Mid-market Miami single-family homes posted increased sales in the third quarter as 17 Miami neighborhoods registered year-over-year home sales gains and median prices rose for the 19thconsecutive quarter, according to a new report by the 44,000-member MIAMI Association of REALTORS® (MIAMI) and the local Multiple Listing Service systems.
Miami-Dade County single-family homes in the mid-market — the $200,000 to $600,000 sector — had a 10.3 percent increase in sales in 3Q 2016, rising from 2,098 to 2,314. Gladeview (90.9 percent increase in sales), Coral Terrace (43.8 percent) and the City of Hialeah Gardens (80.0 percent) posted the highest single-family home sale gains among Miami neighborhoods in 3Q 2016.
“Demand for Miami real estate remains high,” said Mark Sadek, the 2016 MIAMI Chairman of the Board. “Miami has evolved from a beach town to one of the world’s most dynamic global cities. Homebuyers throughout the United States and the world are relocating their families here because of our exciting lifestyle, warm weather, diversified economy, quality schools and multicultural society.”
Author:Leo Gonzalez Phone: 786-501-5518 Dated: November 14th 2016 Views: 79 About Leo: We are a team of committed Real Estate professionals serving Miami-Ft Lauderdale and the other areas...
Terrabella Realty is a boutique operation with over 1 Billion dollars of closed sales over the past 12 years, We have experience in the South Florida real estate market and we have developed strategic alliances with Real Estate Firms in foreign countries like, Argentina, Colombia, Venezuela, Mexico, Ecuador, Canada, Russia, France, England and Israel, to name a few. We have over 80 sales associates ready, willing and able to assist on the sale of your property and we are experienced enough to help you price it right.