January 27, 2014
The Miami real estate market ended 2013 with solid price increases. Even with more homeowners listing their properties, strong demand continued to drive price appreciation.
The median price of a single-family home in Miami-Dade County increased 15 percent in December, compared to December 2012. It rose 5.9 percent, compared to the previous month. Single-family home sales were up 9.8 percent in December, compared to December 2012. Sales rose 16 percent, compared to November 2013. The median price of a Miami condo increased 7.4 percent and sales rose 2.2 percent, on a year-over-year basis.
If you are interested in buying a home or listing your Miami home for sale, contact Niki Higgins at 1-888-242-4422.
Source: Miami Herald
