Luxury Home Buyers Are Returning to South Florida
Robert G. Hetsler, Jr. J.D. CPA
Inspirational Leader, Spiritual Warrior, Life & Business Strategist, Author, Entrepreneur Talks about #Overcoming Adversity, #Leadership through Inspiration, #Belief System, #Success #Importance of Progress
Thanks to a decrease in prices for condominiums and single-family homes, the South Florida luxury real estate market is enjoying a bump. This is according to a report released Tuesday by ONE Sotheby’s International Realty.
The report indicates that, overall, properties listed at north of $1 million in both Miami-Dade and Miami counties are selling for 20% lower than the original asking price, with condos taking a deeper cut than single-family homes.
Sales in Miami are at the highest they’ve been since 2014. Read more of the study’s reports here.
If you’re in the market for upscale real estate in Jacksonville and the greater Florida area, please visit our website to find out more about our personalized service. We’ll help you close on your new luxury residence, vacation home or investment property.