Miami Real Estate Report, November 2020 Statistics  KEY NUMBERS (Compared to November 2019) Number of Condo Sales Up 23% Number of Single Family Sales Up 18.7% Median  Condo Price – Up 10.2% Median Single Family Price Up 23.3% Inventory (# of listings) Condos Down 10.1% SFH Down 40.4% The condo market is coming back strong compared to November last year with 23% more closings, median price up over 10% and dollar volume jumped by 55.5%, plus pending sales are up 26.3%. County wide there is a 13 month supply of…

Miami Real Estate Report, November 2020 Statistics KEY NUMBERS (Compared to November 2019) Number of Condo Sales Up 23% Number of Single Family Sales Up 18.7% Median Condo Price – Up 10.2% Median Single Family Price Up 23.3% Inventory (# of listings) Condos Down 10.1% SFH Down 40.4% The condo market is coming back strong compared to November last year with 23% more closings, median price up over 10% and dollar volume jumped by 55.5%, plus pending sales are up 26.3%. County wide there is a 13 month supply of…

Miami Real Estate Report, October 2020 Statistics There’s big money chasing Single Family Homes! The average sale price is up 52% and total dollar volume up 75.5%! With inventory down 40% causing major price increases, we’re anticipating more buyers to consider buying a condo. The condo market continues to improve with closed sale up almost 17%, volume up 19.4%, pending sales up 31% and inventory down 8.4%. The beach market is softer than the mainland where domestic buyers are buying primary residences, but the beach market has many outstanding opportunities…