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South Florida: December 2018 Market Stats

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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. ...

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South Florida

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European and Canadian investors now account for a much bigger share of foreign investment in the residential and commercial markets in South Florida, according to a report by the National Association of Realtors (NAR) and data provided by Real Capital Analytics (RCA). And Asian countries remain engaged in the area. Singapore has been among the top five investors three times in the past three and a half years, and China accounted for the second largest source of foreign investment in ...

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