Miami Real Estate Report, June 2022 Statistics KEY NUMBERS (Compared to June 2021) Number of Condo Sales Down 30.3% Number of Single Family Sales Down 26.1% Median  Condo Price – Up 20.6% Median Single Family Price Up 15.8% Inventory (Active Listings) Condos Down 30.8% SFH Up 19.9% For two consecutive months, and the third time in 22 months, condo sales declined. The condo median price was up 20.6% which may be a sign of market easing as that was the lowest increase since April 2021 except for a tie in…

Miami Real Estate Report, June 2022 Statistics KEY NUMBERS (Compared to June 2021) Number of Condo Sales Down 30.3% Number of Single Family Sales Down 26.1% Median  Condo Price – Up 20.6% Median Single Family Price Up 15.8% Inventory (Active Listings) Condos Down 30.8% SFH Up 19.9% For two consecutive months, and the third time in 22 months, condo sales declined. The condo median price was up 20.6% which may be a sign of market easing as that was the lowest increase since April 2021 except for a tie in…

Miami Real Estate Report, May 2022 Statistics KEY NUMBERS (Compared to May 2021) Number of Condo Sales Down 7.9% Number of Single Family Sales Down 12.3% Median  Condo Price – Up 27.7% Median Single Family Price Up 15% Inventory (Active Listings) Condos Down 43.8% SFH Up 0.2% For the second time in 21 months condo sales declined. Condo median price was up 27.7% but that can be somewhat misleading. The median price last year was $325,000 and now its $415,000. The price range of $600k to $1million had a 47%…