News

July 19, 2017

Miami Luxury Condos: Q2 Report June 2017

Quarterly sales leap with lower prices to pull down days on market. The Greater Downtown area has posted a great second quarter, with sales going up 33% (fig. 11.1). The median price (fig. 11.3) and median price/sq. ft. (fig. 11.4) fell 4% and 3%, respectively, to favor buyers. Both these factors combine to bring down days on market by 6% (fig. 11.2).

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