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    How much will you pay for a home in Miami or Broward? Here’s a new look at the numbers

    By Miami Herald Archives,

    1 day ago

    https://img.particlenews.com/image.php?url=2hOasw_0uAWYR4i00

    South Florida home prices are still rising, although condo sales have dropped. That’s according to the latest May data from the Miami Association of Realtors.

    Here’s a breakdown of costs and sales in South Florida:

    What is the median sales price of a single-family home?

    Miami-Dade County: $650,000, up from $620,000 in May 2023.

    Broward County: s $625,000, up from $585,000 in May 2023.

    What is the median sales price of a condo?

    Miami-Dade: $425,000, up from $415,000 in May 2023.

    Broward: $282,000, up from $270,000 in May 2023.

    MORE: Home prices are up again in Miami, but where are the buyers? Condos are an issue

    What were total home sales in May?

    Miami-Dade: 2,397, down by 0.6% from May 2023

    Broward: 2,583, down 6.8% from May 2023.

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