Miami Condo Market and Lifestyle Updates
Active Listings in South Florida Begin to Increase

Active Listings in South Florida Begin to Increase

by Sep Niakan | June 30, 2014

The active listings for South Florida's housing inventory have increased to 41,724 between the third and fourth weeks of June, according to Condo Vultures data.

Over the week of June 16 to June 23, pending sales dropped from 21,724 to 21,652 week-over-week.

Furthermore, for four weeks, pending sales went down by over 260 listings.

Broward, Miami-Dade, Palm Beach, and other areas of South Florida saw 41,624 active listings during that week.

As notable by the chart, over the past five years, house listings have dropped from over 100,000 listings to the 40,000 listings there are today.

In recent years, there has been a housing boom in Miami, which has driven a lot of developers and investors to look toward Miami for new opportunities.

 

Source: therealdeal.com

Photo credit: Illustrations darratheagent.com & adam-realestate.com, Miami - biancuzzodesign.com

Recent posts

Real Estate News

Could Cite in Edgewater Have New Hotel Neighbor?

by Sep Niakan | January 12, 2017

According to thenextmiami, a petition involving a 15 by 75 feet alley has sparked speculations that a brand new hotel could be coming to Edgewater. Why? Simply because this alley comes attached to a 7,875 sq. ft. plot located at 348 Northeast 20...

Real Estate News

Brickell Avenue Bridge Schedule, Traffic and Solutions -- All You Need To Know

by Sep Niakan | January 09, 2017

Ever tried driving from Brickell to Downtown Miami for lunch? Most Miamians dread the thought of catching the dreaded drawbridge, which opens every hour or half-hour during non-curfew hours to allow river traffic to pass under. So what’s...

Real Estate News

9 Positive Signs for the Miami Real Estate Market in 2017

by Sep Niakan | January 08, 2017

Last year’s headlines weren’t too kind to Miami with hurricanes, Zika warnings and falling sales painting a dark picture. However, with the elections finally done with, there are plenty of reasons to be optimistic about 2017: 1. ...

Real Estate News

Projects That Will Change the Way We Look at Wynwood, Forever!

by Sep Niakan | December 28, 2016

We all know Wynwood as the friendly, hipster neighborhood splashed with the best street art in the world. It’s where we all go for our art fix, browse far-out finds and linger around for a couple of craft beers. But, how about shopping,...