No one sold more properties over $1,000,000 in Miami-Dade County in 2013 than EWM Realty International. EWM agents sold 420 single family homes and condominiums in that price range last year, and that was 26% more than our next closest competitor (who sold 334 properties in that same price range)!
Releasing that information made me want to look back a few years at the prices in Dade County! In January, 2003 the average price per square foot of a property priced over $1,000,000 in Dade County was $375. When the market “peaked” in that 2007ish period the average price per square foot was in the $550-$600 range. By mid-July, 2013, we were looking at about $625 per square foot, and by the end of the year we were in the $650ish price per square foot. As we settle into 2014 I will be keeping my blog updated with facts and trends, especially in Coral Gables, Coconut Grove, South Miami, Pinecrest, Palmetto Bay, and the Ponce/Road corridors, where I specialize in luxury real estate, both for sale and for rent.