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The Miami-Dade County Market Report

By
Real Estate Agent with RE/MAX Hometown

Miami-Dade County represents Homestead, Florida City North to Aventura, Miami Lakes. We have the Miami Dolphins football team, the Florida Marlins and The World Champion Miami Heat. The weather consists of a low of 59 and a high in the low 90's. We are a diverse area made up of all nationalities. Latin, Hatian American and more. We are boarded by the Atlantic Ocean to the East and the Everglades to the West. Local hot spots like Coconut Grove, South Beach, Bayside and more. Great parks a number one Zoo (Metro Zoo) and more outdoor activities than you heart can desire.

The Single Family market consisting of single family homes has seen a drop in 2006. We have a total of 11,652 active listings on the market ranging in price from $57,000 to a high of $26,600,000. We have seen 6,334 properties close since the first of January 2006. We currently show 1,807 pending sales and 5,071 properties that have expired off the MLS. This means they did not sell in an average six month period.

The other part of the Single Family market consists of Condominiums, Townhomes and Villas. We have a total of 19,519 active listings on the market ranging in price from $55,000 to a high of $29,000,000. We have seen 22,262 properties close since the first of January 2006. We currently show 1,009 pending sales and 6,421 properties that have expired off the MLS.

We have over 30 years of experience in the local Real Estate Market. No one knows South Florida better than us. When you are thinking it's time to move South to warmer weather please do not hesitate to contact us http://www.PaveyGroup.com (888)992-1699. We are available 24 hours a day seven days a week for all your Real Estate needs.