miami dade county 2012 real estate market

July 24, 2012

Real Estate Market Update July 2012!

I am always trying to keep my readers and clients updated on the latest trends in our real estate market.  Interested in some important facts? In the chart above, you will see that the average price per square foot in Miami-Dade County is the highest it has been in the last 12 months.  The average price per square foot in Miami Dade-County has increased 19.6 % in the last 12 months. Of that, average prices in Dade-County have increased 9.1 % in just the last month! There has been a 28 % decrease in inventory in the last 12 months in Miami-Dade County. With only 5 months of inventory, as I predicted, we have been moving in to a seller’s market. […]