Miami-Dade
Overall, residential sales in Miami-Dade dropped 6.2 percent to 2,081. The total residential sales volume in December fell by 5.6 percent to $928.8 million.
Miami single-family home sales decreased 5.1 percent 1,011 last month. Condo sales dropped to 1,070, a decline of 7.3 percent.
Prices of single-family homes kept rising, with the median price increasing by 6.7 percent to $355,000. The median price of a condo was flat at $235,000.
Broward
Total residential sales also fell in Broward County, down 10.3 percent to 2,357. Single-family home sales were down 11.2 percent to 1,147, while condo closings declined by 9.6 percent to 1,210. The total sales volume in Broward in December totaled $762.7 million, an annual decline of about 11.3 percent.
The median sale price for a single-family home rose slightly, by 3 percent, to $350,000, while condo prices fell by 3 percent to $160,000.
FEB
2019