April 2, 2012
Miami Dade MLS Statistics (past 14 months)
All Price Ranges (Single Family, Condo, Townhome)
As the graph above indicates, the quantity of available listings for sale in Miami-Dade County continues to decrease. This is good for Sellers and signals increasing prices for 2012.
Given the dramatic reduction in inventory, bank appraisals are keeping price appreciation in check. Without the appraisals, this momentous swing in supply and demand would cause a sharper rate of appreciation (especially in highly sought-after areas such as Coconut Grove and Coral Gables where listings are attracting multiple offers).
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…
Jason Smith
Broker (Seller Specialist)
ShowcaseMiami Realty
www.ShowcaseMiami.com
786-326-8115