Sunny Isles Beach Real Estate News: Miami-Dade Condo Sales Up 61 Percent

9, 164 pending homes sales in Miami-Dade County excelled 9 percent higher in February compared to  January and a 61 percent spike from a year ago.

Pending condominium sales in Miami-Dade County outshined sales of single-family homes, rising a staggering 10.2 percent in just one month from 4, 647 to 5, 122. Sales of single-family homes increased 8 percent from 3,741 to 4,042 in February compared to the previous month.

In 2009, Miami-Dade pending sales of condominiums increased 87 percent whilst pending sales of single-family homes rose 37.4 percent.

In Broward County pending home sales increased 4.7 percent from 7, 447 to 7,791 in the month of February. Pending condominium sales rose 4 percent from 4,137 to 4,343. Pending single-family home sales rose 5 percent from 3,310 to 3,448 compared to the previous month.

In 2009, Broward County pending single-family homes sales rose 36.3 percent, whilst pending condominium sales rose 89 percent. The total number of pending sales 62 percent in Broward County.

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