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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