Miami Real Estate shows signs of strong housing market

Real estate sales in Miami-Dade County show signs of a prosperous market thanks to an increase in mid-market and $1-million-and-up transactions. Dollar volume increases showing appreciation for property owners, while inventory decreases for properties that are priced correctly. There have been eight consecutive years of price appreciation in Miami. Miami shows that it is a seller’s market for Single-Family Homes, and a buyer’s market for condos due to a plethora of inventory and new construction projects. Compared to other international cities, Miami is considered a bargain when it comes to price per square foot. Here is a link to the full article from the Miami Realtors.

View of Brickell Condos