< All Market Reports

Elliman Report: Miami Sales 1Q 2013

…The housing market of the Miami coastal communities experienced sharply rising prices, falling inventory, the lowest distressed market share in more than 3 years, continued influx of international demand and shorter marketing times in the first quarter of 2013. Declining inventory, rising sales and a declining distressed market share have pressed the housing price indicators up sharply. Distressed market share that is comprised of short sales and foreclosures,accounted for 37.8% of all sales, down from the recent high water mark of 62.9% in the third quarter of 2010. Median sales price, perhaps the most reliable indicator for market trends, rose 19.4% to $210,100 from the prior year quarter…

Download Now

Get Weekly Insights and Research

Housing Notes by Jonathan Miller

Receive Jonathan Miller's 'Housing Notes' and get regular market insights, the market report series for Douglas Elliman Real Estate as well as interviews, columns, blog posts and other content.

Follow Jonathan on Twitter

#Housing analyst, #realestate, #appraiser, podcaster/blogger, non-economist, Miller Samuel CEO, family man, maker of snow and lobster fisherman (order varies)
NYC CT Hamptons DC Miami LA Aspen
millersamuel.com/housing-notes
Joined October 2007