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Great News for the West Kendall Condo Market - INVENTORY LEVELS DECLINE!

By
Real Estate Agent with Berkshire Hathaway Florida Realty 3054999

Facts & Trends July 2009 33173

 

 

 

 

 

 

 

 

 

 

 

 

Date MAY 2008 JULY 2009
For Sale 235 145
Sold 10 5
Pended 11 20
Mon of Inv. on Sold 23.5 29
Mon of Inv. on Pended 21.4 7.3
Avg. Act Price $233 $167
Avg. Sld Price $202 $192
Avg. Sq. Ft. Price $142.44 $133.22
Sold/List Diff. % 93% 96%
Days On Market 161 47
Median Price $188 $195

Great news for the West Kendall Condo market!  The criteria used for this report included condominiums and townhomes in the 33173 zip code.  Watch for even better reports in the coming months based on an 81% increase in pending sales.  Note also a, Median Price increase of $7.00/sf.... For assistance in buying or selling contact EWM Realtors Agent, Monica LoMonaco at lomonaco.m@ewm.com or visit www.ResidenceMiami.com. Certified Luxury Home Marketing Specialist and Chairman's Club (top 2% of realtors nationwide).

Information provided is deemed to be accurate yet not warranted.  Source:  Miami Dade County Tax Rolls.