Videos by Daniel Hernandez, Miami Realtor in Miami. REALTORยฎ; Licensed at Douglas Elliman Real Estate
Market Report - Miami, FL 33157
๐ก๐ Market Update ๐๐ก
๐
Date: October 2023
๐ข Company: Douglas Elliman Real Estate
๐ City: Miami, FL 33157
๐ Attention Buyers and Sellers! Here's an update on the current market trends in Miami, FL:
Months Supply of Inventory: Currently, there is a 2.47 months supply of inventory in Miami. This indicates a balanced market, offering opportunities for both buyers and sellers. Over the last 12 months, the Months Supply of Inventory has decreased by 28.61%, indicating a growing demand for properties in the area.
Median Days on Market: On average, properties in Miami are spending 39 days on the market before getting sold. This indicates a healthy pace, providing both buyers and sellers with reasonable timeframes to make informed decisions.
Median Sold Price: The median sold price for properties in Miami is currently $600,000. This figure represents the middle point of all sold properties in the area, giving you an idea of the market's pricing trends.
Whether you're looking to buy or sell, these market trends in Miami, FL provide valuable insights into the current real estate landscape. As a trusted REALTORยฎ at Douglas Elliman Real Estate, I'm here to help you navigate these trends and guide you towards making informed decisions. Feel free to reach out to me for personalized advice tailored to your specific needs.
#carterhernandezgroup #realestateexpert #realtor
#Miamirealestate #MarketUpdate #DouglasEllimanRealEstate #RealEstateTrends
๐ก๐ Market Update ๐๐ก ๐ Date: October 2023๐ข Company: Douglas Elliman Real Estate๐ City: Miami, FL 33157 ๐ Attention Buyers and Sellers! Here's an update on the current market trends in Miami, FL: Months Supply of Inventory: Currently, there is a 2.47 months supply of inventory in Miami. This indicates a balanced market, offering opportunities for both buyers and sellers. Over the last 12 months, the Months Supply of Inventory has decreased by 28.61%, indicating a growing demand for properties in the area. Median Days on Market: On average, properties in Miami are spending 39 days on the market before getting sold. This indicates a healthy pace, providing both buyers and sellers with reasonable timeframes to make informed decisions. Median Sold Price: The median sold price for properties in Miami is currently $600,000. This figure represents the middle point of all sold properties in the area, giving you an idea of the market's pricing trends. Whether you're looking to buy or sell, these market trends in Miami, FL provide valuable insights into the current real estate landscape. As a trusted REALTORยฎ at Douglas Elliman Real Estate, I'm here to help you navigate these trends and guide you towards making informed decisions. Feel free to reach out to me for personalized advice tailored to your specific needs. #carterhernandezgroup #realestateexpert #realtor#Miamirealestate #MarketUpdate #DouglasEllimanRealEstate #RealEstateTrends