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The increasing demand fuels the Miami housing market

15.05.2012
Homesoverseas.ru editorial office
39
In the first quarter of 2012, there was a predominance of demand over supply in the Miami real estate market, which stimulates price growth, according to an online source Property Wire, with reference to the latest data from the Miami Association of Realtors.

In the first quarter, experts note a decrease in the number of offers and an increase in demand and cost of housing in Miami-Dade County in the state of Florida. During this period, the average cost of a single-family home increased by 14% compared to the same period in 2011 and amounted to $174,799. Real estate in condominiums has risen in price by 38% on average over the year and now costs $129,500.

Despite a slight decrease (1%) in sales in the first quarter of 2012 compared to the previous quarter, sales in Miami remain high due to foreign buyers and investors. For the year, sales of single-family homes increased by 4.1%, while sales of properties in condominiums fell by about 4%.

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57 351 €
2 bedrooms
build area 67 sq. m
plot area 4500 sq. m
negotiable price
garage
downtown area
selling by owner
from 7 994 681 €
3 bedrooms
build area 418 sq. m
pool
furniture
terrace
seller: NF Group
from 934 372 €
3 bedrooms
build area 158 sq. m
furniture
seller: NF Group