Tag Archives | Fifteen Months

Miami Condo Prices on the Rise

Miami, Florida
February 7th, 2010

Miami Condos price averages bottomed in April 2009 at $176.00 per square foot, and have risen for the past several months. The affordability of housing has increased dramatically and this has become good news for investors and first time buyers alike!

The quarterly average price per square foot has dropped dramatically over the last fifteen months. We have compared the first three months (10/2008 – 12/2008) average of $223.00 to … Read More

Foreclosure & Bank Owned Single Family Homes in Miami, Florida

February 7th, 2010

Bank owned properties are often the best opportunity to purchase Miami bank owned single family homes, which are sometimes referred to as foreclosure, Real Estate Owned or REO.

The quarterly average price per square foot has dropped dramatically over the last fifteen months. We have compared the first three months( 10/2008 -12/2008) average of $161.00 to the last three months (10/2009 – 12/2009) average of $150.00 for a drop of over 6%. … Read More

Record Cold Wave as the Miami Condo Market Heats Up!

January 13th, 2010

As we Miamians dig out of a ten day cold snap…the Miami Condo sales statistics for 2009 are heating up.

The quarterly average price per square foot has dropped dramatically over the last fifteen months. We have compared the first three months (10/2008 – 12/2008) average of $223.00 to the last three months (10/2009 – 12/2009) average of $195.00 (see chart below) for an amazing drop of over 12.5%. Many of the … Read More

Miami-Dade County Condo Prices Hit Bottom?

Miami, Florida
December 10, 2009

Miami Condo price averages bottomed in April 2009 at $176.00 per square foot, and have risen for the past seven months. The affordability of housing has increased dramatically and this has become good news for investors and first time buyers alike!

The quarterly average price per square foot has dropped dramatically over the last fifteen months. We have compared the first three months (9/2008 – 11/2008) average of $242.00 to … Read More

Coral Gables Single Family Homes For Sale

Coral Gables, Florida
December 9, 2009

Coral Gables home sales statistics show that the available inventory has dropped from an eighteen (18) month supply fifteen months ago to just over a twelve (12) month supply now. This as we enter our Winter selling season. Typically an absoption rate of over twelve months is a buyers market with six to twelve months being an equilibrium market with an balanced supply of buyers and sellers. This is … Read More

Miami-Dade County Condo Prices Rise to $194.00 Average per SqFt

Miami Condos price averages bottomed in April 2009 at $176.00 per square foot, and have risen for the paste five months. The affordability of housing has increased dramatically and this has become good news for investors and first time buyers alike!

The quarterly average price per square foot has dropped dramatically over the last fifteen months. We have compared the first three months (6/2008 – 8/2008) average of $306.00 to the last three months (6/2009 … Read More

Miami Condo Prices Rise to $198.00 Avg / SqFt

Miami Condos price averages bottomed in April 2009 at $176.00 per square foot, and have risen for the paste two months. The affordability of housing has increased dramatically and this has become good news for investors and first time buyers alike!

Please “Click Here” for a list of available Miami bank owned condos for investment as of July 22nd, 2009.

The quarterly average price per square foot has dropped dramatically over the last fifteen … Read More