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Miami Market Report June 2019

July 29, 2019

Single-Family Home. The Average Sale Price was $532,795 in June 2019.  It experienced a decline of -10.2% vs 2018.  However, it is still the second highest value for the month of June within the past 5 years. The Median Price increased to $370,000.  The number of Closed Sale decreased by -11.8% to 1,266 vs last June.  The Closed Sale $ Volume decreased by -20.2% vs June 2018 to $678 million.

 

Condos & Townhomes.   The Average Sale Price was $389,350 in June 2019. It experienced a decline of -10.2% vs 2018.  However, it too was also the second highest value for the month of June within the past 5 years. The Median Sale Price increased to $250,000.  The number of Closed Sale decreased by -12.6% to 1,221 vs last June.  The Closed Sale $ Volume decreased by -20.0% vs June 2018 to $480 million.

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