A monthly analysis about the sales and purchases behavior, allow you to make a better decision for buying or selling a property. The prices move according to the supply and demand, which determines if the market is for the buyer or for the seller.
According to Broward Council of the Miami Association of Realtors the single house property between of November 2014 – 2015, closed sale increase 17.5%, the number on pending transaction increase at 0.8%, median,sale Price increase 8.6%, and the median days on the market decrease 14.6.
The monthly supply of inventory is 4.5%, it shows that in November the market was a solid seller's market, due to a trend.
Some decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Thank you for the opportunity to provide you with this monthly information, and I look forward to answering any questions you may have and to the opportunity to be your real estate professional in the future.
Terrabella Realty is a boutique operation with over 1 Billion dollars of closed sales over the past 10 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.