Miami Real Estate Posts 7th-Best March in County …

Did You Know? - MIAMI REALTORS®Broward County Total Pending Sales Rise for Third Consecutive MonthMiami Real Estate Posts 7th-Highest Total Home Sales Month in History ...

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Miami Real Estate Posts 7th Best March In County History; Total …

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In March 2023, a total of 2,513 homes were sold in Miami, marking the seventh-highest March in county history. Total sales for March 2023 increased 8.6% compared to March 2019, prior to …

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Despite Runaway Inflation, Greater Miami Condos Keep Selling In …

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Apr 21, 2022 · POST RELEASES. DONE DEALS. MARKET REPORTS. Property LISTINGS. ... Best March Sales Month in Miami History. Miami-Dade County total home sales rose 5% year …

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Broward County Total Pending Sales Rise For Third Consecutive …

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Apr 21, 2023 · Nationally, total housing inventory at the end of March was 980,000 units, up 1.0% from February and 5.4% from one year ago (930,000). Unsold inventory sits at a 2.6-month …

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FAQs about Miami Real Estate Posts 7th-Best March in County … Coupon?

What is Miami-Dade County real estate doing in April?

MIAMI — Miami-Dade County real estate posted its 7 th -highest total existing home sales month in history and its second-best April sales month ever, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. ...

Why did Miami single-family home sales decline 9% year-over-year?

Miami single-family home sales decreased 9% year-over-year, from 1,550 to 1,411, because of low inventory. Miami existing condo luxury ($1-million-and-up) sales surged 40.4% year-over-year to 389 transactions. Miami single-family luxury transactions decreased 14.1% year-over-year to 268 sales in March 2022. ...

What is the economic impact of a Florida home sale?

The total economic impact of a typical Florida home sale is $90,300, according to NAR. Miami-Dade County sold 3,939 homes in March 2022 and therefore had a local economic impact of $355 million. Miami total dollar volume totaled $3.4 billion in March 2022. ...

Why does Miami have a high percentage of cash buyers?

The high percentage of cash buyers reflects Miami’s top position as the preeminent American real estate market for foreign buyers, who tend to purchase with all cash as well as some moving from more expensive U.S. markets who can buy more with their profits from real estate sales. ...

Are condo prices rising in Miami?

Miami single-family median prices have risen for 124 consecutive months (10.33 years), the longest running-streak on record. Existing condo median prices increased 31.1% year-over-year, from $305,000 to $400,000. Condo median prices have increased in 126 of the last 130 months. ...