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

Condominium Market Update – January 2020

[vc_row][vc_column][vc_empty_space height=”20px”][vc_single_image image=”1871″ img_size=”large” alignment=”center” onclick=”link_image”][vc_column_text]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 to sell…

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

Single Family Market Update – January 2020

[vc_row][vc_column][vc_empty_space height=”20px”][vc_single_image image=”1863″ img_size=”large” alignment=”center” onclick=”link_image”][vc_column_text]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 Side (-15.0%), and Kendall (-15.1%). Median…