Miami Real Estate March 2024: To Buy or Sell? An Analysis of 2020-2024 data

[Christian Busch]

Are you a Miami real estate buyer, seller, or just curious about the market? Here's a quick snapshot from the COVID outbreak of early 2020 to February 2024:

Key Trends
Condo prices: 📈 65% since March 2020
Single-family homes: 📈 75% since March 2020
Rapid appreciation mostly in 2020, stable/slight gains since
Market resilience despite rising rates and insurance costs
AI stock market-fueled wealth could drive more home purchases

My Prediction:
Prime single-family homes: Prices remain stable or increase
Condos: Flat unless truly distinctive

The Big Question: Are YOU ready to buy or sell?
Let me know your thoughts in the comments 👇