Miami-Dade's real estate market is experiencing a cooling trend, with property values increasing by only 8.5% in 2025 compared to 10.7% the previous year. This marks the first return to single-digit growth rates since the onset of the pandemic in 2021. Property Appraiser Tomás Regalado observed this stabilization in the market, although he anticipates a decline in construction trends. While overall taxable values suggest growth, certain indicators point to a potential buyer's market. Indian Creek Village reported a remarkable 19% increase in values, contrasting Virginia Gardens' modest 1.4% rise.
The real estate market, after years of growth, appears to have stabilized.
While the headline number of an 8.5% increase in countywide taxable values suggests decent growth in home prices, some details of the report hint at a buyer's market to come.
Some notable figures in the report include developers creating nearly $4 billion in new construction last year, accounting for almost half of Miami-Dade’s new construction.
Indian Creek Village saw taxable values spike 19%, showcasing significant disparities in property value growth among different municipalities.
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