Residential listings in Miami-Dade County that pended in February rose 29 percent compared to the same period in 2011.
There were a total of 3,685 listings that pended ( in contract) last month. Despite the significant decline of housing inventory in the Miami real estate market, we continue to see rising demand for homes and condos on Miami Beach, in Sunny Isles Beach and Bal Harbour. Rising pending sales point to increased future demand locally, as Miami continues to attract U.S. buyers substantial international buyers, investors and second and vacation home buyers.
The February totals represented an increase of 14 percent compared to January 2012
Comments(0)