Upward Trend for Miami Real Estate

The momentum is palpable.  The Miami real estate market is steaming up with international and domestic buyers looking to live in a global city with world-class amentities.

Here’s a brief market update on single-family homes and condominiums year over year in March, 2015.

• Miami sales are up 10%.
• Miami single family homes and condos continue to sell for close to the asking price
• Miami cash buyers represent more than twice the national average.
• Short sales continue to decline.
• Active listings have increased 8.2%.

Data provided by the Miami Association of Realtors

I am an estate specialist in Miami and your best source for news and information on real estate in Pinecrest, Coral Gables, South Miami, Coconut Grove, Brickell and Key Biscayne.  I welcome your call, text or email to schedule a buyer, seller or investor meeting.  305-898-1852   Wellins.D@gmail.com