A wrap-up on trends in high-end real estate in Miami for 2015 suggests that there is still momentum in markets in South Florida. Even though Miami is considered on par with luxury world locales such as has New York City, London and Hong Kong, Miami’s luxury real estate market remains the most affordable luxury in terms of value. ONE Sotheby’s International Realty’s end-of-year trend report for 2105, in a nutshell, shows strong price appreciation in both the Miami-Dade and the Broward markets since 2011.
- In a ONE Sotheby's year-end report, South Florida markets are holding their own.
- Broward feels less pressure from skittish foreign buyers who are pulling back from Miami-Dade.
- The real estate firm sold a $27 million property in Broward last year.