Realty Times - Miami, Florida Real Estate Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Florida > Miami
Biscayne Corridor - Miami Springs - Morningside - Watson Island

Market Conditions Summary for Miami, Florida

Reported by

Michael Sahlman
as of 7/12/2009:

829 homes and condos sold in April with sales prices that were 89% of asking price. The average sales price was $510,000 and the median price was $280,000 and stayed on the market for 128 days. Call 1-800-639-3520 Ext. 9009 for Free Reports on Miami... MORE->
About Michael Sahlman

Reported by

Millie Rojas
as of 7/12/2009:

Florida's existing home sales increased in March, making it the seventh month in a row that sales activity demonstrated gains in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors�... MORE->
About Millie Rojas

Reported by

Beatriz Portela
as of 7/6/2009:

Overall, the HOUSES LISTED FOR SALE decreased relative to last year. In May 2009 there were 11,236 compared to 16,833 in May of 2008. The NUMBER OF HOUSES sold in May 2009 was 729 compared with 506 in May of last year. Inventory is down and sales... MORE->
About Beatriz Portela

Reported by Ashton Coleman as of 7/5/2009:	Call Toll-free at 1-888-38-DREAM/37326 any time to chat Miami & the Beaches Local Market Conditions and STATS.....Now is an ideal time to buy Miami real estate! WHY? We are DIRT CHEAP! Great inventory, low interest rates (for those who need... MORE-> About Ashton Coleman
Watch one of my Television commercials.

Reported by

Vilmar Pires
as of 6/1/2009:

Sellers are offering thousands of dollars in incentives to tempt you to buy. Prices are flat. Interest rates are still historically low. Sounds to me like the buyer who has been waiting on the sidelines needs to get off the fence and pull out his... MORE->
About Vilmar Pires

Reported by

Valeria Grunbaum
as of 4/15/2009:

Los precios han ido bajando en los ultimos meses pero se ha visto un movimiento mayor en la colocacion de contratos por lo que la unidades de menor precios estan incluso en algunos casos recibiendo mas de un contrato y eso puede llevar como... MORE->
About Valeria Grunbaum

Reported by

Ron Fillion
as of 2/1/2009:

Single family homes Sold in Jan. 09 Dade All prices ... MORE->
About Ron Fillion

Reported by

Shelia Ferguson, P.A. Broker-Assoc., GRI
as of 1/23/2009:

Downtown condo market Inventory is down 11.3% compared to December of 2007 with closed sales up at 100% and pending sales up 23,6%. The average sales price declined by 41% and is at an average of $241.24 per square foot. Months of inventory is... MORE->
About Shelia Ferguson, P.A. Broker-Assoc., GRI

Reported by

Tom De Mello
as of 1/15/2009:

A buyer's market is characterized when there is an oversupply of inventory like the one that is experienced today. This mean plenty of opportunities for buyers as prices have adjusted down considerably and real sellers are motivated. Will they... MORE->
About Tom De Mello

Reported by

Monica Botero, ABR,CRS
as of 1/15/2009:

We are in a "Buyer's Market". This month's MARKET REPORT features zip code ranking of the average number of days it took to sell single family homes in Dade County. Out of 40 zip codes in this analysis, the fastest selling went to 33056 where... MORE->
About Monica Botero, ABR,CRS

Average Current Market Rating: 1.5 (10 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 1.7 (10 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > Florida > Miami
Biscayne Corridor - Miami Springs - Morningside - Watson Island

Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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