{"id":171882,"date":"2026-02-27T19:49:07","date_gmt":"2026-02-27T19:49:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/171882\/"},"modified":"2026-02-27T19:49:07","modified_gmt":"2026-02-27T19:49:07","slug":"miami-ranks-2-in-the-us-in-all-cash-home-sales-real-estate","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/171882\/","title":{"rendered":"Miami ranks #2 in the US in all-cash home sales | Real Estate"},"content":{"rendered":"

While the share of all-cash home purchases across the U.S. fell to a five-year low<\/a> at the end of 2025, South Florida remains one of the strongest cash-buying regions in the country.<\/p>\n

A new Redfin report shows that 39.9% of home purchases in the Miami-Dade metro area were made in cash, well above the national average of 29% in December 2025. That places Miami among the highest major markets in the nation for all-cash transactions.<\/p>\n

\"Screenshot<\/p>\n

Two other South Florida markets<\/a> ranked even higher. In West Palm Beach, 47.2% of homes were purchased in cash, while Fort Lauderdale recorded a 35.8% cash-buying rate.<\/p>\n

Nationally, Redfin reports that cash purchases have declined as mortgage rates stabilized<\/a> and housing inventory improved, giving financed buyers more opportunity to compete. But South Florida continues to stand apart, driven by international buyers, out-of-state transplants, investors and high-net-worth households relocating to the region.<\/p>\n

In affluent ZIP codes and high-price neighborhoods nationally – including Key Biscayne and Miami – luxury homes see notably higher all-cash purchase rates. Properties priced above $1 million often sell for cash<\/a> more than half the time, a trend that has been reported across the broader Miami market.<\/p>\n

\"Nearly<\/p>\n

A person handing another a set of keys to a house, overlayed on a shot of Virginia Key Beach.<\/p>\n

Raul Rodriguez \/ Getty Images<\/p>\n

Cash offers often provide a significant advantage in competitive markets, allowing buyers to close faster and avoid financing contingencies. In luxury and waterfront communities, including areas like Key Biscayne, cash transactions are particularly common.<\/p>\n

The data reinforces South Florida\u2019s continued appeal to affluent buyers, even as broader national housing trends cool.<\/p>\n

Read the full Redfin report by clicking here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"While the share of all-cash home purchases across the U.S. fell to a five-year low at the end…\n","protected":false},"author":2,"featured_media":171867,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[81704,81706,225,227,226,81693,126,1730,81707,123,81702,8600,480,81705,81694,81703],"class_list":["post-171882","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hialeah","tag-all-cash-home-purchases-miami","tag-fort-lauderdale-housing-trends","tag-hialeah","tag-hialeah-headlines","tag-hialeah-news","tag-home-purchase","tag-key-biscayne","tag-key-biscayne-real-estate","tag-luxury-home-sales-miami","tag-miami","tag-miami-cash-home-sales","tag-purchase","tag-real-estate","tag-redfin-housing-report-202","tag-south-florida-market","tag-south-florida-real-estate-market"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/171882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=171882"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/171882\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/171867"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=171882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=171882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=171882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}