miamidade county: Miami Real Estate Market Report for May 2008 - 06/21/08 11:33 PM
In Miami-Dade County for May 2008, there were 1,004 closed sales. Currently, there are 42,956 condos and houses for sale in the county. 1,567 units are pending sale -meaning they went into contract. The average sale price was $496,000, however, the median price was $288,000. Average days on market was 134 … (4 comments)
miamidade county: Miami & Fort Lauderdale Real Estate Improving Since January - 06/14/08 06:51 AM
The real estate numbers have been improving for both Miami-Dade County and Broward County (which includes Fort Lauderdale) since the beginning of the year in both closed sales as well as pending sales (the number of transactions in contract).
I always find it humorous that the media seems to be consistently … (2 comments)
miamidade county: Miami and Florida Statistics for Distressed Properties and Foreclosures - 06/06/08 07:35 AM
As of May 11, 2008, the following statistics were found relating to distressed properties.
Miami-Dade County currently has 113,127 Preforeclosures, 38,786 Auctions and 10,122 REOs, which totals over 162,000 distressed properties. The Miami area is believed to be #4 in number of distressed properties.
There were an estimated 2,537,260 Pre-foreclosures, 1,518,436 … (0 comments)
miamidade county: Miami Real Estate Stalemate - 05/29/08 09:59 PM
We are in the midst of a stalemate where the sellers are not lowering their prices enough to sell, and the buyers are firm in their belief that the prices are not low enough. Also contributing to this is the perception that the market still has not bottomed out. With dire … (0 comments)
miamidade county: Bank-related transactions in April 2008 - 05/27/08 11:30 PM
At a recent sales meeting these numbers were shared with our office, which show how prevalent bank-related properties are in our marketplace in Miami-Dade County. Bank-related properties are defined as pre-foreclosures and REOs.
Single-Family Homes in Miami-Dade County
19% of all active listings are bank-related
29% of all closings are bank-related … (1 comments)
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In Miami-Dade County for May 2008, there were 1,004 closed sales. Currently, there are 42,956 condos and houses for sale in the county. 1,567 units are pending sale -meaning they went into contract. The average sale price was $496,000, however, the median price was $288,000. Average days on market was 134 … (4 comments)
