{"id":55894,"date":"2025-11-21T20:53:06","date_gmt":"2025-11-21T20:53:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/55894\/"},"modified":"2025-11-21T20:53:06","modified_gmt":"2025-11-21T20:53:06","slug":"miami-dade-county-market-remains-robust-in-october","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/55894\/","title":{"rendered":"Miami-Dade County market remains robust in October"},"content":{"rendered":"<p>Total home sales, single-family sales and condo sales all saw year-over-year growth in October, according to the latest data from the <a href=\"https:\/\/www.miamirealtors.com\/2025\/11\/20\/miami-dade-posts-second-consecutive-banner-sales-month\/\" target=\"_blank\" rel=\"noopener nofollow\">MIAMI Association of Realtors<\/a> and the MIAMI Southeast Florida Multiple Listing Service.<\/p>\n<p>Continuing <a href=\"https:\/\/southfloridaagentmagazine.com\/2025\/10\/27\/best-real-estate-home-sales-month-2025\/\" target=\"_blank\" rel=\"noopener nofollow\">last month\u2019s positive trends<\/a>, sales of single-family homes and condos in Miami both saw a 7% increase year over year.<\/p>\n<p>Prices remained high in both markets, but condo prices saw a modest dip. The median price for a Miami condo decreased 3.61% year over year, from $415,000 to $400,000. As of this month, Miami condo prices have risen 100% since 2015.<\/p>\n<p>Meanwhile, a single-family home cost a median $682,000 in October, a 1.68% year-over-year increase.<\/p>\n<p>All-cash sales saw a jump of 17.3% from the same month last year, while transactions for <a href=\"https:\/\/southfloridaagentmagazine.com\/2025\/11\/07\/q3-residential-real-estate-luxury-report\/\" target=\"_blank\" rel=\"noopener nofollow\">properties valued at and above $1 million<\/a> grew 20%.<\/p>\n<p>\u201cMarket declines are fueled by debt, not cash. Miami is America\u2019s No. 1 metro for all-cash sales,\u201d MIAMI Chairman of the Board <a href=\"https:\/\/southfloridaagentmagazine.com\/2025\/02\/10\/miami-realtors-2025-leadership\/\" target=\"_blank\" rel=\"noopener nofollow\">Eddie Blanco<\/a> said. \u201cAll-cash Miami sales rose once again year-over-year last month. This shields our market from the impact of elevated rates and shows how committed buyers are to Miami real estate. The long-term data continues to reflect South Florida\u2019s enduring appeal and strong value trajectory.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Total home sales, single-family sales and condo sales all saw year-over-year growth in October, according to the latest&hellip;\n","protected":false},"author":2,"featured_media":55895,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[225,227,226],"class_list":{"0":"post-55894","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-hialeah","8":"tag-hialeah","9":"tag-hialeah-headlines","10":"tag-hialeah-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/55894","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=55894"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/55894\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/55895"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=55894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=55894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=55894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}