#miami-real-estate

#miami-real-estate

Miami's real estate market continues to outpace national trends with average home prices reaching $1.13 million, nearly triple the national average of $647,307, according to the latest market data. The city's luxury segment is driving much of this growth, with over 2,100 properties listed at $1 million or higher. Current listing data shows Miami's median home price stands at $649,999, significantly higher than the national median of $379,000.

Despite a rising influx of residents drawn to Miami’s temperate climate and vibrant culture, the housing market is experiencing a downturn, particularly in the luxury sector.

Marco Carola, the globe-trotting DJ and producer, is listing his splashy Florida skypad for $6.33 million, located in Miami's Aston Martin tower.