Miami-Dade County Real Estate Stats (Short Sales, REO's, Etc)

Below are many stats on the real estate market in Miami-Dade County. This report includes statistics on current and past inventory, short sales, foreclosures, and many other things. If you would like to receive a free real estate report every month, please contact me. My contact information is below. And if you know anyone interested in selling their home, please let me know.

Miami-Dade Report
April 1, 2010

Total Inventory available for sale: Months of Inventory

January 2009 36,418 30.4 Months
February 2010 24,218 18 Months

Median Price:

January 2009 $164,000
February 2010 $141,000

Last 6 Months in Miami-Dade County:

20.5% of closed sales were short sales
39% of closed sales were REO properties

Active Listings:

36% of Active Listings are short sales
5% of Active Listings are REO’s

Last 6 Months in Miami-Dade County:

69% of closed sales were under $250,000
89% of closed sales were under $500,000

Months of Inventory:

$0-250,000 6.7
250-500,000 14.5
500-1,000,000 23
1,000,000-2.5 32
2.5-5 mm 55
5-10 mm 40
10+ mm 15 years


Million $ Sales Market has increased overall in Miami-Dade and Broward County YTD by 26% over last year.

Days on the Market over last 12 months: 111 Days

Amit Bhuta
Real Estate Helper
Kendall Village Homes
(305) 439-3031
www.DadeCountyMLS.com
www.google.com/profiles/avbhuta