Price indicators on Miami’s coastal mainland
continued to move higher. Median sales price for
all property types rose 10.6% to $260,000 from
the prior year quarter. Condo price indicators
were once again higher than their single family
counterparts, reflective of the shift towards higher
priced new development sales. Condo median
sales price increased 14.9% to $218,250, while
single family price indicators showed more modest
growth, rising 11.1% to $300,000 respectively over
the prior year quarter…