Miami Real Estate Sales Rising

Miami condo sales were up 46 percent in the first quarter of 2010. 1,920 units sold, up from 1,311. The median sales price slid, however, by 9 percent to $136,100 from $149,000. Single-family home sales rose by 12 percent to 1,530, up from 1,372. The median sales price for homes fell 6 percent from $203,700 to $191,200.

In Florida 16,897 condos sold in the first quarter, rising 67 percent from 10,131 compared to the same period the previous year.

In Fort Lauderdale single-family home sales were up 7 percent, rising from 1,647 homes sold to 1,756. The median sales price fell from $210,200 to $196,700 or 6 percent.

Condo sales in Fort Lauderdale rose 45 percent from 1,893 to 2,739 units sold. Prices fell 15 percent, however, from $84,100 to $71,900.

This continues the trend in both Counties of dramatically increased home sales and drop of real estate inventory while prices stabilized. The data is provided by the Realtor Association of Greater Miami and the Beaches (RAMB) and the Southeast Florida Multiple Listing Service (SEFMLS)

###

Click here for more information: Miami Real Estate

About Brosda & Bentley Realtors®

Brosda & Bentley Realtors® is the premier Miami real estate resource for home buying, home selling, financing and property listings in Aventura, Sunny Isles Beach, Golden Beach, Bal Harbour, Surfside, Miami Beach and Downtown Miami. Whether it's a house an estate, beachfront mansion, luxurious oceanfront condo, pristine pre-construction, commercial or any other type of property, a Brosda & Bentley™ Real Estate Consultants can assist you with all your real estate needs in the Greater Miami area and the Beaches. Brosda & Bentley Realtors® is specialized in luxurious developments like Acqualina, Apogee South Beach, Continuum Towers SoBe, Fisher Island, Fontainebleau, Gansevoort SoBe, ICON South Beach, Jade Beach, Jade Ocean Sunny Isles, Ocean IV, Trump Palace, Trump Royale, Trump Hollywood, Trump Towers Miami, Turnberry Ocean Colony, Ten Museum Park, St. Regis Bal Harbour, Portofino Tower, St. Tropez Condo Sunny Isles Beach and many, many more.

On a worldwide scale Brosda & Bentley™ is a leading professional real estate services firm specializing in marketing planned unit developments, residential and commercial properties located in exclusive real estate markets throughout the globe.