The graph above shows all Single Family Homes on the MLS in Dade County (between $500K-$800K).
Just 14 months ago…
In the $500K-$800K Single Family price range, there was 17.8 months of single family inventory. (This means that it would have taken 17.8 months to sell all of the available Single Family Dade County Homes (that were then listed on MLS between $500K-$800K) if no other homes came on the market
There is only 7.8 months of Dade County Single Family Home inventory on the market in the $500K-$800K price range.
At 6 months of inventory, the market is neither a buyer’s nor a seller’s market. It is considered a balanced market. It just goes to show how much the Miami real estate market has changed over the last few years (when there were inventory levels as high as 47 months in this price range at the end of 2007!)
ShowcaseMiami Realty specializes in assisting homeowners to Sell their Miami home.
(Highest price in the Shortest period of time)
To discuss a strategy for your home, call…
Broker (Seller Specialist)