Miami Real Estate – Latest Market News

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

Median Sales Price Jan 2014

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
                        www.demarealty.com     

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