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Elliman Report: Miami Coastal Mainland Sales 4Q 2018

All price trend indicators and sales rose year over year in the final quarter of 2018 as well as annually over 2017 results. Median sales price rose year over year for the seventeenth straight quarter, up 5.9% to $320,000, tied for the highest level in more than five years. After three years of year over year quarterly declines, the number of sales increased for the second straight quarter, up 10.6% to 3,518. Listing inventory rose 20.9% to 12,071 from the same quarter a year ago. With listing inventory…

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