{"id":348357,"date":"2026-07-22T09:34:07","date_gmt":"2026-07-22T09:34:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/348357\/"},"modified":"2026-07-22T09:34:07","modified_gmt":"2026-07-22T09:34:07","slug":"miami-dade-and-broward-see-jump-in-million-dollar-home-sales","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/348357\/","title":{"rendered":"Miami-Dade and Broward see jump in million-dollar home sales"},"content":{"rendered":"<p>            <img loading=\"lazy\" decoding=\"async\" class=\"responsive-image\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/07\/Mansion No. 5 - 2.jpg\"   width=\"1200\" height=\"674\" title=\"In June, sales of $1 million-plus homes jumped 29% in Miami-Dade and 35% in Broward compared with a year earlier.\" alt=\"In June, sales of $1 million-plus homes jumped 29% in Miami-Dade and 35% in Broward compared with a year earlier.\"\/><\/p>\n<p>        In June, sales of $1 million-plus homes jumped 29% in Miami-Dade and 35% in Broward compared with a year earlier.<\/p>\n<p>            ASR Construction<\/p>\n<p>Luxury homebuyers paying cash are driving South Florida\u2019s housing market, pushing prices higher across Miami-Dade and Broward counties. Sales of $1 million-plus homes jumped 29% in Miami-Dade and 35% in Broward in June compared with a year earlier.<\/p>\n<p><a href=\"https:\/\/www.miamiherald.com\/news\/business\/real-estate-news\/article316555027.html\" rel=\"nofollow noopener\" target=\"_blank\">FULL STORY: Luxury sales, cash buyers fuel home market rebound in Miami-Dade and Broward<\/a><\/p>\n<p>                                          <img decoding=\"async\" class=\"responsive-image\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/07\/IMG_GettyImages-22281179_2_1_6PQJKLRS_L903446947.JPG\"   width=\"1200\" height=\"800\" title=\"IMG_GettyImages-22281179_2_1_6PQJKLRS_L903446947.JPG\" alt=\"Nearly 38% of Miami-Dade home purchases and 37% of Broward transactions were completed without financing.\u00a0\"\/>                                                                                    Nearly 38% of Miami-Dade home purchases and 37% of Broward transactions were completed without financing.\u00a0                                                                                            Joe Raedle                                                                            Getty Images                                                                                        <\/p>\n<p>Here are key takeaways:<\/p>\n<p>Nearly 38% of Miami-Dade home purchases and 37% of Broward transactions were completed without financing, well above the national average of roughly 25%. Almost half of Miami-Dade condo purchases and more than half of Broward condo sales were all-cash deals.Miami Realtors Chief Economist Gay Cororaton said the million-dollar segment continued to outperform other price tiers, calling it \u201ca clear indication of the acceleration in wealth migration to South Florida.\u201dMiami-Dade total home sales climbed 14.3% year-over-year, marking 10 consecutive months of growth. Broward sales rose 21.1%, driven by a 26% jump in single-family sales.Median single-family home prices reached $695,000 in Miami-Dade (up 3.7%) and $645,000 in Broward (up 2.4%). Condo prices slipped slightly as inventory remains elevated following new state safety requirements after the Surfside collapse.June home sales generated an estimated $271 million in local economic activity in Miami-Dade and $302 million in Broward, according to National Association of Realtors estimates.<\/p>\n<p>This report was produced with the assistance of a proprietary tool powered by artificial intelligence and using our own originally reported, written and published content. It was reviewed and edited by our journalists.<\/p>\n<p>                <a href=\"https:\/\/www.miamiherald.com\/profile\/218644720\/\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n                        <img decoding=\"async\" class=\"author-thumb\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/07\/1784712847_208_Luisa Yanez.jpeg\" width=\"400\" height=\"400\" alt=\"Profile Image of Luisa Yanez\" loading=\"lazy\"\/><br \/>\n                    <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"In June, sales of $1 million-plus homes jumped 29% in Miami-Dade and 35% in Broward compared with a&hellip;\n","protected":false},"author":2,"featured_media":348358,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[249,251,250],"class_list":["post-348357","post","type-post","status-publish","format-standard","has-post-thumbnail","category-fort-lauderdale","tag-fort-lauderdale","tag-fort-lauderdale-headlines","tag-fort-lauderdale-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/348357","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=348357"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/348357\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/348358"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=348357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=348357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=348357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}