(data source: millersamuel.com)
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27
FEB
2024
FEB
2024
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Miami-Dade Contract Activity
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The monthly contract activity stood at 1,143 in May, down 34.8% compared to last year and up 1.2% from the 1,102 historical average for the month. The Median Sales Price is $1,023,000, at the moment, up 3.2% from last year. The supply, which is the number of units on the market, stands at 7,530, down 2.2% from a year ago. While the number of pending sales, which is the number of units currently in contract, stands at 3,332, ...
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19
JUN
2023
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JUN
2023
Miami-Dade New Signed Contracts
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Miami-Dade New Signed Contracts
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The number of agreements entered into recently has decreased month by month from August, with the number of new entries falling every month since June. However, the decreases in new contracts have been offset by the steep reduction in new listings since the summertime.
(source: millersamuel.com)
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20
FEB
2023
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FEB
2023
Some 421 contracts were signed across the city in August, up 109% from a year ago and 88% more than August 2019, according to a monthly analysis of new development sales contracts by Marketproof, a real estate analytics company.
Notably, the new development condominium market grew last month while the resale market had a month-over-month decline. Although 533 resale contracts were signed, which outnumbered August’s new developments condo contracts, that marked a –7% decline compared with July for the resale market. For new development condos, August’s activity was up 16% from July’s.
(source: therealdeal.com image: 130william.com)
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20
SEP
2021
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SEP
2021
According to a recent Zumper’s report, the city’s median rent for a one-bedroom apartment — $2,680 — is currently the second-highest in the nation, only $40 behind San Francisco’s $2,720, and New York City has seen much more growth than San Francisco in recent months.
The city posted a 4.3 percent month-over-month gain in median one-bedroom rent in July, making prices just 5.6 percent lower than they were this time last year; in comparison, San Francisco prices are currently down 15 percent compared to the previous year.
“With the COVID vaccine widely available, renters are adapting to a ...
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10
AUG
2021
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AUG
2021