%
▼
0.3%
16%
NO. OF HOMES FOR SALE IN THE MLS 2,364 ON MARCH 31, 2025 VS.
2,045 ON MARCH 31, 2024
▲
2%
CLOSED SINGLE-FAMILY SALES IN THE MLS 800 SALES VS. 784 SALES Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
14%
▼
1.2%
12.3 MONTHS VS. 9.8 MONTHS
$1,775,000 VS. $1,725,000
10.6 MONTHS VS. 8.6 MONTHS
$1,475,000 VS. $1,480,000
8.9 MONTHS VS. 7.8 MONTHS
$1,668,000 VS. $1,688,000
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
22 B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y
MAR K E T AN ALYS IS
The Over $1 Million Market COMPARING Q1 2025 VS. Q1 2024
MIAMI-DADE COUNTY
BROWARD COUNTY
PALM BEACH COUNTY
CONDOMINIUMS
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
TOTAL SALES
32%
▼
▲
NO. OF CONDOS FOR SALE IN THE MLS 3,116 ON MARCH 31, 2025 VS.
2,361 ON MARCH 31, 2024
SUPPLY
▲
40%
5%
CLOSED CONDO SALES IN THE MLS 416 SALES VS. 439 SALES
INVENTORY
TOTAL SALES
22%
▲
▲
NO. OF CONDOS FOR SALE IN THE MLS
3%
117 SALES VS. 114 SALES
VS.
TOTAL SALES
26%
▲
▲
CLOSED CONDOS SALES IN THE MLS
760 ON MARCH 31, 2025
INVENTORY
NO. OF CONDOS FOR SALE IN THE MLS
3%
CLOSED CONDOS SALES IN THE MLS
1,208 ON MARCH 31, 2025
254 SALES VS. 247 SALES
VS.
Q1 2025 VS. Q1 2024
624 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
958 ON MARCH 31, 2024
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
19%
▼
23%
▼
▲
2%
▲
2.3%
▲
Q1 2025 VS. Q1 2024
6.7%
22.5 MONTHS VS. 16.1 MONTHS
$1,817,000 VS. $1,777,000
19.5 MONTHS VS. 16.4 MONTHS
$1,450,000 VS. $1,484,000
14.3 MONTHS VS. 11.6 MONTHS
$1,680,000 VS. $1,800,000
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 23
Berkshire Hathaway HomeServices EWM Realty has sold multiple units in this exciting new residential condo/hotel tower. With 360 condominiums rising to 100 stories, it will be the tallest residential building south of New York City.
330 BISCAYNE BLVD, MIAMI
24 B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y
Market Data By Price Segment M I A M I - D A D E , B R O W A R D & PA L M B E A C H E S C O U N T I E S
MAR K E T AN ALYS IS
The Under $500,000 Market COMPARING Q1 2025 VS. Q1 2024
MIAMI-DADE COUNTY
BROWARD COUNTY
PALM BEACH COUNTY
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
INVENTORY
▲
48%
NO. OF HOMES FOR SALE IN THE MLS 501 ON MARCH 31, 2025 VS.
INVENTORY
TOTAL SALES
▼
26%
CLOSED SINGLE-FAMILY SALES IN THE MLS 431 SALES VS. 580 SALES
▲
57%
NO. OF HOMES FOR SALE IN THE MLS 1,024 ON MARCH 31, 2025 VS.
TOTAL SALES
INVENTORY
TOTAL SALES
▼
▲
▼
12%
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
729 SALES VS. 831 SALES
885 ON MARCH 31, 2025 VS.
645 SALES VS. 662 SALES
Q1 2025 VS. Q1 2024
518 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
Q1 2025 VS. Q1 2024
653 ON MARCH 31, 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
76%
▲
97%
▼
1%
▲
3%
CLOSED SINGLE-FAMILY SALES IN THE MLS
339 ON MARCH 31, 2024
▲
71%
1.2%
▲
77%
▼
1%
3.5 MONTHS VS. 1.8 MONTHS
$430,000 VS. $435,000
4.2 MONTHS VS. 2.4 MONTHS
$415,000 VS. $410,000
4.1 MONTHS VS. 2.3 MONTHS
$410,000 VS. $414,000
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
26 B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y
MAR K E T AN ALYS IS
The Under $500,000 Market COMPARING Q1 2025 VS. Q1 2024
MIAMI-DADE COUNTY
BROWARD COUNTY
PALM BEACH COUNTY
CONDOMINIUMS
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
▲
56%
NO. OF CONDOS FOR SALE IN THE MLS 6,878 ON MARCH 31, 2025 VS.
4,420 ON MARCH 31, 2024
SUPPLY
▲
85%
TOTAL SALES
▼
16%
CLOSED CONDO SALES IN THE MLS 1,558 SALES VS. 1,855 SALES
INVENTORY
▲
52%
NO. OF CONDOS FOR SALE IN THE MLS 9,969 ON MARCH 31, 2025 VS.
TOTAL SALES
▼
18%
CLOSED CONDOS SALES IN THE MLS 2,236 SALES VS. 2,717 SALES
INVENTORY
▲
36%
NO. OF CONDOS FOR SALE IN THE MLS 6,700 ON MARCH 31, 2025 VS.
Q1 2025 VS. Q1 2024
6,542 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
4,944 ON MARCH 31, 2024
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
86%
▼
0%
▲
6%
▲
50%
TOTAL SALES
▼
10%
CLOSED CONDOS SALES IN THE MLS 1,965 SALES VS. 2,190 SALES Q1 2025 VS. Q1 2024
MEDIAN PRICE
▼
7%
13.2 MONTHS VS. 7.1 MONTHS
$320,000 VS. $320,000
13.4 MONTHS VS. 7.2 MONTHS
$235,000 VS. $250,000
10.2 MONTHS VS. 6.8 MONTHS
$255,000 VS. $275,000
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 27
MAR K E T AN ALYS IS
The $500,000 - $999,000 Market COMPARING Q1 2025 VS. Q1 2024
MIAMI-DADE COUNTY
BROWARD COUNTY
PALM BEACH COUNTY
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
INVENTORY
▲
55%
NO. OF HOMES FOR SALE IN THE MLS 2,631 ON MARCH 31, 2025 VS.
1,700 ON MARCH 31, 2024
SUPPLY
▲
64%
INVENTORY
TOTAL SALES
▼
6%
CLOSED SINGLE-FAMILY SALES IN THE MLS 1,334 SALES VS. 1,412 SALES Q1 2025 VS. Q1 2024
▲
NO. OF HOMES FOR SALE IN THE MLS 2,727 ON MARCH 31, 2025 VS.
▲
2%
CLOSED SINGLE-FAMILY SALES IN THE MLS 1,418 SALES VS. 1,393 SALES
INVENTORY
▲
30%
NO. OF HOMES FOR SALE IN THE MLS 2,356 ON MARCH 31, 2025 VS.
TOTAL SALES
▼
0.2%
CLOSED SINGLE-FAMILY SALES IN THE MLS 1,347 SALES VS. 1,350 SALES
1,785 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
1,814 ON MARCH 31, 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
30%
▲
MEDIAN PRICE
▲
53%
TOTAL SALES
2%
▲
52%
▲
2%
▲
Q1 2025 VS. Q1 2024
0.5%
5.9 MONTHS VS. 3.6 MONTHS
$650,000 VS. $640,000
5.8 MONTHS VS. 3.8 MONTHS
$660,000 VS. $650,000
5.2 MONTHS VS. 4 MONTHS
$653,000 VS. $650,000
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
28 B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y
MAR K E T AN ALYS IS
The $500,000 - $999,000 Market COMPARING Q1 2025 VS. Q1 2024
MIAMI-DADE COUNTY
BROWARD COUNTY
PALM BEACH COUNTY
CONDOMINIUMS
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
▲
37%
NO. OF CONDOS FOR SALE IN THE MLS 3,651 ON MARCH 31, 2025 VS.
2,670 ON MARCH 31, 2024
SUPPLY
▲
61%
TOTAL SALES
▼
15%
CLOSED CONDO SALES IN THE MLS 626 SALES VS. 737 SALES
INVENTORY
▲
29%
NO. OF CONDOS FOR SALE IN THE MLS
TOTAL SALES
▼
15%
CLOSED CONDOS SALES IN THE MLS
1,737 ON MARCH 31, 2025
342 SALES VS. 404 SALES
VS.
INVENTORY
▲
33%
NO. OF CONDOS FOR SALE IN THE MLS 1,503 ON MARCH 31, 2025 VS.
Q1 2025 VS. Q1 2024
1,349 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
1,130 ON MARCH 31, 2024
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
52%
▲
▼
2%
▲
0.3%
50%
TOTAL SALES
▼
11%
CLOSED CONDOS SALES IN THE MLS 396 SALES VS. 446 SALES Q1 2025 VS. Q1 2024
MEDIAN PRICE
▲
▼
2%
17.5 MONTHS VS. 10.9 MONTHS
$633,000 VS. $645,000
15.2 MONTHS VS. 10 MONTHS
$610,000 VS. $608,000
11.4 MONTHS VS. 7.6 MONTHS
$630,000 VS. $620,000
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 29
MAR K E T AN ALYS IS
The $1 Million - $1.999 Million Market COMPARING Q1 2025 VS. Q1 2024
MIAMI-DADE COUNTY
BROWARD COUNTY
PALM BEACH COUNTY
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
INVENTORY
▲
27%
NO. OF HOMES FOR SALE IN THE MLS 1,052 ON MARCH 31, 2025 VS.
