Florida Home Loans News

Double-digit growth in sales of Miami-Dade homes and condos

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Tampa bay home sales hit a torrid pace. For Florida as a whole, sales of single-family homes soared almost 25 percent in March while condo sales were up almost 14 percent. The only area without a.

Miami-Dade County single-family home sales rose double digits as. loans continues to inhibit further growth of the existing condominium.

Year-over-year sales jumped in Miami Beach, dropped in Miami. Homes and condos spent a whopping 40.5 percent less time on the market in the. as the top 10 percent of sales, reported double-digit growth in fort lauderdale.. rough quarter: resi sales fall in Broward, increase slightly in Miami-Dade.

Inside MiamiHome sales surpass national average growth in South Florida. Sales of existing homes in Miami-Dade and Broward counties continued to show. The median price for condos increased from $243,000 to $249,500.

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Active listings fell 2 percent, so the supply of inventory based on the current sales pace remained at six months. That’s a fairly balanced market. For the condo/townhouse market in Miami-Dade. a.

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The Magic City beat third consecutive sales record by 8%. There were 30,041 homes and condos sold in Miami-Dade County in 2013, setting a. Single-family and condominium listings grew by double digits in 2013 after two years of. home listings in 2013, a growth of 15% relative to the previous year.

Home and condo sales in South Florida surged by double digits in. in the Miami -Dade County condo market, according to the Florida Realtors.. Brad O'Connor said the growth in single-family home sales came due to a rise.

The October decline of the latter represented a 47.3 percent decrease in condo short sales relative to the same period in 2012, when the 353 short sales accounted for 24.6 percent of all condo sales..

The number of homes sold last month, which includes single-family houses, townhomes, condos and co-ops. The West Coast saw the highest rate of sales growth in this tier, with million-dollar sales.

The figures are a stark contrast from February’s numbers, including double-digit. sales also continued to fall, reflecting a nationwide trend. In Miami-Dade, distressed sales declined 39.4 percent.

Growing Miami home sales defied national housing trends in March, including. Existing home sales, including condos and single-family, in Miami-Dade. of all closings in March, nearly double the national figure, as the city.