Real Estate market conditions, Single family homes statistics
During the month of August 2007, East Miami-Dade and the Miami Beaches area had an inventory of 2,167 single-family homes on the market. Over half of these Miami homes for sale were priced under $1 million dollars. There were 60 homes sold from this inflated inventory which was a 5.26% increase from the amount of home sales we had in the prior month of July. However single family home sales are still down 34.07% from last year at this time.
The following is a brake down of single family home sales, by price and comparison to July of 2007.
This information was gathered from Realtor Association of Miami-Dade County based on transactions that were conducted through its realtors.
The following statistics were gathered from areas: 12, 22, 32 and 42 which includes the areas of Golden Beach, Sunny Isles and the areas from South Beach up to North Miami Beach.
|
Aug-07 |
% Difference from July 07 |
% of Sales |
|
Aug-06 |
% Difference from last year |
Up to $299,999 |
12 |
50.00% |
20.00% |
21 |
-42.86% |
$300,000 - $499,999 |
9 |
-40.00% |
15.00% |
30 |
-70.00% |
$500,000 - $799,999 |
11 |
-8.33% |
18.34% |
16 |
-31.25% |
$800,000 -$999,999 |
10 |
42.86% |
16.66% |
8 |
25.00% |
$1,000,000 - $1,499,999 |
11 |
120.00% |
18.34% |
9 |
22.22% |
$1,500,000 - $1,999,999 |
4 |
0.00% |
6.66% |
3 |
33.33% |
$2,000,000 - $3,999,999 |
0 |
-100.00% |
0.00% |
2 |
-100.00% |
$4,000,000 -$ 5,999,999 |
2 |
200.00% |
3.34% |
2 |
0.00% |
$6,000,000 - $7,999,999 |
0 |
-200.00% |
0.00% |
0 |
0.00% |
$8,000,000 - $9,999,999 |
1 |
100.00% |
1.66% |
0 |
100.00% |
$10,000,000 - $15,000,000 |
0 |
0.00% |
0.00% |
0 |
0.00% |
Over $15,000,000 |
0 |
0.00% |
0.00% |
0 |
0.00% |
|
|
|
|
|
|
TOTAL HOUSES SOLD |
60 |
5.26% |
100.00% |
91 |
-34.07% |
-- Contributor,
Eric Harari, for MLR Realty
|