830 ON MARCH 31, 2024
▲
INVENTORY
TOTAL SALES
▼
4%
CLOSED SINGLE-FAMILY SALES IN THE MLS 334 SALES VS. 346 SALES Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
31%
▼
▲
23%
NO. OF HOMES FOR SALE IN THE MLS 935 ON MARCH 31, 2025 VS.
TOTAL SALES
▼
0.6%
CLOSED SINGLE-FAMILY SALES IN THE MLS 338 SALES VS. 340 SALES
INVENTORY
TOTAL SALES
▲
▼
15%
NO. OF HOMES FOR SALE IN THE MLS 1,027 ON MARCH 31, 2025 VS.
3%
CLOSED SINGLE-FAMILY SALES IN THE MLS 465 SALES VS. 477 SALES
762 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
895 ON MARCH 31, 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
24%
▼
18%
▼
0.1%
▲
2%
▲
Q1 2025 VS. Q1 2024
3%
9.4 MONTHS VS. 7.2 MONTHS
$1,319,000 VS. $1,320,000
8.3 MONTHS VS. 6.7 MONTHS
$1,277,000 VS. $1,300,000
6.6 MONTHS VS. 5.6 MONTHS
$1,300,000 VS. $1,335,000
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
30 B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y
MAR K E T AN ALYS IS
The $1 Million - $1.999 Million Market COMPARING Q1 2025 VS. Q1 2024
MIAMI-DADE COUNTY
BROWARD COUNTY
PALM BEACH COUNTY
CONDOMINIUMS
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
TOTAL SALES
INVENTORY
TOTAL SALES
▲
▼
▲
▲
41%
NO. OF HOMES FOR SALE IN THE MLS 1,618 ON MARCH 31, 2025 VS.
1,149 ON MARCH 31, 2024
SUPPLY
▲
56%
9%
CLOSED SINGLE-FAMILY SALES IN THE MLS 231 SALES VS. 255 SALES Q1 2025 VS. Q1 2024
MEDIAN PRICE
▼
1%
19%
NO. OF HOMES FOR SALE IN THE MLS
8%
INVENTORY
▲
CLOSED SINGLE-FAMILY SALES IN THE MLS
442 ON MARCH 31, 2025
88 SALES VS. 78 SALES
VS.
23%
NO. OF HOMES FOR SALE IN THE MLS 573 ON MARCH 31, 2025 VS.
371 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
466 ON MARCH 31, 2024
SUPPLY
MEDIAN PRICE
SUPPLY
6%
▼
▲
0.7%
▲
22%
TOTAL SALES
▲
0.7%
CLOSED SINGLE-FAMILY SALES IN THE MLS 150 SALES VS. 149 SALES Q1 2025 VS. Q1 2024
MEDIAN PRICE
▼
2%
21 MONTHS VS. 13.5 MONTHS
$1,335,000 VS. $1,350,000
15.1 MONTHS VS. 14.3 MONTHS
$1,251,000 VS. $1,260,000
11.5 MONTHS VS. 9.4 MONTHS
$1,350,000 VS. $1,375,000
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 31
MAR K E T AN ALYS IS
The $2 Million - $2.999 Million Market COMPARING Q1 2025 VS. Q1 2024
MIAMI-DADE COUNTY
BROWARD COUNTY
PALM BEACH COUNTY
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
INVENTORY
▲
26%
NO. OF HOMES FOR SALE IN THE MLS 442 ON MARCH 31, 2025 VS.
TOTAL SALES
INVENTORY
TOTAL SALES
INVENTORY
TOTAL SALES
▼
▲
▼
▲
▲
6%
CLOSED SINGLE-FAMILY SALES IN THE MLS 103 SALES VS. 109 SALES
31%
NO. OF HOMES FOR SALE IN THE MLS 290 ON MARCH 31, 2025 VS.
7%
CLOSED SINGLE-FAMILY SALES IN THE MLS 68 SALES VS. 73 SALES
8%
NO. OF HOMES FOR SALE IN THE MLS 395 ON MARCH 31, 2025 VS.
351 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
222 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
365 ON MARCH 31, 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
33%
0%
▲
▲
41%
▲
2%
▲
4%
4%
CLOSED SINGLE-FAMILY SALES IN THE MLS 146 SALES VS. 141 SALES Q1 2025 VS. Q1 2024
MEDIAN PRICE
▼
2%
12.9 MONTHS VS. 9.7 MONTHS
$2,350,000 VS. $2,350,000
12.8 MONTHS VS. 9.1 MONTHS
$2,443,000 VS. $2,400,000
8.1 MONTHS VS. 7.8 MONTHS
$2,400,000 VS. $2,450,000
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
32 B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y
MAR K E T AN ALYS IS
The $2 Million - $2.999 Million Market COMPARING Q1 2025 VS. Q1 2024
MIAMI-DADE COUNTY
BROWARD COUNTY
PALM BEACH COUNTY
CONDOMINIUMS
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
▲
25%
NO. OF CONDOS FOR SALE IN THE MLS 493 ON MARCH 31, 2025 VS.
TOTAL SALES
▼
9%
CLOSED CONDO SALES IN THE MLS 81 SALES VS. 89 SALES
INVENTORY
▲
43%
NO. OF CONDOS FOR SALE IN THE MLS 173 ON MARCH 31, 2025 VS.
TOTAL SALES
▼
19%
CLOSED CONDOS SALES IN THE MLS 22 SALES VS. 27 SALES
INVENTORY
▲
43%
NO. OF CONDOS FOR SALE IN THE MLS 267 ON MARCH 31, 2025 VS.
TOTAL SALES
▼
14%
CLOSED CONDOS SALES IN THE MLS 43 SALES VS. 50 SALES
393 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
121 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
187 ON MARCH 31, 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
76%
▲
66%
▲
▲
39%
▲
2%
▲
4%
▲
Q1 2025 VS. Q1 2024
6%
18.3 MONTHS VS. 13.2 MONTHS
$2,450,000 VS. $2,400,000
23.6 MONTHS VS. 13.4 MONTHS
$2,375,000 VS. $2,295,000
18.6 MONTHS VS. 11.2 MONTHS
$2,500,000 VS. $2,355,000
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 33
MAR K E T AN ALYS IS
The $3 Million - $4.999 Million Market COMPARING Q1 2025 VS. Q1 2024
MIAMI-DADE COUNTY
BROWARD COUNTY
PALM BEACH COUNTY
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
INVENTORY
▲
26%
NO. OF HOMES FOR SALE IN THE MLS 383 ON MARCH 31, 2025 VS.
INVENTORY
TOTAL SALES
▼
10%
CLOSED SINGLE-FAMILY SALES IN THE MLS 70 SALES VS. 78 SALES
▲
22%
NO. OF HOMES FOR SALE IN THE MLS 220 ON MARCH 31, 2025 VS.
TOTAL SALES
▲
35%
CLOSED SINGLE-FAMILY SALES IN THE MLS 50 SALES VS. 37 SALES
INVENTORY
▲
24%
NO. OF HOMES FOR SALE IN THE MLS 373ON MARCH 31, 2025 VS.
303 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
181 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
301 ON MARCH 31, 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
▲
40%
▲
2%
▼
10%
▲
2%
▲
12%
TOTAL SALES
▲
10%
CLOSED SINGLE-FAMILY SALES IN THE MLS 88 SALES VS. 80 SALES Q1 2025 VS. Q1 2024
MEDIAN PRICE
▼
7%
16.4 MONTHS VS. 11.7 MONTHS
$3,650,000 VS. $3,575,000
13.2 MONTHS VS. 14.7 MONTHS
$3,725,000 VS. $3,650,000
12.7 MONTHS VS. 11.3 MONTHS
$3,538,000 VS. $3,798,000
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
34 B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y
MAR K E T AN ALYS IS
The $3 Million - $4.999 Million Market COMPARING Q1 2025 VS. Q1 2024
MIAMI-DADE COUNTY
BROWARD COUNTY
PALM BEACH COUNTY
CONDOMINIUMS
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
TOTAL SALES
INVENTORY
TOTAL SALES
▲
▲
▲
▼
31%
NO. OF CONDOS FOR SALE IN THE MLS 491 ON MARCH 31, 2025 VS.
4%
CLOSED CONDO SALES IN THE MLS 54 SALES VS. 52 SALES
8%
NO. OF CONDOS FOR SALE IN THE MLS 99 ON MARCH 31, 2025 VS.
14%
CLOSED CONDOS SALES IN THE MLS 6 SALES VS. 7 SALES
INVENTORY
▲
47%
NO. OF CONDOS FOR SALE IN THE MLS 238 ON MARCH 31, 2025 VS.
