Miami Real Estate Update Miami Beach Single Family Homes 122017

Miami Real Estate Update Miami Beach Single-Family Homes 12/2017

Miami Real Estate Update Miami Beach Single-Family Homes 12/2017

Miami Real Estate Update Miami Beach Single-Family Homes 12/2017

Actives: 448 active homes on the market (edit, I said 445, at the time it was 448)
Just Listed: 13 new homes
Under Contract: 23 homes under contract
Expired: 219 homes didn’t sell this year
Sold: 229 homes sold year to date

23 homes sold for $600K and less
18 homes sold from $600K to $800K
30 homes sold from $800K to $1M
52 homes sold from $1M to $1.5M
24 homes sold from $1.5M to $2M
29 homes sold from $2M to $3M
30 homes sold from $3M to $5M
27 homes sold at $5M and up

Month’s of Inventory:  7.3 Months
7 month’s of inventory $600K and less
14 month’s of inventory $600K to $800K
6.6 month’s of inventory $800K to $1M
18 month’s of inventory $1M to $1.5M
28 month’s of inventory $1.5M to $2M
26 month’s of inventory $2M to $3M
25 month’s of inventory $3M to $5M
59 month’s of inventory $5M and up

To truly understand how to position your home to sell, it’s important to know the market. If you consider each price point in the Miami Beach real estate market.

WHAT’S NEXT?

Miami Beach real estate is very desirable. Whether you are buying property as your primary home, an investment, or a vacation property, there is something for every buyer in this city. Lincoln Road is the hub of the Miami Beach real estate area and where locals and tourists collide.  Miami Beach property is so unique and diverse much like the people who purchase property here.  People from all over the world and US citizens alike love Miami Beach, and this is what keeps our market flowing and unique fabric of our city alive. The real estate in this city is very diverse and our site has a lot of information about Miami Beach luxury real estate, Miami Beach houses for sale, Miami Beach waterfront real estate, the Miami Beach real estate market and the Miami Beach real estate market trends.

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