Miami Homes Average 41 Days on the Market in December

Miami Homes  Average 41 Days on The Market in December 

Miami Homes Summary Dec 2013

The median number of days on the market for single-family homes sold in December 2013 was just over a month, 41 days compared with 42 in December 2012. In addition, the average sales price was 96.3 percent of the listed price, up from 94.2 percent the prior year, indicating that homes are being priced right. 

It took a little bit longer to sell a Miami-Dade condo in December.

Miami Condos Summary Dec 2013

For Condos the median was 52 days on the market, up from 46 days a year earlier, Miami Realtors said. Condos were sold at 97% of the listing price.

In Miami-Dade, the inventory of single-family homes jumped 16 percent from a year earlier and condos listings rose 27.2 percent year over year. Miami-Dade had a seven-month supply of condos listed for sale in December, shifting the balance more toward buyers compared with a year earlier when there was a 5.7-month supply. Experts consider a six-month supply to be a balanced market between buyers and sellers.

Call me now to schedule a complete presentation of the project. For Reservation please contact me at 954.254.6085 or email me at JuanSolerRealtor@gmail.com Time is always of the essence but much more in Pre-construction. Don't miss this window of Opportunity!

To Buy, Sell or Rent Properties in Miami go to http://www.JuanSolerRealtor.com