November 2013 Marks Two Years of Price Appreciation in Miami
From November 2012 to November 2013 prices have increased as follows:
- 14.5% condos
- 9.1 % single family homes
Days on the market: 44 days for condos and 39 days for single family homes
Average sale price: 96.4 % of list price for condos and 96.1% for single family homes
This graph illustrates the fact that, in spite of 24 months of consecutive appreciation, prices are still at the 2004 level
Source: Miami Association of Realtors
For more information of properties in the area, please contact us.
Gabriela de Marinis
Licensed Real Estate Broker
Demar Realty
Phone in Miami: 1-786-373-7895
Phone in Buenos Aires: 54-11-5453-7167
Miami Real Estate News 