JC Guzman

Miami-Dade Housing Market Stats July 2022

Another month of declining RE market, we are entering in a Buyer’s Market - TIME to be a BUYER

* Total Homes 🏡 Sales Decreased -34.6%

* Single Family Homes Sales decreased -27.2%

* Condos/Townhomes transactions Sales decreased -39.1%

* Single Family dollar volume decreased -24.1%

* Condos/Townhomes dollar volume decreased -39.3%

* Total Active Listing decreased -12.7%

* Single Family Homes inventory sits at 3.1 Months still Seller’s Market

* Condos/Townhomes Inventory sits at 3.3 months, Seller’s Market

* Single Family Homes Median Sales Price increased 10.7% at $570,000

* Condos Townhomes Median Sales Price increased 11.8% at $380,000

• Short Sales & REO is only 1.7% of Closed Sales

Rock the Market 2022 at the guitar 🎸 Hotel!
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Miami Dade Real Estate 🏡 Market Stats - April 2022

• Total Homes Sales increased 13%
• S F Homes decreased 21.3%
• Condos/Townhomes transactions increased 7.4%
• Single Family Dollar 💵 volume decreased 28.5%
• Condo/Towhomes Dollar 💵 volume increased 6.6%
• Total active listings are down decreased 43.2%
• Single Family Homes inventory for 1.9 months
• Condos/Townhouses inventory for 2.3 months
• Single Family Homes median price increased 9.7% at $565,000
• Condos/Townhouses median price increased 20% at $390,000
• Short Sales & REO are only 1.3 % of closed sales.

Miami it’s still a strong Market, we are in a Seller’s Market
If you need to buy or sell your property in Miami Dade let us know, we can Help you, we are the Homes Experts 💪