That’s a 51% increase from the year before. “There’s a big supply problem, and that’s keeping profitability up,” says Jeff Lichtenstein of Echo Fine Properties.
Some of the highest price gains were seen in our area last year since 2008, even as the housing market took a slight downward turn in the fall of 2022.
As buyers battled rising interest rates and excessive home prices, some areas in South Florida grew to be more popular among homeshoppers, a new survey reveals.