TOTAL SALES
▼
8%
CLOSED CONDOS SALES IN THE MLS 37 SALES VS. 40 SALES
376 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
92 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
162 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
26%
▲
26%
▲
59%
▼
▲
4%
▲
4%
▲
4%
27.3 MONTHS VS. 21.7 MONTHS
$3,800,000 VS. $3,643,000
49.5 MONTHS VS. 39.4 MONTHS
$3,375,000 VS. $3,250,000
19.3 MONTHS VS. 12.2 MONTHS
$3,400,000 VS. $3,535,000
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 35
MAR K E T AN ALYS IS
The $5 Million - $9.999 Million Market COMPARING Q1 2025 VS. Q1 2024
MIAMI-DADE COUNTY
BROWARD COUNTY
PALM BEACH COUNTY
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
INVENTORY
▲
25%
NO. OF HOMES FOR SALE IN THE MLS 318 ON MARCH 31, 2025 VS.
INVENTORY
TOTAL SALES
▼
10%
CLOSED SINGLE-FAMILY SALES IN THE MLS 47 SALES VS. 52 SALES
▲
35%
NO. OF HOMES FOR SALE IN THE MLS 178 ON MARCH 31, 2025 VS.
TOTAL SALES
INVENTORY
TOTAL SALES
▼
▲
▲
10%
CLOSED SINGLE-FAMILY SALES IN THE MLS 19 SALES VS. 21 SALES
11%
NO. OF HOMES FOR SALE IN THE MLS 293 ON MARCH 31, 2025 VS.
27%
CLOSED SINGLE-FAMILY SALES IN THE MLS 61 SALES VS. 48 SALES
255 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
132 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
263 ON MARCH 31, 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
38%
▼
49%
▲
12%
▲
▲
4%
▲
6%
▼
Q1 2025 VS. Q1 2024
13%
20.3 MONTHS VS. 14.7 MONTHS
$6,250,000 VS. $6,500,000
28.1 MONTHS VS. 18.9 MONTHS
$6,150,000 VS. $5,800,000
14.4 MONTHS VS. 16.4 MONTHS
$6,500,000 VS. $5,778,000
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
36 B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y
MAR K E T AN ALYS IS
The $5 Million - $9.999 Million Market COMPARING Q1 2025 VS. Q1 2024
MIAMI-DADE COUNTY
BROWARD COUNTY
PALM BEACH COUNTY
CONDOMINIUMS
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
TOTAL SALES
INVENTORY
TOTAL SALES
INVENTORY
▲
▲
▲
▼
▼
12%
NO. OF CONDOS FOR SALE IN THE MLS 342 ON MARCH 31, 2025 VS.
16%
CLOSED CONDO SALES IN THE MLS 37 SALES VS. 32 SALES
16%
NO. OF CONDOS FOR SALE IN THE MLS 37 ON MARCH 31, 2025 VS.
50%
CLOSED CONDOS SALES IN THE MLS 1 SALES VS. 2 SALES
5%
NO. OF CONDOS FOR SALE IN THE MLS 98 ON MARCH 31, 2025 VS.
TOTAL SALES
▲
157%
CLOSED CONDOS SALES IN THE MLS 18 SALES VS. 7 SALES
306 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
32 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
103 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
4%
▼
63%
▲
▼
10%
▲
131%
▼
5%
▼
17%
27.7 MONTHS VS. 28.7 MONTHS
$6,100,000 VS. $6,800,000
111 MONTHS VS. 48 MONTHS
$5,750,000 VS. $6,075,000
16.3 MONTHS VS. 44.1 MONTHS
$6995,000 VS. $6,000,000
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 37
MAR K E T AN ALYS IS
The $10 Million and Higher Market COMPARING Q1 2025 VS. Q1 2024
MIAMI-DADE COUNTY
BROWARD COUNTY
PALM BEACH COUNTY
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
INVENTORY
TOTAL SALES
INVENTORY
TOTAL SALES
▼
▲
▲
▲
2%
NO. OF HOMES FOR SALE IN THE MLS 236 ON MARCH 31, 2025 VS.
240 ON MARCH 31, 2024
SUPPLY
▼
54%
111%
CLOSED SINGLE-FAMILY SALES IN THE MLS
13%
NO. OF HOMES FOR SALE IN THE MLS
38 SALES VS. 18 SALES
86 ON MARCH 31, 2025 VS.
17%
CLOSED SINGLE-FAMILY SALES IN THE MLS 7 SALES VS. 6 SALES
INVENTORY
▲
25%
NO. OF HOMES FOR SALE IN THE MLS 276 ON MARCH 31, 2025 VS.
TOTAL SALES
▲
5%
CLOSED SINGLE-FAMILY SALES IN THE MLS 40 SALES VS. 38 SALES
Q1 2025 VS. Q1 2024
76 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
221 ON MARCH 31, 2024
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
3%
▼
19%
▲
▲
1%
▼
21%
▲
Q1 2025 VS. Q1 2024
3%
18.6 MONTHS VS. 40 MONTHS
$14,410,000 VS. $14,250,000
36.9 MONTHS VS. 38 MONTHS
$14,850,000 VS. $12,325,000
20.7 MONTHS VS. 17.4 MONTHS
$14,375,000 VS. $14,000,000
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
38 B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y
MAR K E T AN ALYS IS
The $10 Million and Higher Market COMPARING Q1 2025 VS. Q1 2024
MIAMI-DADE COUNTY
BROWARD COUNTY
PALM BEACH COUNTY
CONDOMINIUMS
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
▲
26%
NO. OF CONDOS FOR SALE IN THE MLS 172 ON MARCH 31, 2025 VS.
137 ON MARCH 31, 2024
▲
TOTAL SALES
INVENTORY
▲
▲
18%
CLOSED CONDO SALES IN THE MLS 13 SALES VS. 11 SALES Q1 2025 VS. Q1 2024
13%
NO. OF CONDOS FOR SALE IN THE MLS 9 ON MARCH 31, 2025 VS.
TOTAL SALES
0%
CLOSED CONDOS SALES IN THE MLS 0 SALES VS. 0 SALES
INVENTORY
▼
20%
NO. OF CONDOS FOR SALE IN THE MLS 32 ON MARCH 31, 2025 VS.
TOTAL SALES
▲
500%
CLOSED CONDOS SALES IN THE MLS 6 SALES VS. 1 SALES
8 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
40 ON MARCH 31, 2024
SUPPLY
MEDIAN PRICE
87%
▲
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
6%
▼
5%
N/A
N/A
39.7 MONTHS VS. 37.4 MONTHS
$13,500,000 VS. $14,250,000
0 MONTHS VS. 0 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
▲
Q1 2025 VS. Q1 2024
13%
0 VS.0
16 MONTHS VS. 120 MONTHS
$13,500,000 VS. $11,930,000
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 39
Market Data By City
AVENTURA
MAR K E T AN ALYS IS
The Aventura Market COMPARING Q1 2025 VS. Q1 2024
UNDER $2 MILLION
OVER $2 MILLION
UNDER $2 MILLION
OVER $2 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
▼
30%
TOTAL SALES
N/A
INVENTORY
0%
TOTAL SALES
N/A
INVENTORY
▲
38%
TOTAL SALES
INVENTORY
TOTAL SALES
▼
▲
▲
27%
17%
11%
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDO SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDOS SALES IN THE MLS
7 ON MARCH 31, 2025
0 SALES VS. 8 SALES
9 ON MARCH 31, 2025
0 SALES VS. 2 SALES
1,217 ON MARCH 31, 2025
10 SALES VS. 9 SALES
10 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
9 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
VS.
158 SALES VS. 215 SALES
89 ON MARCH 31, 2025
VS.
883 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
76 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
101%
N/A
N/A
N/A
88%
▼
6%
▼
▼
0 MONTHS VS. 3.8 MONTHS
Q1 2025 VS. Q1 2024
VS.
$0 VS. $1,450,000
0 MONTHS VS. 13.5 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
$0 VS. $2,338,000 Q1 2025 VS. Q1 2024
▲
14%
VS.
▲
23.1 MONTHS VS. 12.3 MONTHS
$430,000 VS. $500,000
26.7 MONTHS VS. 25.3 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
13%
$2,560,000 VS. $2,950,000 Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 43
BAL HARBOUR
MAR K E T AN ALYS IS
The Bal Harbour Market COMPARING Q1 2025 VS. Q1 2024
UNDER $2 MILLION
OVER $2 MILLION
UNDER $2 MILLION
OVER $2 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
INVENTORY
TOTAL SALES
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
0 SALES VS. 0 SALES
12 ON MARCH 31, 2025
VS.
0 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
N/A
N/A
0 ON MARCH 31, 2025
0 MONTHS VS. 0 MONTHS Q1 2025 VS. Q1 2024
N/A
▲
50%
TOTAL SALES
INVENTORY
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
1 SALES VS. 0 SALES
61 ON MARCH 31, 2025
N/A
▲
17%
TOTAL SALES
▲
11%
INVENTORY
▼
3%
CLOSED CONDO SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS 78 ON MARCH 31, 2025
TOTAL SALES
▼
8%
CLOSED CONDOS SALES IN THE MLS 11 SALES VS. 12 SALES
VS.
