1. Home
  2. Miami Market Report: March 2022

Miami Market Report: March 2022

May 2, 2022

SINGLE-FAMILY HOMES

The average sold price for single-family homes in Miami-Dade in March 2022 was $1.05 million, up +4% year-over-year.  Fewer single-family homes were available for sale.  Hence, there were fewer number of closed sales.

Single-Family Homes: March 2022 vs year-over-year

Listed: 3,542 down -14%
Pended: 1,605 down -15%
Sold: 1,344 down -18%
Months of Inv: 1.5 no change
Avg Sold Price: $1.05 million up +4%

CONDOS & TOWNHOMES

More buyers are considering condos & townhomes due to low inventory of single-family homes and high prices.

Condos & Townhomes: March 2022 vs year-over-year

Listed: 5,474 down -17%
Pended: 2,774 down -7%
Sold: 2,368 down -1%
Months of Inv: 1.9 down -57%
Avg Sold Price: $761K up +24%

FULL Market Report March 2022

If you’re thinking of selling and are 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

Edit Search

  • Email Updates
  • Only Update me On
Close
Email Sent! Your email was sent succesfully
Close
Register
  • Thank You For Registering

    Just a few more details so we can help you

    (All fields are required)

    When are you looking to purchase?
  • Thank You For Registering

    Just a few more details so we can help you

    (All fields are required)

    Need assistance with financing?
  • Thank You For Registering

    Just a few more details so we can help you

    (All fields are required)

    Need to also sell your property?