Home sales climbed nearly 10% year-over-year in February, marking the sixth consecutive month of gains and reaffirming what we're seeing on the ground: buyers are active, and the market is moving.
Condos are back in a big way. Existing condo sales jumped nearly 15%, with the $400K–$500K segment leading the charge at a 19% increase. That mid-market price point has found its footing, and buyer confidence in the condo space is clearly rebuilding.
Prices continue to climb. Median single-family home prices rose more than 4% year-over-year — a signal that demand is holding firm even as inventory shifts. For sellers, this remains an advantageous environment. For buyers, acting sooner rather than later is the smarter play.
At the top of the market, the story is just as compelling. Sales above $5 million rose 11%, and South Florida continues to hold its position as the #1 ultra-luxury market in the country. That status was punctuated by a record-setting $170 million purchase in Indian Creek by Mark Zuckerberg — the largest residential sale in Miami-Dade history.
Whether you're buying, selling, or simply watching the market, these numbers matter. Six straight months of growth doesn't happen by accident — it reflects real demand, real confidence, and a market that continues to outperform expectations.
Ready to talk about what this means for your real estate goals? I'm here.
