The growth of real estate sales in Miami in 2018 - 2019

According to data provided by the Association of Miami realtors, sales of single-family homes and condominiums in October 2018 also continue to grow. In General, the real estate market is seeing an increase in transactions for the sale of 9.5% from 2476 in October 2017 to 2712, in October.

compared to October of the previous year the number of transactions regarding the purchase and sale of single family homes in Miami increased by 13.6%. If in the same month of 2013, they accounted for 1060 transactions, in October of this year their number is 1204. The number of transactions for the purchase and sale of condominiums increased by six and a half percent, that is, if a year ago they accounted for 1415 deals, today – 1505.

on average, buying a home in Miami costs about 240 thousand dollars, and the purchase of the condominium – 185 thousand dollars. Over the past year, buying a home and condominium grew by 9.1% and 8.8%, respectively.

According to statistics from the National organization of realtors, in General, the number of sales of all types of properties in Miami from September 2018 to October 2018, increased by a half percent, and since October of the previous year to October of the current – 2.5%. Read the NUMBER of PROPERTY SALES IN SPAIN IN the FIRST QUARTER of 2019 ROSE