…With the Miami housing market well into the third
year of its recovery, rising prices have begun
to pull listing inventory into the market. Median
sales price increased 16.1% to $244,000, the
highest point reached since 2008. Average sales
price jumped 19.1% to $461,374 over last year to
a 5 year high and average price per square foot
exceeded $305 per square foot for the first time
in 6 years…