Miami Real Estate Market continues to show its consistent and strong performance now also in the light of the Top International Luxury Residential market. For the second year in a row, Christie’s International Real Estate has included Miami on its Top 10 list of global luxury residential markets. Miami’s edge in this market is that from an International perspective, our prices are very reasonable and affordable. And although Miami-Dade’s million-dollar-plus residential sales have risen to a record 190 closed sales, on average, per month, South Florida remains affordable, according to the Miami Herald Sixty-one percent of the single-family homes and 69 percent of the condominiums in Miami-Dade County are selling under $300,000. And the median price of a single-family home in Miami-Dade for the three months ending July 2014 was $251,000. * Miami Herald.
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