Miami - Rava Realty

Miami

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It was another strong quarter for residential real estate values in Miami-Dade County.
As it has been the case for the last 12 quarters, median sales prices for both single-family homes and condos went up, according to a report from the Miami Association of Realtors.
The median sales price for a single-family home was $250,000 in the first quarter of 2015, up 1.6 percent compared to the last quarter of 2014 and up 8.7 percent compared to the first quarter of 2014. The median sales price for a condo was $196,500, up 3.4 percent compared to the last quarter of 2014 and up 4.8 percent year-over-year.

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