Property values across Miami-Dade County have risen by about 10% from last year, according to a recent report by the county. This marks the third straight year of increases, indicating a strong real estate market despite concerns about housing affordability.
The report highlights that all 34 municipalities in the county saw values go up, with 17 of them experiencing double-digit percentage increases. Florida City saw the biggest jump at 17.6%, followed by El Portal at 15%, and several others also saw significant gains.
Looking ahead, experts expect this trend to continue into next year. There is confidence that the buying and selling of properties in Miami-Dade will remain active, sustaining the upward trajectory of property values in the region.
(source: axios.com, picture: blake connally)
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2024