Miami Single Family Update – Nov 2019Neighborhood Comparison Data Source: SEF MLS, November 13-14, 2019 Table above presents updated data for single family homes throughout Miami neighborhoods. East Kendall has the highest year-over-year increase in the median listing price of 15.3%. Coral Gables’ median listing price conversely dropped by 11.8% from November of last year. Although the listing prices themselves are…
Single FamilyNeighborhood Comparison Data Source: SEF MLS, September 9, 2019 Number of active single family listings decreased on all surveyed neighborhoods by an average of 10.6% with a sole exception of Key Biscayne where the active listings number increased by 5.2%. Most notable changes in median sale price in the last 90 days took place…
Single FamilyNeighborhood Comparison Data Source: SEF MLS, June 15, ,2019 Number of active listings increased in all markets above except Miami Beach and Upper East Side. Most notable increase took place in Miami Shores and Coral Gables with 24.2% and 22.3% active listing increase from October of 2018. Median asking prices dropped in Coral Gables…
Single FamilyNeighborhood Comparison Data Source: SEF MLS, May 20, ,2019 Inventory levels continue to steadily increase across all surveyed neighborhoods. Following 2 numbers behind each neighborhood represent inventory level as of October of 2018 and inventory level as of May of 2019: Coral Gables (9.2 months, 12.5 months), Pinecrest (10.4 months, 12.5 months), East Kendall…
Data Source: SEF MLS, Mar. 13, 2019 All five surveyed neighborhoods above continue to display decent growth especially the front-runners Little Haiti and Allapattah. Opa Locka and Hialeah lag behind but overall low inventory levels, ongoing strong sales velocities, and high sale/list ratios still make these good investment prospects.