Juli 1, 2014
The Miami real estate market continued to show strength in May. The median sales price of both existing single-family homes and condos increased, and demand remained strong.
In May, the median sales price for single-family homes increased 12.6 percent year-over-year, marking the 30th consecutive month of price gains. The median sales price for condominiums in Miami rose 3.6 percent, the 35th consecutive month of condo price increases.
May data shows that real estate in Miami continues to sell quickly and at near asking price. New listings are also slowly increasing, as sellers regain confidence in the invigorated market.
To purchase or list a home for sale, contact Niki Higgins at +1-888-242-4422 or +1-954-817-2500.
Source: World Property Channel
2100 N. Ocean Blvd. Suite #402, Fort Lauderdale, Fl 33305
Office: +1.954.828.1858 Mobile: +1.954.817.2500 Email: nhiggins@spg.cc
All information displayed on this website is subject to errors, omissions, prior sale or withdrawal without notice. All text, images, graphics, and other materials on this website are subject to copyright and other intellectual property rights of The Seaside Group at Douglas Elliman unless otherwise stated. These materials may not be reproduced, distributed of reposted to print or other websites without the express written permission of The Seaside Group at Douglas Elliman.
DOUGLAS ELLIMAN, LICENSED REAL ESTATE BROKER
All contents © Copyright 2018 Seaside Properties
Group at Douglas
Elliman.
All
rights reserved in All Countries.