Monday, May 12, 2014

1Q 2014 Singly Family House Report By Area

1Q 2014 Singly Family House Report By Area
North Miami
Single family sales rose sharply. There were 43 sales, 22.9% more than in the same quarter last year.
Miami Beach
Single-family price indicators jumped with larger sized sales. Median sales price jumped 62.3% and average square footage rose 12.6% respectively.
South Beach
Single family price indicators surged. Median sales price jumped 49% to $3,575,000 as the volatility form a unique submarket continued.
Downtown & Brickell
Single family sales expanded as price indicators rose sharply. There were 1,567 sales, up 7.5% as median sales price rose 13.8% to $227,500.
South Miami
Single family price indicators continued in the rise. Median sales price expanded 15.1% to $677,500 as number of sales edged up 1.9% higher to 268. * To see full report go to Douglas Elliman Real Estate.
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