10 SALES VS. 9 SALES
8 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
52 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
80 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
N/A
N/A
N/A
6%
▲
7%
▲
$0 VS. $0
Q1 2025 VS. Q1 2024
VS.
36 MONTHS VS. 0 MONTHS Q1 2025 VS. Q1 2024
$69,500,000 VS. $0 Q1 2025 VS. Q1 2024
▲
64%
VS.
▲
18.3 MONTHS VS. 17.3 MONTHS
$1,025,000 VS. $627,000
21.3 MONTHS VS. 20 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
3%
$3,650,000 VS. $3,550,000 Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 45
BOCA RATON
MAR K E T AN ALYS IS
The Boca Raton Market COMPARING Q1 2025 VS. Q1 2024
UNDER $1 MILLION
OVER $1 MILLION
UNDER $1 MILLION
OVER $1 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
▲
29%
TOTAL SALES
INVENTORY
▼
▲
7%
5%
TOTAL SALES
▲
0.5%
INVENTORY
TOTAL SALES
INVENTORY
TOTAL SALES
▲
▼
▲
▼
27%
11%
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDO SALES IN THE MLS
295 ON MARCH 31, 2025
219 SALES VS. 235 SALES
451 ON MARCH 31, 2025
215 SALES VS. 214 SALES
1,330 ON MARCH 31, 2025
VS.
430 SALES VS. 483 SALES
228 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
431 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
VS.
1,047 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
38%
▲
▲
0.3%
VS.
▲
5%
4 MONTHS VS. 2.9 MONTHS
$700,000 VS. $698,000
6.3 MONTHS VS. 6 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
▲
1%
$1,800,000 VS. $1,775,000 Q1 2025 VS. Q1 2024
43%
5%
18%
NO. OF CONDOS FOR SALE IN THE MLS 241 ON MARCH 31, 2025 VS.
57 SALES VS. 68 SALES
204 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
41%
▼
▲
9.3 MONTHS VS. 6.5 MONTHS
$323,000 VS. $339,000
12.7 MONTHS VS. 9 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
▲
16%
CLOSED CONDOS SALES IN THE MLS
▼
2%
$1,660,000 VS. $1,695,000 Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 47
BRICKELL
MAR K E T AN ALYS IS
The Brickell Market COMPARING Q1 2025 VS. Q1 2024 (Zip Codes 33129, 33130, 33131)
UNDER $1 MILLION
OVER $1 MILLION
UNDER $1 MILLION
OVER $1 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
▲
25%
NO. OF HOMES FOR SALE IN THE MLS
TOTAL SALES
0%
INVENTORY
▼
26%
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
TOTAL SALES
▲
150%
INVENTORY
▲
44%
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
TOTAL SALES
▼
20%
CLOSED CONDO SALES IN THE MLS
INVENTORY
▲
46%
NO. OF CONDOS FOR SALE IN THE MLS
TOTAL SALES
▲
10%
CLOSED CONDOS SALES IN THE MLS
3 SALES VS. 3 SALES
26 ON MARCH 31, 2025
10 SALES VS. 4 SALES
1,060 ON MARCH 31, 2025
Q1 2025 VS. Q1 2024
35 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
VS.
181 SALES VS. 225 SALES
501 ON MARCH 31, 2025
VS.
4 ON MARCH 31, 2024
735 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
343 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
25%
▼
71%
▲
80%
▼
33%
▲
5 ON MARCH 31, 2025
▲
30%
VS.
▲
5 MONTHS VS. 4 MONTHS
$665,000 VS. $955,000
7.8 MONTHS VS. 26.3 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
4%
$1,750,000 VS. $1,678,000 Q1 2025 VS. Q1 2024
▲
5%
VS.
▲
17.6 MONTHS VS. 9.8 MONTHS
$570,000 VS. $600,000
26.4 MONTHS VS. 19.8 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
57 SALES VS. 52 SALES
1.3%
$1,470,000 VS. $1,451,000 Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 49
COCONUT GROVE
MAR K E T AN ALYS IS
The Coconut Grove Market COMPARING Q1 2025 VS. Q1 2024 (Zip Code 33133)
UNDER $2 MILLION
OVER $2 MILLION
UNDER $2 MILLION
OVER $2 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
▼
20%
INVENTORY
TOTAL SALES
▲
200%
▲
108%
TOTAL SALES
N/A
INVENTORY
▲
77%
INVENTORY
TOTAL SALES
▲
50%
200%
▲
TOTAL SALES
▲
50%
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDO SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDOS SALES IN THE MLS
4 ON MARCH 31, 2025
6 SALES VS. 2 SALES
25 ON MARCH 31, 2025
9 SALES VS. 6 SALES
27 ON MARCH 31, 2025
VS.
6 SALES VS. 6 SALES
23 ON MARCH 31, 2025
VS.
3 SALES VS. 2 SALES
5 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
12 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
13 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
VS.
9 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
73%
▼
19%
▼
▼
38%
▲
108%
2 MONTHS VS. 7.5 MONTHS
$1,425,000 VS. $1,030,000
12.5 MONTHS VS. 6 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
▲
11%
$3,338,000 VS. $3,020,000 Q1 2025 VS. Q1 2024
VS.
▲
11%
▲
100%
7.7 MONTHS VS. 6.5 MONTHS
$1,050,000 VS. $1,180,000
27 MONTHS VS. 13.5 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
▼
8%
$2,260,000 VS. $2,450,000 Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 51
COOPER CITY
MAR K E T AN ALYS IS
The Cooper City Market COMPARING Q1 2025 VS. Q1 2024
UNDER $1 MILLION
OVER $1 MILLION
UNDER $1 MILLION
OVER $1 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
TOTAL SALES
INVENTORY
TOTAL SALES
▲
▲
▼
▲
62%
2%
15%
80%
▲
INVENTORY
TOTAL SALES
INVENTORY
TOTAL SALES
222%
N/A
N/A
N/A
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDO SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDOS SALES IN THE MLS
63 ON MARCH 31, 2025
54 SALES VS. 53 SALES
23 ON MARCH 31, 2025
18 SALES VS. 10 SALES
29 ON MARCH 31, 2025
0 SALES VS. 0 SALES
39 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
27 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
VS.
18 SALES VS. 18 SALES
0 ON MARCH 31, 2025
VS.
9 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
0 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
59%
▲
53%
▲
▲
10%
VS.
▼
3.5 MONTHS VS. 2.2 MONTHS
$695,000 VS. $630,000
3.8 MONTHS VS. 8.1 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
7%
$1,270,000 VS. $1,193,000 Q1 2025 VS. Q1 2024
220%
4%
VS.
4.8 MONTHS VS. 1.5 MONTHS
$470,000 VS. $452,000
0 MONTHS VS. 0 MONTHS
N/A
N/A
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
▲
▲
$0 VS. $0
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 53
CORAL GABLES
MAR K E T AN ALYS IS
The Coral Gables Market COMPARING Q1 2025 VS. Q1 2024
UNDER $2 MILLION
OVER $2 MILLION
UNDER $2 MILLION
OVER $2 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
▲
30%
NO. OF HOMES FOR SALE IN THE MLS
TOTAL SALES
▼
40%
INVENTORY
▲
8%
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
TOTAL SALES
▲
55%
INVENTORY
▲
23%
TOTAL SALES
▲
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
44%
INVENTORY
▲
5%
CLOSED CONDO SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
TOTAL SALES
▲
233%
CLOSED CONDOS SALES IN THE MLS
30 SALES VS. 50 SALES
142 ON MARCH 31, 2025
48 SALES VS. 31 SALES
135 ON MARCH 31, 2025
Q1 2025 VS. Q1 2024
131 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
VS.
65 SALES VS. 45 SALES
22 ON MARCH 31, 2025
VS.
44 ON MARCH 31, 2024
110 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
21 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
30%
▲
15%
▼
69%
▼
57 ON MARCH 31, 2025
▲
117%
▲
8%
VS.
▼
5.7 MONTHS VS. 2.6 MONTHS
$1,500,000 VS. $1,388,000
8.9 MONTHS VS. 12.7 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
18%
$3,682,000 VS. $3,125,000 Q1 2025 VS. Q1 2024
▼
6%
VS.
▼
6.2 MONTHS VS. 7.3 MONTHS
$563,000 VS. $600,000
6.6 MONTHS VS. 21 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
10 SALES VS. 3 SALES
10%
$2,575,000 VS. $2,850,000
Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 55
CUTLER BAY
MAR K E T AN ALYS IS
The Cutler Bay Market COMPARING Q1 2025 VS. Q1 2024
UNDER $1 MILLION
OVER $1 MILLION
UNDER $1 MILLION
OVER $1 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
TOTAL SALES
▲
▲
63%
4%
INVENTORY
▲
24%
TOTAL SALES
▼
40%
INVENTORY
▲
100%
TOTAL SALES
▲
25%
INVENTORY
TOTAL SALES
CLOSED CONDOS SALES IN THE MLS
N/A
N/A
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDO SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
122 ON MARCH 31, 2025
80 SALES VS. 77 SALES
26 ON MARCH 31, 2025
3 SALES VS. 5 SALES
66 ON MARCH 31, 2025
75 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
21 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
VS.
30 SALES VS. 24 SALES
0 ON MARCH 31, 2025
VS.
