We all know that our housing market has quite a bit of value behind it, but what’s the big number that it all adds up to?

We’ll cut straight to the big number – $720 billion.

That’s the cumulative value of Miami’s housing market, according to a new analysis by Zillow; additionally, that $720 billion represents a hefty 9.3 percent increase from 2013.

See our graph below for a fuller picture on how Miami’s market compares with other markets: