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  2. Miami Market Report March 2021

Miami Market Report March 2021

 

There is an incredible demand for Miami real estate, and it keeps reaching new highs.  

Single-Family Homes March 2021 The average price sold for single-family homes went up year-over-year by +83% to $1.05 million. Months of inventory was at an all time low and number of pended (under contract) homes was at an all time high. The single-family home market is on fire and we are seeing a lot of activity in the homes above $5 million. Condos & Townhomes March 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. March 2021 was the highest average sold price and pended (under contract) units has increased by 245% year-over-year. Months of inventory was at lowest level within the same time period.

Click here for full report

Looking to move? Call us first. We are the real estate specialist.

Connect with us:
Website: https://www.property305.com​​
Instagram: https://www.instagram.com/rebecacastellongroup/
Facebook: https://www.facebook.com/rebecacastellongroup

Rebeca Castellon Group
305-600-8493
Rebeca@Property305.com

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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.

Looking to move? Call us first. We are the real estate specialist.

Connect with us:
Website: https://www.property305.com​​
Instagram: https://www.instagram.com/rebecacastellongroup/
Facebook: https://www.facebook.com/rebecacastellongroup

Rebeca Castellon Group
305-600-8493
Rebeca@Property305.com

 

 

 

 

 

 

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

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

 

Learn about what’s happening in the residential Miami real estate market: how many listings entered the market, went under contract and sold, what’s happening to prices, how does this March compare to last year. Quick guide to the main stats.

 

 

 

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