The Roselli Team | Miramar & South Florida Real Estate Experts

  While much of the U.S. is seeing home prices climb again, South Florida is telling a different story — and that’s creating both opportunities and challenges for buyers and sellers right here in Pembroke Pines and Miramar . According to the ICE Home Price Index (September 2025) , cities across the Northeast and Midwest — like Syracuse, NY (+9.7%) and Bridgeport, CT (+7.6%) — are leading the nation in home price growth. Meanwhile, several Florida markets are trending in the opposite direction. In fact, Cape Coral (-9.2%) , Austin (-8.6%) , and Tampa (-4.8%) are among the top 10 metro areas with the sharpest price declines. Here in Broward County , the story is more nuanced. While South Florida remains one of the most desirable regions in the country, the market is clearly normalizing after years of record-breaking appreciation. Homeowners are starting to adjust their expectations, and buyers are finding a bit more breathing room especially compared to the frenzied pandemic year...

  For the first time in years, existing homes (yes, the older ones that often need updates) are selling for more than brand-new construction.  According to the latest numbers , the median price of an existing home is $429,400. For a newly built home? $410,800. That’s an $18,600 difference. So if you’ve been eyeing a resale home thinking it’s the “cheaper” option, you might want to check out all your options. Let’s break down what’s going on, why it matters, and what it means if you’re thinking about buying a home. The Numbers Say It All It used to be that brand-new homes were priced way above resales. From 2010 to 2019, the gap between new and existing homes averaged about $66,000. Over the past five years, that gap narrowed to around $25,000 on average. Things first flipped in Q2 and Q3 of 2024, when the median price of existing homes surpassed new homes for the first time. And now in 2025, that trend is holding strong. Not only are resale homes more expensive than new const...