Double-digit growth in sales of Miami-Dade homes and condos

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According to the Miami Association of Realtors, luxury home sales in Miami posted double-digit gains while. to inhibit further growth of the existing condominium market. Of the 9,307 condominium.

Growth in New Listings Listings of single-family homes saw a striking growth of 24.4 percent up to 1,625 new listings in December 2013 from 1,306 during the same period in 2012. Further, condominium.

Miami-Dade County set an all. Prices Rise for All Properties Median sale prices for single-family homes jumped 14.5 percent, increasing from $262,000 to $300,000. Existing condos experienced 5.7.

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Double-digit growth in sales of Miami-Dade homes and condos.. A tiny condo in South Beach sold for $258,000 last monthA South Florida property investor owned the unit for just three months but walked away with a $96,000. Double-digit growth in sales of Miami-Dade homes a. Panama Papers.

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"The double-digit growth in traditional real estate sales is a sign of continued strength in Miami’s real estate market," said 2013 MIAMI Association of REALTORS Residential President.

Miami-Dade Residential sales jumped 35.7 percent year-over-year to 2,019 closings. Condo sales increased 29.5 percent to 1,041, while home sales rose by a whopping 43 percent to 978.

The median sales price for homes in Miami for Mar 20 to Jun 19 was $315,000 based on 2,616 home sales. Average price per square foot for Miami was $231, an increase.

Homes sales in Miami set a new record in 2012 and prices saw double digit growth, boosted by overseas buyers, according to the latest data from the Miami Association of Realtors. Year end sales of single-family homes in Miami-Dade County rose 7.9% compared to 2011 and condo sales were up 1.2%.

2013:Q4 Real Estate Market Report Miami-Dade County Robert D. Cruz, PhD, The pace of condo sales appeared to slow considerably in the 2. nd. half of 2013, but. and marking 9 consecutive months of double-digit growth.

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