33 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
0 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
58%
▲
61%
▼
▲
1.7 %
VS.
▲
106%
4.6 MONTHS VS. 2.9 MONTHS
$610,000 VS. $600,000
26 MONTHS VS. 12.6 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
▼
10%
$1,100,000 VS. $1,220,000 Q1 2025 VS. Q1 2024
10%
VS.
0 SALES VS. 0 SALES
6.6 MONTHS VS. 4.1 MONTHS
$348,000 VS. $388,000
0 MONTHS VS. 0 MONTHS
N/A
N/A
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
▲
$0 VS. $0
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 57
DAVIE
MAR K E T AN ALYS IS
The Davie Market COMPARING Q1 2025 VS. Q1 2024
UNDER $1 MILLION
OVER $1 MILLION
UNDER $1 MILLION
OVER $1 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
INVENTORY
TOTAL SALES
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
▲
117%
▲
15%
▲
49%
TOTAL SALES
▲
7%
INVENTORY
▲
48%
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
TOTAL SALES
INVENTORY
TOTAL SALES
CLOSED CONDO SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDOS SALES IN THE MLS
0 ON MARCH 31, 2025
▲
4%
N/A
N/A
76 SALES VS. 66 SALES
106 ON MARCH 31, 2025
48 SALES VS. 45 SALES
298 ON MARCH 31, 2025
VS.
104 SALES VS. 100 SALES
Q1 2025 VS. Q1 2024
71 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
VS.
47 ON MARCH 31, 2024
201 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
0 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
89%
▲
40%
▲
43%
▼
102 ON MARCH 31, 2025
▲
3%
VS.
▲
4 MONTHS VS. 2.1 MONTHS
$650,000 VS. $633,000
6.6 MONTHS VS. 4.7 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
10%
$1,600,000 VS. $1,450,000 Q1 2025 VS. Q1 2024
▲
17%
8.6 MONTHS VS. 6 MONTHS
$244,000 VS. $293,000
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
VS.
N/A
0 MONTHS VS. 0 MONTHS
0 SALES VS. 1 SALES
N/A $0 VS. $1,800,000 Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 59
DORAL
MAR K E T AN ALYS IS
The Doral Market COMPARING Q1 2025 VS. Q1 2024
UNDER $1 MILLION
OVER $1 MILLION
UNDER $1 MILLION
OVER $1 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
▲
15%
TOTAL SALES
▼
49%
INVENTORY
▲
44%
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
18 SALES VS. 35 SALES
82 ON MARCH 31, 2025
VS.
26 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
NO. OF HOMES FOR SALE IN THE MLS 30 ON MARCH 31, 2025
▲
126%
▲
3%
TOTAL SALES
▲
53%
INVENTORY
▲
44%
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
26 SALES VS. 17 SALES
402 ON MARCH 31, 2025
TOTAL SALES
INVENTORY
▼
▼
2%
17%
CLOSED CONDO SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS 5 ON MARCH 31, 2025
TOTAL SALES
N/A
CLOSED CONDOS SALES IN THE MLS
VS.
118 SALES VS. 120 SALES
57 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
279 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
6 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
6%
▲
N/A
N/A
VS.
▼
5 MONTHS VS. 2.2 MONTHS
$843,000 VS. $816,000
9.5 MONTHS VS. 10.1 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
5%
$1,423,000 VS. $1,350,000 Q1 2025 VS. Q1 2024
▲
46%
▲
2%
VS.
10.2 MONTHS VS. 7 MONTHS
$512,000 VS. $500,000
0 MONTHS vs.
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
0 SALES VS. 0 SALES
$0 vs. $0
0 MONTHS Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 61
FORT LAUDERDALE
MAR K E T AN ALYS IS
The Fort Lauderdale Market COMPARING Q1 2025 VS. Q1 2024
UNDER $1 MILLION
OVER $1 MILLION
UNDER $1 MILLION
OVER $1 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
▲
42%
TOTAL SALES
▼
10%
INVENTORY
▲
24%
TOTAL SALES
▲
4%
INVENTORY
▲
43%
TOTAL SALES
N/A
INVENTORY
▲
22%
TOTAL SALES
▲
3%
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDO SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
529 ON MARCH 31, 2025
228 SALES VS. 254 SALES
522 ON MARCH 31, 2025
138 SALES VS. 133 SALES
1,625 ON MARCH 31, 2025
372 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
420 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
VS.
366 SALES VS. 366 SALES
436 ON MARCH 31, 2025
VS.
1,139 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
357 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
59%
▲
19%
▲
43%
▼
▲
8%
VS.
▲
7 MONTHS VS. 4.4 MONTHS
$525,000 VS. $487,000
11.3 MONTHS VS. 9.5 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
32%
$2,400,000 VS. $1,825,000 Q1 2025 VS. Q1 2024
▲
11%
VS.
▲
18%
CLOSED CONDOS SALES IN THE MLS 75 SALES VS. 73 SALES
▼
8%
13.3 MONTHS VS. 9.3 MONTHS
$360,000 VS. $405,000
17.4 MONTHS VS. 14.7 MONTHS
$1,450,000 vs.
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
$1,575,000
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 63
GOLDEN BEACH
MAR K E T AN ALYS IS
The Golden Beach Market COMPARING Q1 2025 VS. Q1 2024
UNDER $2 MILLION
OVER $2 MILLION
UNDER $2 MILLION
OVER $2 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
INVENTORY
TOTAL SALES
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
N/A
N/A
▲
24%
TOTAL SALES
INVENTORY
TOTAL SALES
INVENTORY
TOTAL SALES
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDO SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDOS SALES IN THE MLS
0 ON MARCH 31, 2025
▼
50%
N/A
N/A
N/A
N/A
0 SALES VS. 0 SALES
26 ON MARCH 31, 2025
3 SALES VS. 6 SALES
0 ON MARCH 31, 2025
VS.
0 SALES VS. 0 SALES
Q1 2025 VS. Q1 2024
21 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
VS.
0 ON MARCH 31, 2024
0 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
0 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
N/A
N/A
N/A
N/A
N/A
N/A
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
0 ON MARCH 31, 2025
0 MONTHS VS. 0 MONTHS Q1 2025 VS. Q1 2024
$0 VS. $0
Q1 2025 VS. Q1 2024
VS.
▲
148%
26 MONTHS VS. 10.5 MONTHS
Q1 2025 VS. Q1 2024
▼
14%
$6,620,000 VS. $7,675,000 Q1 2025 VS. Q1 2024
0 MONTHS VS. 0 MONTHS
$0 VS. $0
VS.
0 MONTHS VS. 0 MONTHS
0 SALES VS. 0 SALES
$0 VS. $0
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 65
HALLANDALE
MAR K E T AN ALYS IS
The Hallandale Market COMPARING Q1 2025 VS. Q1 2024
UNDER $1 MILLION
OVER $1 MILLION
UNDER $1 MILLION
OVER $1 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
▲
53%
NO. OF HOMES FOR SALE IN THE MLS
INVENTORY
TOTAL SALES
▲
33%
▲
69%
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
TOTAL SALES
▼
25%
INVENTORY
▲
52%
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
TOTAL SALES
▼
19%
INVENTORY
▲
2%
CLOSED CONDO SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
TOTAL SALES
▼
36%
CLOSED CONDOS SALES IN THE MLS
12 SALES VS. 9 SALES
27 ON MARCH 31, 2025
3 SALES VS. 4 SALES
1,056 ON MARCH 31, 2025
Q1 2025 VS. Q1 2024
16 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
VS.
132 SALES VS. 162 SALES
62 ON MARCH 31, 2025
VS.
30 ON MARCH 31, 2024
694 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
61 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
15%
▼
86%
▼
60%
▲
46 ON MARCH 31, 2025
▲
9%
VS.
▲
125%
11.5 MONTHS VS. 10 MONTHS
$448,000 VS. $490,000
27 MONTHS VS. 12 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
▼
40%
$2,600,000 VS. $4,338,000 Q1 2025 VS. Q1 2024
▲
4%
VS.
▲
7 SALES VS. 11 SALES
10%
24 MONTHS VS. 12.9 MONTHS
$261,000 VS. $271,000
26.6 MONTHS VS. 16.6 MONTHS
$1,425,000 vs.
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
$1,300,000
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 67
HOLLYWOOD
MAR K E T AN ALYS IS
The Hollywood Market COMPARING Q1 2025 VS. Q1 2024
UNDER $1 MILLION
OVER $1 MILLION
UNDER $1 MILLION
OVER $1 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
TOTAL SALES
INVENTORY
TOTAL SALES
▲
▼
▲
▼
51%
4%
9%
6%
INVENTORY
▲
36%
TOTAL SALES
▼
22%
INVENTORY
▲
25%
TOTAL SALES
▲
13%
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDO SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
487 ON MARCH 31, 2025
199 SALES VS. 207 SALES
142 ON MARCH 31, 2025
15 SALES VS. 16 SALES
1,167 ON MARCH 31, 2025
323 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
130 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
VS.
203 SALES VS. 259 SALES
101 ON MARCH 31, 2025
VS.
