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  2. Miami Market Report – January 2021

Miami Market Report – January 2021

 

The Miami real estate market is HOT!

The average sold price for single-family homes has more than doubled within the past 5 years to $921K. January 2021 had the lowest inventory levels and the highest number of pended (under contract) homes for a January within the past 5 years. The increase in average sold price is driven by people buying more expensive properties – especially above $2 million.

The condo & townhouse market is also strong. January 2021 was the highest average sold price and pended (under contract) units for a January within the past 5 years. Months of inventory was at lowest level within the same time period.

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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  2. Miami Market Report (Covid-19 Updated): April 2020

Miami Market Report (Covid-19 Updated): April 2020

April 2020 was the first full month under the Covid-19 quarantine. The number of units sold declined and inventory levels increased. However, average price sold was up for single-family homes and condos. For full report click here.

When everything is said and done, the market keeps moving. At the end of the day, we all need a place to call home.

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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  2. Miami Market Report June 2019

Miami Market Report June 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.

See Full Market Report Here

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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