Home sellers in South Florida made record profits last year, even with the housing market slowing down in the later half.
In South Florida, home sellers made about $159,300 profit on the typical sale, a 51% increase from the year before, according to a year-end report released by ATTOM Data, a nationwide provider of property data.
It represents some of the highest price gains seen in our area since at least 2008, in spite of the housing market taking a slight downward turn in the fall of 2022.
