Miami Ranks #2 In The U.S. For Million-Dollar Listings

A new report states that Miami has more residential real estate listings above $1 million than any U.S. city except for New York.

Miami lags however, when it comes to actual closed sales in that price range over the past year, dropping to eighth place (behind Naples). Miami and Miami Beach are counted separately.

The report was prepared by Coldwell Banker and was collected from MLS data, so it doesn’t include all transactions.