857 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
81 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
56%
▲
16%
▼
74%
▼
11%
▼
▲
0.9%
VS.
▲
7.3 MONTHS VS. 4.7 MONTHS
$545,000 VS. $540,000
28.4 MONTHS VS. 24.4 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
30%
$1,325,000 VS. $1,900,000 Q1 2025 VS. Q1 2024
▲
4%
VS.
▲
CLOSED CONDOS SALES IN THE MLS 9 SALES VS. 8 SALES
34%
17.2 MONTHS VS. 9.9 MONTHS
$307,000 VS. $320,000
33.7 MONTHS VS. 30.4 MONTHS
$1,440,000 vs.
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
$2,185,000
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 69
HOMESTEAD
MAR K E T AN ALYS IS
The Homestead Market COMPARING Q1 2025 VS. Q1 2024
UNDER $500,000
OVER $500,000
UNDER $500,000
OVER $500,000
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
▲
57%
NO. OF HOMES FOR SALE IN THE MLS
TOTAL SALES
▼
28%
INVENTORY
▲
49%
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
TOTAL SALES
INVENTORY
TOTAL SALES
▼
▲
▼
21%
CLOSED SINGLE-FAMILY SALES IN THE MLS
73%
NO. OF CONDOS FOR SALE IN THE MLS
16%
CLOSED CONDO SALES IN THE MLS
INVENTORY
▲
63%
NO. OF CONDOS FOR SALE IN THE MLS
TOTAL SALES
▼
50%
CLOSED CONDOS SALES IN THE MLS
87 SALES VS. 120 SALES
497 ON MARCH 31, 2025
152 SALES VS. 192 SALES
631 ON MARCH 31, 2025
Q1 2025 VS. Q1 2024
334 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
VS.
143 SALES VS. 171 SALES
31 ON MARCH 31, 2025
VS.
84 ON MARCH 31, 2024
364 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
19 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
88%
▼
132 ON MARCH 31, 2025
▲
119%
0%
VS.
▲
4.6 MONTHS VS. 2.1 MONTHS
$450,000 VS. $450,000
9.8 MONTHS VS. 5.2 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
1.7% $600,000 VS. $590,000
Q1 2025 VS. Q1 2024
107%
0.8%
VS.
2 SALES VS. 4 SALES
0.2%
$357,000 VS. $360,000
226%
▼
13.2 MONTHS VS. 6.4 MONTHS
46.5 MONTHS VS. 14.3 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
▲
▼
▲
$513,000 vs. $514,000
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 71
KEY BISCAYNE
MAR K E T AN ALYS IS
The Key Biscayne Market COMPARING Q1 2025 VS. Q1 2024
UNDER $2 MILLION
OVER $2 MILLION
UNDER $2 MILLION
OVER $2 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
N/A
INVENTORY
TOTAL SALES
N/A
▲
38%
TOTAL SALES
INVENTORY
TOTAL SALES
▼
▲
▼
31%
15%
7%
INVENTORY
▲
46%
TOTAL SALES
▲
100%
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDO SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
0 ON MARCH 31, 2025
0 SALES VS. 0 SALES
47 ON MARCH 31, 2025
9 SALES VS. 13 SALES
87 ON MARCH 31, 2025
0 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
34 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
VS.
27 SALES VS. 29 SALES
54 ON MARCH 31, 2025
VS.
76 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
37 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
N/A
N/A
23%
▲
0 MONTHS VS. 0 MONTHS Q1 2025 VS. Q1 2024
VS.
▲
101%
$0 VS. $0
15.7 MONTHS VS. 7.8 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
▲
3%
$3,300,000 VS. $3,200,000
▲
24%
VS.
▼
27%
CLOSED CONDOS SALES IN THE MLS 12 SALES VS. 6 SALES
▼
2%
9.7 MONTHS VS. 7.9 MONTHS
$1,065,000 VS. $860,000
13.5 MONTHS VS. 18.5 MONTHS
$2,638,000 vs.
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
$2,700,000
Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 73
CITY OF MIAMI
MAR K E T AN ALYS IS
The City of Miami Market COMPARING Q1 2025 VS. Q1 2024
UNDER $1 MILLION
OVER $1 MILLION
UNDER $1 MILLION
OVER $1 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
▲
59%
TOTAL SALES
▼
8%
INVENTORY
▲
20%
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
928 SALES VS. 1,009 SALES
867 ON MARCH 31, 2025
VS.
964 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
73%
▲
NO. OF HOMES FOR SALE IN THE MLS 1,533 ON MARCH 31, 2025
▲
8%
TOTAL SALES
▲
2%
INVENTORY
▲
60%
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
228 SALES VS. 223 SALES
4,131 ON MARCH 31, 2025
TOTAL SALES
▼
19%
INVENTORY
▲
36%
CLOSED CONDO SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS 1,069 ON MARCH 31, 2025
TOTAL SALES
▼
4%
CLOSED CONDOS SALES IN THE MLS
VS.
931 SALES VS. 1,146 SALES
720 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
2,589 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
788 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
18%
▲
96%
▲
42%
▼
VS.
▲
5 MONTHS VS. 2.9 MONTHS
$640,000 VS. $610,000
11.4 MONTHS VS. 9.7 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
3%
$1,600,000 VS. $1,550,000 Q1 2025 VS. Q1 2024
▲
5%
VS.
▲
13.3 MONTHS VS. 6.8 MONTHS
$409,000 VS. $390,000
24.9 MONTHS VS. 17.5 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
129 SALES VS. 135 SALES
8%
$1,500,000 vs. $1,633,000 Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 75
MIAMI BEACH
MAR K E T AN ALYS IS
The Miami Beach Market COMPARING Q1 2025 VS. Q1 2024
UNDER $2 MILLION
OVER $2 MILLION
UNDER $2 MILLION
OVER $2 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
TOTAL SALES
INVENTORY
TOTAL SALES
INVENTORY
TOTAL SALES
INVENTORY
▲
▼
▲
▲
▲
▼
▲
7%
20%
8%
8%
41%
22%
18%
TOTAL SALES
0%
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDO SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
32 ON MARCH 31, 2025
12 SALES VS. 15 SALES
251 ON MARCH 31, 2025
44 SALES VS. 37 SALES
1,986 ON MARCH 31, 2025
307 SALES VS. 395 SALES
382 ON MARCH 31, 2025
52 SALES VS.
VS.
Q1 2025 VS. Q1 2024
232 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
VS. 1,406 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
324 ON MARCH 31, 2024
52 SALES Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
33%
▲
9%
▲
82%
▲
18%
▲
30 ON MARCH 31, 2024
▲
22%
VS.
▼
8 MONTHS VS. 6 MONTHS
$1,525,000 VS. $1,250,000
17.1 MONTHS VS. 18.8 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
70%
$7,050,000 VS. $4,150,000 Q1 2025 VS. Q1 2024
▲
11%
▲
19.4 MONTHS VS. 10.7 MONTHS
$445,000 VS. $400,000
22 MONTHS VS. 18.7 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
CLOSED CONDOS SALES IN THE MLS
14%
$3,763,000 vs. $3,311,000
Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 77
MIAMI LAKES
MAR K E T AN ALYS IS
The Miami Lakes Market COMPARING Q1 2025 VS. Q1 2024
UNDER $1 MILLION
OVER $1 MILLION
UNDER $1 MILLION
OVER $1 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
▲
44%
NO. OF HOMES FOR SALE IN THE MLS
INVENTORY
TOTAL SALES
▲
14%
▲
17%
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
TOTAL SALES
▼
46%
INVENTORY
▲
111%
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
TOTAL SALES
INVENTORY
TOTAL SALES
CLOSED CONDO SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDOS SALES IN THE MLS
0 ON MARCH 31, 2025
0%
N/A
N/A
16 SALES VS. 14 SALES
28 ON MARCH 31, 2025
6 SALES VS. 11 SALES
38 ON MARCH 31, 2025
VS.
29 SALES VS. 29 SALES
Q1 2025 VS. Q1 2024
24 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
VS.
16 ON MARCH 31, 2024
18 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
0 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
26%
▲
N/A
N/A
23 ON MARCH 31, 2025
▲
13%
VS.
▲
115%
4.3 MONTHS VS. 3.4 MONTHS
$835,000 VS. $742,000
14 MONTHS VS. 6.5 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
▼
6%
$1,263,000 VS. $1,350,000 Q1 2025 VS. Q1 2024
▲
107%
▼
2%
VS.
3.9 MONTHS VS. 1.9 MONTHS
$480,000 VS. $490,000
0 MONTHS VS. 0 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
0 SALES VS. 0 SALES
$0 vs. $0
Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 79
MIAMI SHORES
MAR K E T AN ALYS IS
The Miami Shores Market COMPARING Q1 2025 VS. Q1 2024
UNDER $1 MILLION
OVER $1 MILLION
UNDER $1 MILLION
OVER $1 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
▲
300%
TOTAL SALES
▲
33%
INVENTORY
▲
20%
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
12 ON MARCH 31, 2025
12 SALES VS. 9 SALES
66 ON MARCH 31, 2025
VS.
