2016-04-20 · Miami-Dade county home sales dipped again in March, according to a new report from the Miami Association of Realtors, amid rising prices and fewer distressed properties. So far this year, Miami’s residential market has started slowing while inventory grows and global economic conditions put a
For condo/townhouses in Miami-Dade, sales were down 5.7 percent to 1,085 while the median sales price grew 4.7 percent to $225,000. Active listings grew 7 percent, so the inventory was 13.6 months.
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Miami is also seeing strong demand at mid-price points in both existing single-family homes and condos." Median sale prices for existing Miami-Dade County single-family homes rose 12.5 percent in June to $315,000, according to the newly-released data. Existing condominiums increased 7.3 percent to $220,000.
"The double-digit growth in traditional real estate sales is a sign of continued strength in Miami’s real estate market," said 2013 MIAMI Association of REALTORS Residential President.
Condo sales dollar volume increased 1.5 percent to $391.2 million. Price growth was stronger in Broward than in Miami-Dade. Single-family home prices increased 4.2 percent to $370,000, and condo sales.
The best things to do this weekend – May 19-21 Mortgage Masters Group It may not be celebrated. is by far the best indicator of future buying patterns. "It’s not true that demographics is destiny," says Matt Kuckuk, senior principal at American Management Systems Inc.
Homes sales in Miami set a new record in 2012 and prices saw double digit growth, boosted by overseas buyers, according to the latest data from the Miami Association of Realtors. Year end sales of single-family homes in miami-dade county rose 7.9% compared to 2011 and condo sales were up 1.2%.
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2013-01-28 · Homes sales in Miami set a new record in 2012 and prices saw double digit growth, boosted by overseas buyers, according to the latest data from the Miami Association of Realtors. Year end sales of single-family homes in Miami-Dade County rose 7.9% compared to 2011 and condo sales.
Homes priced under $300,000 are still moving quickly in both counties, although there’s a limited supply of them for sale. Miami-Dade has the largest supply of $1 million-plus condos on the market.
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