Miami-Dade Market Report $300K – $400K Range

July 9th, 2007 Categories: Cutler Bay, Kendall, Market Trends, Palmetto Bay, Pinecrest, Southwest Dade

If anyone thinks the market is changing in Miami-Dade county I’d like to present this visual. It is changing, but not for the better, it seems, at least in this price point.

This graph represents homes for sale in Miami-Dade County vs. Homes Sold. I limited the data to homes in the 300K to 400k range. Notice the change in the figures for last month. The inventory of homes for sale went up while the number of homes sold that month went down in comparison to the month before.

These figures illustrate how important it is to price your home correctly. The inventory home sellers are competing with is increasing while the available buyers is decreasing.

If you need more information on pricing your home for sale, please contact me for a free, no-obligation market analysis of your home’s value. I am here to help you with your real estate needs.

Spoken by Chris Hotz | Discussion: No Comments »

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