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!
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.
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