Between March and May 2023, the median sale price of single-family homes in the Miami metro area increased by 4% compared to the corresponding period in the previous year, reaching $570,000 during this timeframe.

On the flip side, there was a notable 13% decline in the number of single-family homes sold during May 2023, with a total of 4,180 homes finding buyers.

Learn more about the metrics in PropMix Market Insights.

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