Miami Beach, Florida 12/23/2009 11:33:41 PM
News / Business

Miami-Dade Real Estate Inventory Drops 41 Percent

The Miami real estate market has experienced a surge in sales each of the last 16 months

The inventory of listings in Miami-Dade County according to the Southeast Florida Multiple Listing Service has dropped more than 41 percent in the last 15 months - from 43,095 to 25,415 – and November 2009 brought a 2.8 percent decrease in just one month. Nationally, total housing inventory at the end of November declined 1.3 percent from the previous month.

According to the Southeast Florida Multiple Listing Service, the average sales price for residential properties that sold in Miami-Dade County in November 2009 was $317,441 for single-family homes and $248,528 for condominiums - an increase of 5.2 percent and a decrease of only 10 percent respectively compared to the previous year.

The Brosda and Bentley website features more than 50,000 real estate listings. Users can search the MLS for free for the most comprehensive real estate data available.

Sunny Isles Beach Real Estate - http://www.sunnyislesbeachbroker.com/

Miami Real Estate - http://www.miamijustlisted.com/

International Real Estate - http://www.brosdaandbentley.com/

 

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