3 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
▲
200%
▲
6%
TOTAL SALES
INVENTORY
▲
▼
60%
6%
TOTAL SALES
▲
167%
INVENTORY
TOTAL SALES
0%
N/A
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDO SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDOS SALES IN THE MLS 0 SALES VS. 0 SALES
32 SALES VS. 20 SALES
15ON MARCH 31, 2025
1 ON MARCH 31, 2025
VS.
8 SALES VS. 3 SALES
55 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
16 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
1 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
26%
▲
65%
▲
VS.
▼
3 MONTHS VS. 1 MONTHS
$919,000 VS. $870,000
6.2 MONTHS VS. 8.3 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
17%
$1,550,000 VS. $1,321,000
4%
VS.
5.6 MONTHS VS. 16 MONTHS
$360,000 VS. $345,000
0 MONTHS VS. 0 MONTHS
N/A
N/A
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
▼
$0 vs. $0
Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 81
PALMETTO BAY
MAR K E T AN ALYS IS
The Palmetto Bay Market COMPARING Q1 2025 VS. Q1 2024
UNDER $1 MILLION
OVER $1 MILLION
UNDER $1 MILLION
OVER $1 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
INVENTORY
TOTAL SALES
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
▲
139%
▼
20%
▲
90%
TOTAL SALES
▼
19%
INVENTORY
▲
11%
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
TOTAL SALES
INVENTORY
TOTAL SALES
CLOSED CONDO SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDOS SALES IN THE MLS
5 ON MARCH 31, 2025
▲
67%
N/A
N/A
16 SALES VS. 20 SALES
97 ON MARCH 31, 2025
34 SALES VS. 42 SALES
10 ON MARCH 31, 2025
VS.
10 SALES VS. 6 SALES
Q1 2025 VS. Q1 2024
51 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
VS.
13 ON MARCH 31, 2024
9 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
0 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
N/A
N/A
31 ON MARCH 31, 2025
▲
195%
▼
6%
VS.
▲
137%
▲
6%
▼
33%
▲
2%
VS.
5.8 MONTHS VS. 2 MONTHS
$770,000 VS. $823,000
8.6 MONTHS VS. 3.6 MONTHS
$1,380,000 VS. $1,300,000
3 MONTHS VS. 4.5 MONTHS
$261,000 VS. $255,000
0 MONTHS VS. 0 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
0 SALES VS. 3 SALES
$0 vs.
$1,635,000 Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 83
PINECREST
MAR K E T AN ALYS IS
The Pinecrest Market COMPARING Q1 2025 VS. Q1 2024
UNDER $2 MILLION
OVER $2 MILLION
UNDER $2 MILLION
OVER $2 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
▲
80%
NO. OF HOMES FOR SALE IN THE MLS 18 ON MARCH 31, 2025 VS.
10 ON MARCH 31, 2024
SUPPLY
▲
82%
TOTAL SALES
0%
CLOSED SINGLE-FAMILY SALES IN THE MLS 13 SALES VS. 13 SALES Q1 2025 VS. Q1 2024
INVENTORY
▲
131 ON MARCH 31, 2025 VS.
6%
18%
CLOSED SINGLE-FAMILY SALES IN THE MLS 23 SALES VS. 28 SALES
INVENTORY
▲
189%
NO. OF CONDOS FOR SALE IN THE MLS
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
SUPPLY
66%
▲
▲
$1,650,000 VS. $1,555,000
17.1 MONTHS VS. 10.3 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
18%
$4,000,000 VS. $3,388,000 Q1 2025 VS. Q1 2024
17%
CLOSED CONDO SALES IN THE MLS 5 SALES VS. 6 SALES
VS. 9 ON MARCH 31, 2024
4.2 MONTHS VS. 2.3 MONTHS
TOTAL SALES
▼
26 ON MARCH 31, 2025
96 ON MARCH 31, 2024
MEDIAN PRICE
▲
37%
NO. OF HOMES FOR SALE IN THE MLS
TOTAL SALES
▼
Q1 2025 VS. Q1 2024
MEDIAN PRICE
TOTAL SALES
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDOS SALES IN THE MLS
N/A
1 ON MARCH 31, 2025 VS.
N/A 0 SALES VS. 0 SALES
0 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
N/A
N/A
247%
▲
15.6 MONTHS VS. 4.5 MONTHS
$455,000 VS. $378,000
0 MONTHS VS. 0 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
▲
20%
INVENTORY
$0 VS. $0
Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 85
SOUTH MIAMI
MAR K E T AN ALYS IS
The South Miami Market COMPARING Q1 2025 VS. Q1 2024
UNDER $1 MILLION
OVER $1 MILLION
UNDER $1 MILLION
OVER $1 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
INVENTORY
TOTAL SALES
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
10 ON MARCH 31, 2025
5 SALES VS. 12 SALES
36 ON MARCH 31, 2025
VS.
3 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
▲
▲
233%
693%
58%
▼
▼
16%
▲
64%
TOTAL SALES
INVENTORY
TOTAL SALES
CLOSED SINGLE-FAMILY SALES IN THE MLS 17 SALES VS. 12 SALES
▲
42%
INVENTORY
TOTAL SALES
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDO SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDOS SALES IN THE MLS
24 ON MARCH 31, 2025
1 ON MARCH 31, 2025
▲
243%
▲
67%
N/A
0%
VS.
5 SALES VS. 3 SALES
22 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
7 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
0 ON MARCH 31, 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
16%
▲
N/A
N/A
VS.
▲
6 MONTHS VS. 0.8 MONTHS
$700,000 VS. $837,000
6.4 MONTHS VS. 5.5 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
60%
$2,400,000 VS. $1,500,000 Q1 2025 VS. Q1 2024
▲
106%
▼
6%
VS.
14.4 MONTHS VS. 7 MONTHS
$400,000 VS. $425,000
0 MONTHS VS. 0 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
0 SALES VS. 0 Q1 2025 VS. Q1 2024
$0 VS. $0
Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 87
SOUTHWEST RANCHES
MAR K E T AN ALYS IS
The Southwest Ranches Market COMPARING Q1 2025 VS. Q1 2024
UNDER $1 MILLION
OVER $1 MILLION
UNDER $1 MILLION
OVER $1 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
N/A
NO. OF HOMES FOR SALE IN THE MLS 0 ON MARCH 31, 2025 VS.
0 ON MARCH 31, 2024
TOTAL SALES
N/A
CLOSED SINGLE-FAMILY SALES IN THE MLS 0 SALES VS. 2 SALES Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
N/A
N/A
0 MONTHS VS. 0 MONTHS Q1 2025 VS. Q1 2024
INVENTORY
TOTAL SALES
▲
▼
11%
NO. OF HOMES FOR SALE IN THE MLS 73 ON MARCH 31, 2025 VS.
15%
CLOSED SINGLE-FAMILY SALES IN THE MLS 17 SALES VS. 20 SALES
INVENTORY
TOTAL SALES
INVENTORY
TOTAL SALES
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDO SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDOS SALES IN THE MLS
N/A
0 ON MARCH 31, 2025 VS.
N/A 0 SALES VS. 0 SALES
66 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
0 ON MARCH 31, 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
30%
▼
N/A
N/A
▲
$0 VS. $939,000
12.9 MONTHS VS. 9.9 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
3%
$1,825,000 VS. $1,875,000 Q1 2025 VS. Q1 2024
0 MONTHS VS. 0 MONTHS Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
$0 VS. $0
Q1 2025 VS. Q1 2024
N/A
0 ON MARCH 31, 2025 VS.
N/A
0 SALES VS. 0 SALES
0 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
N/A
N/A
0 MONTHS VS. 0 MONTHS Q1 2025 VS. Q1 2024
$0 VS. $0
Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 89
SUNNY ISLES BEACH
MAR K E T AN ALYS IS
The Sunny Isles Beach Market COMPARING Q1 2025 VS. Q1 2024
UNDER $1 MILLION
OVER $1 MILLION
UNDER $1 MILLION
OVER $1 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
N/A
TOTAL SALES
N/A
INVENTORY
TOTAL SALES
▲
▼
13%
80%
INVENTORY
▲
25%
TOTAL SALES
▲
29%
INVENTORY
▲
26%
TOTAL SALES
▼
9%
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDO SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDOS SALES IN THE MLS
1 ON MARCH 31, 2025
0 SALES VS. 0 SALES
18 ON MARCH 31, 2025
1 SALES VS. 5 SALES
710 ON MARCH 31, 2025
75 SALES VS. 82 SALES
0 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
16 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
VS.
94 SALES VS. 73 SALES
536 ON MARCH 31, 2025
VS.
566 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
425 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
3%
▼
38%
▲
N/A
N/A
VS.
▲
463%
▼
1%
▼
9%
VS.
▲
28%
0 MONTHS VS. 0 MONTHS
$0 VS. $327,000
54 MONTHS VS. 9.6 MONTHS
$1,495,000 VS. $1,510,000
22.7 MONTHS VS. 23.3 MONTHS
$375,000 VS. $410,000
21.4 MONTHS VS. 15.5 MONTHS
$2,450,000 vs.
