Ask a handful of Miromar Lakes homeowners when the market peaked and almost everyone will say the same thing. 2022. Homes moving in days, multiple offers, bidding wars and little room to negotiate. It is a fair memory but not the whole story.
The sales data tells a more useful story. It matters if you bought in the years right after that stretch and have wondered where your home actually stands today.
Short answer: house prices did not peak in 2022. They kept climbing every year after, all the way through 2024, before easing over the past year.
Why 2022 gets called the peak
In 2022, Miromar Lakes homes were selling in days, not months, often at or close to full asking price. That pace is what earns 2022 its reputation. It was the height of urgency in the housing market, and pace is what people remember most clearly.
Pace and price are two different things
Speed slowed after 2022, price did not. Sales prices in Miromar Lakes kept climbing every year through 2024. The market has only recently begun to find its footing.
Someone who bought in 2023 or 2024 may have believed they missed the top. In reality, they may have bought into a market that was still rising. It also means the comparison that matters is not what homes sold for in 2022. It is what homes sold for the year you bought.
The longer view
Homes bought in Miromar Lakes in 2020 and 2021 were purchased before the runup began. By the time they resold this year, they had appreciated by nearly half their value. A 2023 buyer and a 2021 buyer can be looking at different numbers today, in the same community, at the same moment.
What does this mean if you are buying or selling?
For owners who bought at the peak, it is common to see recent comparable sales near the original price. In some cases, they fall below it in today's market.
That number can be uncomfortable to look at. It does not mean the market collapsed. It means pricing has stabilized after several years of rapid appreciation.
If you are weighing a purchase in Miromar Lakes now, this same history is useful too, just in the other direction. Buying after a multi year runup and a recent reset is a different entry point than buying at the top of 2022. It is worth understanding where today's pricing sits before comparing Miromar Lakes to another community.
"The year that matters is the year you bought your home, not 2022."
-Andy
Frequently Asked Questions
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Did Miromar Lakes home prices go down in 2026?
Prices have eased after several years of rapid increases, but this reflects a balanced market rather than a broad decline. Homes purchased before the 2022 through 2024 runup have still appreciated significantly. -
Is now a bad time to sell in Miromar Lakes if I bought in 2022, 2023 or 2024?
Not necessarily. It depends heavily on your home's condition, updates and enclave. We can provide a detailed look at your home's value or a walkthrough of current inventory in your enclave. -
What is the current average sold price in Miromar Lakes?
According to our August 2026 Miromar Lakes, FL market report, the average sales price is $1.6 million dollars. Click to read the monthly Miromar Lakes market report.
Community wide averages paint a broader picture but are not a substitute for a property specific market analysis. For a detailed look at your home's value or a walkthrough of current inventory in your enclave, reach out directly. See what recent customers have said about working with me on our testimonials page.
Prefer to talk now? Call Andy: (239) 420-7535.
Andrew A. Alvarez, PA is a Broker Associate and President with Alvarez Group at Douglas Elliman Real Estate. He is ranked in the top 2 percent of agents in Southwest Florida, with over a decade and a half of experience in Miromar Lakes.
