miami beach home for sale: Quarter 1 Market Report for Miami Beach 2012
- 04/03/12 12:19 AM
Total inventory in Quarter 1 of 2012 is down to just 69% of last years 2732 total active listings. With a total of 1602 Condominium units for sale and 289 Single family homes, priced from $30,000 for a beach cabana to $35m for a 6 bedroom penthouse at the Continuum, or a stunning 7 bedroom homeon Star Island Miami Beach has made a remarkable rebound from the housing crash. Bank owned properties, REOs, account for 2.6% of the listed properties and short sales just 5%, as opposed to the 14% they represented exactly one year ago. Sale prices are also up dramatically with condominiums up an incredible 30% (0 comments)