Miami Real Estate Report, February 2023 Statistics KEY NUMBERS (Compared to February 2022) Number of Condo Sales      Down 46.6% Number of Single Family Sales Down 27.8% Median  Condo Price – Up 2.6% Median Single Family Price Up 3.5% Inventory Condos up 26.4% SFH Up 63.5% Dollar Volume Condos Down 49.5% SFH Down 25.8% Pending Inventory Condos Down 46.6%  SFH Down 39.2% Not much has changed in the last few months. Closed sales are down, dollar volume is down and the inventory of pending sales – properties under contract – is…

Miami Real Estate Report, January 2023 Statistics KEY NUMBERS (Compared to  January 2023) Number of Condo Sales  – Down 50.6% Number of Single Family Sales – Down 41.2% Median  Condo Price –  Up 11.1% Median Single Family –  Price Up 4.8% Inventory Condos up 15.2% SFH Up 67.5% Dollar Volume Condos Down 48.1% SFH Down 42.6% Pending Inventory Condos Down 49.5% SFH Down 39.2% January, in any market, is typically a slower month for closed sales as most would have gone under contract in December when the focus is more…

Miami Real Estate Report, January 2023 Statistics KEY NUMBERS (Compared to  January 2023) Number of Condo Sales  – Down 50.6% Number of Single Family Sales – Down 41.2% Median  Condo Price –  Up 11.1% Median Single Family –  Price Up 4.8% Inventory Condos up 15.2% SFH Up 67.5% Dollar Volume Condos Down 48.1% SFH Down 42.6% Pending Inventory Condos Down 49.5% SFH Down 39.2% January, in any market, is typically a slower month for closed sales as most would have gone under contract in December when the focus is more…