Welcome to the club, Miami. The South Florida city has joined four traditional valuable housing metros in the category of top five most valuable, moving up from ninth place, according to a report from Zillow. Miami, land of beaches, cruise ships, Art Deco architecture and design and lively music and food scenes, gained housing value of 86.6%.

Miami jumped from its former ninth place in May 2020, during the pandemic, to beat out Washington, D.C., to claim its berth in the top five nationally. The four other cities with which it shares this top star billing have enjoyed the limelight for the last five years. They include New York, Los Angeles, San Francisco and Boston.

Altogether, the total value of the U.S. housing market is 49% higher than before the pandemic, hitting $52 trillion, after surging over the last year. It had what the report calls a hiccup from July 2022 to January 2023 due to higher mortgage rates spurring a decline as buyers waited and residential investment fell. But then it picked up this year with total value moving forward by more than $2.6 trillion in the last year.