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July 2019 Monthly Single Family Home Report

Miami Real Estate Report, July 2019 Statistics
KEY NUMBERS (Compared to July 2018)

· Number of Condo Sales down 0.4%
· Number of Single Family Sales up 15%
· Median  Condo Price - up 2.7%
· Median Single Family Price up 0.7%
· Inventory (# of listings)
          Condos up 1.3%
          SFH up 2.7%

 

No big surprises but some good news. Single family home sales were up 15% with condo sales basically flat but in the $300,000 to $400,000 range condo sales were up 17.6% and over $1 million up 16%, and dollar volume up 2% compared to last July. For Single Family Homes new pending sales were up a strong 8% and closed sales over $1 million were up a whopping 23%. Median price, year to date—up 3.2%. To see the full detailed Condo and Single Family Reports with data going back through 2015, click on the links below. Stay up to date with the market. I will send a monthly report the same day the official Local, State and National numbers come out.

SELLING COASTAL MIAMI TO THE WORLD!

Ralph E. De Martino -- Aura Cecilia Rengifo ,
Ocean International Realty
5151 Collins Ave., Suite 227
Miami Beach, FL 33140

Phone 305.695.1105
Fax 305.328.4690
ralph@OIRmiami.com