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May 2021 Miami Market Report

July 6, 2021

The Miami real estate market is HOT!

Single-Family Homes May 2021

The average price sold for single-family homes was up significantly year-over-year to $1.06 million. Months of inventory significantly declined to 2.0 months.

Condos & Townhomes May 2021

The condo & townhouse market is also strong. Due to the high prices of single-family homes, more buyers are opting to buy condos & townhomes. Average Price Sold is up in May 2021 vs year-over-year. Months of inventory was at an all time low.

If you’re thinking of selling and curious about the value of your home in today’s evolving real estate market, contact Rebeca Castellon Group today. We would be happy to provide you with a no pressure home valuation and help you reach your real estate goals!

Connect with us:
Rebeca Castellon Group
305-600-8493
Rebeca@Property305.com

Instagram: Rebeca Castellon Group
LinkedIn: Rebeca Castellon
Facebook: Rebeca Castellon Group

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