Top Real Estate Agents in Miami, Florida

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Rank – City SidesFull NameCompanyLocationSidesProfile
Mariana NiroSerhantMiami, FL 61.0View Profile
Liz HoganCompassMiami, FL 58.0View Profile
Lesli BurkheadThe Keyes CompanyMiami, FL 56.0View Profile
Roberto MalcaCervera Real Estate, Inc.Miami, FL 53.0View Profile
Nancy O’BrienThe Keyes CompanyMiami, FL 51.7View Profile
Max LomasRE/MAX Advance Realty IIMiami, FL 46.0View Profile

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2023 Miami, Florida Housing Market Summary

Miami, Florida started 2023 with a total of 1,550 single-family homes on the market, with a median home price of $730,000 and an average price per square foot of $484. By the end of the year, inventory had increased to 1,786 homes on the market (+15%), with a median home price of $850,000 (+16%) and an average price per square foot of $637 (+31%).

At the start of 2023, the median days on market (DOM) was 84 days – by the end of the year, median DOM had decreased to 70 days.

Miami started the year with 36% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 34% of Miami homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Miami started 2023 as a strong seller’s market, with an MAI score of 58; by the end of the year, the MAI had dropped to 31 – a balanced buyer and seller’s market.

This market summary is powered by Altos Research – click here to run a free report for your area.

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Agent News

Navigating a new network: Lessons from Zink Capital’s US expansion 

Jul 19, 2024By

Expanding into a new real estate market poses challenges, from language barriers to cultural differences. Zink’s journey into the U.S. market highlights the importance of strategic planning, community building, and branding. By understanding market trends and leveraging local networks, real estate professionals can achieve long-term success in new territories.