Aerial photo of South Pointe beach, with ocean and luxury convos in the backdrop

January 2021 Single Family Home Real Estate Report

Miami Real Estate Report, January 2021 Statistics KEY NUMBERS (Compared to January 2020) Number of Condo Sales Up 28.1% Number of Single Family Sales Up 9.1% Median Condo Price – Up 14.3% Median Single Family Price Up 25.2% Inventory (# of listings) Condos Down 15.4% SFH Down 45.8% The Miami Market is on fire! Compared to a year ago condo sales are up 28.1% with dollar volume up 69.4%. Pending sales are up 43.1% with listing inventory down 15.4%. Single Family inventory is down 45.8% causing a spike in the…

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