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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…
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…
July 2023 Single Family Home 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…