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
$1,918,000
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 91
SURFSIDE
MAR K E T AN ALYS IS
The Surfside Market COMPARING Q1 2025 VS. Q1 2024
UNDER $1 MILLION
OVER $1 MILLION
UNDER $1 MILLION
OVER $1 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
N/A
INVENTORY
TOTAL SALES
N/A
▲
64%
TOTAL SALES
▼
50%
INVENTORY
▲
27%
TOTAL SALES
INVENTORY
TOTAL SALES
▼
▲
▼
40%
71%
39%
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDO SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
0 ON MARCH 31, 2025
1 SALES VS. 0 SALES
46 ON MARCH 31, 2025
7 SALES VS. 14 SALES
62 ON MARCH 31, 2025
6 SALES VS. 10 SALES
53 ON MARCH 31, 2025
VS.
0 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
28 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
31 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
111%
▼
N/A
N/A
VS.
▲
228%
0 MONTHS VS. 0 MONTHS
$970,000 VS. $0
19.7 MONTHS VS. 6 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
▲
23%
$1,985,000 VS. $1,613,000
49 ON MARCH 31, 2024
▲
15%
VS.
▲
178%
CLOSED CONDOS SALES IN THE MLS 8 SALES VS. 13 SALES
▲
60%
31 MONTHS VS. 14.7 MONTHS
$430,000 VS. $505,000
19.9 MONTHS VS. 7.2 MONTHS
$5,200,000 vs.
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
$3,250,000
Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 93
WELLINGTON
MAR K E T AN ALYS IS
The Wellington Market COMPARING Q1 2025 VS. Q1 2024
UNDER $1 MILLION
OVER $1 MILLION
UNDER $1 MILLION
OVER $1 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
▲
29%
NO. OF HOMES FOR SALE IN THE MLS
TOTAL SALES
▲
12%
INVENTORY
▲
48%
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
TOTAL SALES
INVENTORY
TOTAL SALES
▲
▲
▼
77%
16%
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
14%
INVENTORY
▲
41%
CLOSED CONDO SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
TOTAL SALES
▼
33%
CLOSED CONDOS SALES IN THE MLS
104 SALES VS. 93 SALES
120 ON MARCH 31, 2025
46 SALES VS. 26 SALES
215 ON MARCH 31, 2025
Q1 2025 VS. Q1 2024
81 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
VS.
38 SALES VS. 44 SALES
38 ON MARCH 31, 2025
VS.
142 ON MARCH 31, 2024
186 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
27 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
16%
▲
34%
▲
111%
▲
183 ON MARCH 31, 2025
▲
15%
▲
1%
VS.
▼
5.3 MONTHS VS. 4.6 MONTHS
$658,000 VS. $650,000
7.8 MONTHS VS. 9.3 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
6%
$456,000 VS. $429,000 Q1 2025 VS. Q1 2024
▲
18%
VS.
▲
4 SALES VS. 6 SALES
46%
17 MONTHS VS. 12.7 MONTHS
$1,848,000 VS. $1,573,000
28.5 MONTHS VS. 13.5 MONTHS
$1,875,000 vs.
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
$1,285,000
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 95
WESTON
MAR K E T AN ALYS IS
The Weston Market COMPARING Q1 2025 VS. Q1 2024
UNDER $1 MILLION
OVER $1 MILLION
UNDER $1 MILLION
OVER $1 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
▲
90%
TOTAL SALES
▼
12%
INVENTORY
▲
54%
TOTAL SALES
N/A
INVENTORY
▲
33%
TOTAL SALES
▼
15%
INVENTORY
TOTAL SALES
N/A
N/A
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDO SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDOS SALES IN THE MLS
72 ON MARCH 31, 2025
61 SALES VS. 69 SALES
100 ON MARCH 31, 2025
52 SALES VS. 52 SALES
113 ON MARCH 31, 2025
0 SALES VS. 0 SALES
38 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
65 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
VS.
44 SALES VS. 52 SALES
1 ON MARCH 31, 2025
VS.
85 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
1 ON MARCH 31, 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
57%
▼
N/A
N/A
▲
109%
▲
5%
VS.
▲
53%
3.5 MONTHS VS. 1.7 MONTHS
$785,000 VS. $750,000
5.8 MONTHS VS. 3.8 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
▲
2%
▲
13%
VS.
$403,000 VS. $397,000
7.7 MONTHS VS. 4.9 MONTHS
$1,183,000 VS. $1,358,000
0 MONTHS VS. 0 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
$0 VS. $0
Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 97
WEST PALM BEACH
MAR K E T AN ALYS IS
The West Palm Beach Market COMPARING Q1 2025 VS. Q1 2024
UNDER $1 MILLION
OVER $1 MILLION
UNDER $1 MILLION
OVER $1 MILLION
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
TOTAL SALES
▲
▼
18%
18%
INVENTORY
▲
29%
TOTAL SALES
▼
3%
INVENTORY
▲
34%
TOTAL SALES
INVENTORY
TOTAL SALES
▼
▼
▲
15%
4%
15%
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF HOMES FOR SALE IN THE MLS
CLOSED SINGLE-FAMILY SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDO SALES IN THE MLS
NO. OF CONDOS FOR SALE IN THE MLS
CLOSED CONDOS SALES IN THE MLS
405 ON MARCH 31, 2025
233 SALES VS. 283 SALES
277 ON MARCH 31, 2025
71 SALES VS. 73 SALES
1,427 ON MARCH 31, 2025
30 SALES VS. 26 SALES
344 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
214 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
VS.
374 SALES VS. 439 SALES
133 ON MARCH 31, 2025
VS.
1,066 ON MARCH 31, 2024
Q1 2025 VS. Q1 2024
138 ON MARCH 31, 2024
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
MEDIAN PRICE
SUPPLY
44%
▲
33%
▼
▲
5%
VS.
▲
5.2 MONTHS VS. 3.6 MONTHS
$525,000 VS. $500,000
11.7 MONTHS VS. 8.8 MONTHS
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
3%
$1,725,000 VS. $1,776,000 Q1 2025 VS. Q1 2024
▲
56%
▼
2%
VS.
▼
16%
Q1 2025 VS. Q1 2024
MEDIAN PRICE
▲
7%
11.4 MONTHS VS. 7.3 MONTHS
$225,000 VS. $230,000
13.3 MONTHS VS. 15.9 MONTHS
$1,650,000 VS. $1,538,000
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 99
The Rental Market M I A M I - DA D E & B R OWA R D C O U N T I E S
MAR K E T AN ALYS IS
The Rental Market COMPARING Q1 2025 VS. Q1 2024 MIAMI-DADE COUNTY
BROWARD COUNTY
S I N G L E - F A M I LY H O M E S
S I N G L E - F A M I LY H O M E S
INVENTORY
▲
14%
NO. OF HOMES FOR RENT IN THE MLS 1,711 ON MARCH 31, 2025 VS.
1,503 ON MARCH 31, 2024
SUPPLY
▲
9%
3.6 MONTHS VS. 3.3 MONTHS
TOTAL RENTALS
▲
4%
CLOSED SINGLE-FAMILY RENTALS IN THE MLS 1,435 RENTALS VS. 1,386 RENTALS Q1 2025 VS. Q1 2024
INVENTORY
▲
NO. OF HOMES FOR RENT IN THE MLS 1,509 ON MARCH 31, 2025 VS.
1,407 ON MARCH 31, 2024
MEDIAN PRICE/MONTH
▲
3%
$3,800 VS. $3,700 Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
102 B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y
7%
SUPPLY
▲
13%
TOTAL RENTALS
▼
5%
CLOSED SINGLE-FAMILY RENTALS IN THE MLS 1,253 RENTALS VS. 1,319 RENTALS Q1 2025 VS. Q1 2024
MEDIAN PRICE/MONTH
▲
2%
3.6 MONTHS VS. 3.2 MONTHS
$3,580 VS. $3,500
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
MAR K E T AN ALYS IS
The Rental Market COMPARING Q1 2025 VS. Q1 2024 MIAMI-DADE COUNTY
BROWARD COUNTY
CONDOMINIUMS
CONDOMINIUMS
INVENTORY
▲
13%
NO. OF CONDOS FOR RENT IN THE MLS 7,040 ON MARCH 31, 2025 VS.
6,226 ON MARCH 31, 2024
TOTAL RENTALS
▼
5%
CLOSED CONDO RENTALS IN THE MLS 5,174 RENTALS VS. 5,468 RENTALS
INVENTORY
▲
19%
NO. OF CONDOS FOR RENT IN THE MLS 3,897 ON MARCH 31, 2025 VS.
3,275 ON MARCH 31, 2024
TOTAL RENTALS
▼
5%
CLOSED CONDOS RENTALS IN THE MLS 2,478 RENTALS VS. 2,600 RENTALS Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
▲
SUPPLY
MEDIAN PRICE/MONTH
21%
0%
4.1 MONTHS VS. 3.4 MONTHS Q1 2025 VS. Q1 2024
▲
SUPPLY
MEDIAN PRICE/MONTH
24%
0%
$2,700 VS. $2,700
4.7 MONTHS VS. 3.8 MONTHS
$2,000 VS. $2,000
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
Q1 2025 VS. Q1 2024
B E R K S H I R E H AT H AWAY H O M E S E R V I C E S E W M R E A LT Y 103
POWER. PRESENCE. PRESTIGE.