TRENDS January 2022 Market Report

The Miami Beach single family home market has seen a 30% increase from 2020 to 2021 ($3.8M to $4.9M, respectively) year-over-year based on average sales price. Plus, the Miami Beach condo market has seen a 47% increase from 2020 to 2021 ($738K to $1.1M, respectively).

We're still seeing an influx of buyers coming from places like New York, Boston, Chicago and our friends from the West Coast in Los Angeles and San Francisco, in addition to the Canadians and the South Americans.

Buyers continue to display strong preferences toward turnkey, read-to-move-in homes, especially those that are furnished beautifully. When a home like this comes to market, it usually receives multiple offers and it snatched up quickly.

Buyers from the places mentioned above, specially in New York City and California, see value in the homes here in Miami, as pricing is around 50% less than what they're accustomed to in their home towns. These buyers are acting quickly when choosing their next home, which keeps it a very competitive market.

New York buyers are acting quickly, otherwise they risk being left out in the cold!

Blog Posts

Howard Schultz Moves To Miami

Starbucks Howard Schultz Buys Miami Penthouse | Bye-Bye Seattle Hello Sunshine!

Jeff Miller | March 11, 2026

Starbucks Howard Schultz Buys Miami Penthouse

Trade Winter for Waterfront - Inside Miami Beach’s $19.5 Million Residence at The Bath Club

Jeff Miller | February 19, 2026

Ocean Front Luxury Living - Jeff Miller Miami

Palantir Moves To Miami

Palantir is Moving - Choosing Miami as the New "Silicon Beach"

Jeff Miller | February 19, 2026

Palantir's Alex Karp Is Moving to Miami

Mark Zuckerberg Moves to Miami

Mark Zuckerberg Is Moving to Miami and the Billionaire Boom Just Got a New ‘Friend Request’

Jeff Miller | February 10, 2026

Meta CEO Mark Zuckerberg Buys $170 Million Miami Mansion

Exclusive: Inside Ocean House, a Luxury Boutique Condo Building Coming to Miami

Jeff Miller | November 6, 2025

Located in Miami’s Surfside enclave, apartments in the 25-unit luxury tower start at $5 million.

Home Stratosphere | Hibiscus Island Home Offers Amazing Features

Jeff Miller | October 23, 2025

Check out this home's 20-Ft Atrium, Massive Rooftop Terrace, and Floating Glass Staircase.

The Real Deal Announces Jeff Miller As A Panelist For South FL Showcase

Jeff Miller | October 16, 2025

Jeff Miller will participate in The Real Deal's 7th Annual South Florida Showcase.

Curbed Miami | Jeff Miller Lists Miami Beach Mansion For $22.5M

October 9, 2025

A sleek contemporary home at 8 West Rivo Alto Drive just listed for $22.5 million.

Profile Miami | Check out this Unbelievable Waterfront Spec Mansion

Jeff Miller | October 2, 2025

A waterfront spec home on Miami Beach’s prestigious Palm Island has sold for $29.5 million.

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