Miami Real Estate Posts 7th-Best March in County History; Total Sales Surge Ahead of Pre-Pandemic Levels
MIAMI, April 21, 2023 /PRNewswire-PRWeb/ -- Miami-Dade County posted its seventh-best March sales month in county history as total sales surged ahead of pre-pandemic numbers and Miami price appreciation led the nation, according to March 2023 statistics released by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.
- Miami sold 2,513 total homes in March 2023, which is the seventh-most all-time in the month of March in county history.
- March 2023 total sales are also higher than the Miami-Dade average number of sales in the month of March all-time.
- Miami total home sales decreased 36.2% year-over-year in March 2023, from a historic 3,939 transactions in March 2022 to 2,513 in March 2023.
- Short sales and REOs accounted for 0.2% and 0.9% year-over-year, respectively, of total Miami sales in March 2023.