BLOG

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

August 2023 Single Family Home Real Estate Report

Miami Real Estate Report, August 2023 Statistics KEY NUMBERS (Compared to August 2022) Number of Condo Sales Down 16.5% Number of Single Family Sales Down 8.1% Median  Condo Price – Up 10.9% & 5.4% YTD Median SFH Price Up12.5% & 9.1% YTD Inventory Condos Down 1.7% SFH Down 19.7% Days On Market Condos 34 Days SFH 23 Days Pending Inventory Condos Down 12.9% SFH Down 7.6% Months Supply Condos 5.4 months SFH 3.5 months Closed sales for both condos and single family are still down, 16.5% and 8.1% respectively compared…

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

August 2023 Condo Real Estate Report

Miami Real Estate Report, August 2023 Statistics KEY NUMBERS (Compared to August 2022) Number of Condo Sales Down 16.5% Number of Single Family Sales Down 8.1% Median  Condo Price – Up 10.9% & 5.4% YTD Median SFH Price Up12.5% & 9.1% YTD Inventory Condos Down 1.7% SFH Down 19.7% Days On Market Condos 34 Days SFH 23 Days Pending Inventory Condos Down 12.9% SFH Down 7.6% Months Supply Condos 5.4 months SFH 3.5 months Closed sales for both condos and single family are still down, 16.5% and 8.1% respectively compared…

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

July 2023 Condo Real Estate Report

Miami Real Estate Report, July 2023 Statistics KEY NUMBERS (Compared to July 2022) Number of Condo Sales Down 17.1% Number of Single Family Sales Down 8.9% Median  Condo Price – Up 10.5% & 5.1% YTD Median SFH Price Up10.8% & 8.2% YTD Inventory Condos Down 2.3% SFH Down 23.3% Days On Market Condos 32 Days SFH 24 Days Pending Inventory Condos Down 12.2% SFH Down 6.9% Months Supply Condos 5.1 months SFH 3.2 months Important indicators to keep an eye on: Condo closed sales are closing in 32 days with…

Copyright ©. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements including but not limited to square footage, room count, number of bedrooms, or designated school, and should be independently verified and expressly disclaim any liability in connection therewith. While, information from this website including market statistic data is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without notice. All material presented herein is intended for information purposes only. No financial or legal advice provided. Equal Housing Opportunity.