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Miami Home Prices Post Strong Gains for Third Consecutive Month

For the third consecutive month, Miami home prices posted strong gains in February. The median sales price of condominiums in the Miami-Dade County surged 40.4 percent to $131,950 in February compared to a year earlier, according to the 26,000-member MIAMI Association of REALTORSA(R) and the local Multiple Listing Service (MLS) system. The median sales price of single-family homes rose 19 percent to $175,000.

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Miami Home Prices Post Strong Gains for Third Consecutive Month

For the third consecutive month, Miami home prices posted strong gains in February. The median sales price of condominiums in the Miami-Dade County surged 40.4 percent to $131,950 in February compared to a year earlier, according to the 26,000-member MIAMI Association of REALTORSA(R) and the local Multiple Listing Service (MLS) system. The median sales price of single-family homes rose 19 percent to $175,000.