email-blast-header---january-2020-CONDOMINIUMS

Condominium Market Update – January 2020

Condominium Market Update – January 2020Neighborhood Comparison Inventory levels continue to decline across all markets compared to the previous month. Edgewater once again decreased its inventory level by almost 2 months from December 2019 and by almost 11 months from a year ago. Significant inventory level drops also took place in South Beach and Sunny Isles Beach where time…

email-blast-header---january-2020-single-family-homes

Single Family Market Update – January 2020

Miami Single Family Update – January 2020Neighborhood Comparison Data Source: SEF MLS, January 19-20, 2020 Active listings increased slightly in Miami Shores and Palmetto Bay from a month ago but a majority of surveyed markets have a significantly lower number of active listings compared to a year ago. Neighborhoods with largest active listings year-over-year reductions include Palmetto Bay (-11.6%), Miami Shores (-13.0%), Coconut Grove (-13.4%), Upper East…

email-blast-header---december-2019-single-family-homes-&-condominiums

Condominium Market Update – December 2019

CondominiumNeighborhood Comparison Data Source: SEF MLS, December 27, 2019 As the year-end approaches, many unsold listings are expiring compressing the inventory levels. Most of the surveyed markets have their inventory levels lower compared to not only the last month but also a year ago. The sole exception is Aventura, where the inventory level increased by 3.0% to 20.4 months…