Double-digit growth in sales of Miami-Dade homes and condos

Miami is also seeing strong demand at mid-price points in both existing single-family homes and condos." Median sale prices for existing Miami-Dade county single-family homes rose 12.5 percent in June to $315,000, according to the newly-released data. Existing condominiums increased 7.3 percent to $220,000.

In Miami-Dade County, single-family home sales grew 14.2 percent last month compared to February 2014, the Miami Association of Realtors said. Single-family home sales were up nearly 2 percent.

Third quarter sales rose in all three counties in South Florida, year-over-year, after months of home sales increases. Home prices also continued growing in Miami-Dade, Broward and Palm Beach.

"The double-digit growth in traditional real estate sales is a sign of continued strength in Miami’s real estate market," said 2013 MIAMI Association of REALTORS Residential President.

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Miami-Dade County saw a 55 percent year-over-year gain in pending condo. Sales of single-family homes in Miami-Dade also rose 20 percent, year-over-year, in February, to 1,498 new contracts from to.

Homes sales in Miami set a new record in 2012 and prices saw double digit growth, boosted by overseas buyers, according to the latest data from the Miami Association of Realtors. Year end sales of single-family homes in Miami-Dade County rose 7.9% compared to 2011 and condo sales were up 1.2%.

Buyers had less of an appetite for homes in South. months at the current sales pace. That’s a seller’s market. For existing Miami-Dade condos/townhouses, sales dropped 18.3 percent – the 10th.

Miami – March 24, 2015 – (RealEstateRama) – Miami single-family home sales registered double-digit growth in February, and all residential median sale prices continued their more than three years of gains, according to a new report by the 35,000-member MIAMI Association of REALTORS (MIAMI) and the local multiple listing service (MLS) system.