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Category: Real Estate Trends

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2023 Coconut Grove Real Estate Values | Year-Over-Year Numbers

The overall market in South Florida exploded in 2021 and continued in 2022 due to an influx of buyers from New York, Chicago and L.A. because of our favorable tax rates, Covid and “the way that Florida is being run.” The Coconut Grove market shattered every metric in 2021 and then did it again in 2022 even when…

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Celebrating a Banner Year for Douglas Elliman Florida

We are thrilled to announce that Douglas Elliman Florida has achieved another record-breaking year, closing 2021 with $14.6 Billion in total sales volume – more than doubling our previous record set in 2020, with over 7,259 total transactions and closing $40 Million in daily sales…

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2022 Coconut Grove Real Estate Values | A Look Back at the 2021 Numbers

The overall market in South Florida exploded in 2021 due to an enormous influx of buyers from New York, Chicago and L.A. because of our favorable tax rates and triggered by Covid. As a result, the Coconut Grove real estate market shattered every metric ever tabulated in 2021…

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South Florida is Dubbed NYC’s “6th Borough” After COVID-19 Exodus

Florida’s Department of Highway has proven what everyone in real estate has been talking about over the past year…New Yorkers have fled to South Florida in droves during the COVID-19 pandemic. At least 33,565 people exchanged their New York driver’s licenses for Florida driver’s licenses between September 2020 and March 2021…

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