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Miami & Florida Home Prices Up

November 21st, 2012 Written By Carol Pawley

Data from Miami Associaton of Realtors showed the median sales price for Miami single family homes increased 5.8% to $185,000 in October 2012, compared to the same month in 2011. Sales activity also saw a rise with a 41.9% increase for single family homes. Prices statewide also have jumped. According to a report by Florida Realtors, closed sales for single family homes in Florida rose 25.3% in October 2012. There were a total of 17,779 closed sales of existing single-family homes in October compared to the same month in 2011. Pending sales of existing single-family homes rose 56.7% in the same period. The statewide median sales price for single-family homes reached $145,000, an increase of 9%. Dr. John Tuccillo, chief economist for Florida Realtors said, “Once again, everything that should be going up in the market is going up, and everything that should be going down is going down.”

Looking to buy a home in Miami, click here to see all homes for sale in Miami.

Throughout the years I have helped many friends and clients purchase or sell property in Miami & throughout Florida.  If you are interested in purchasing or selling a home, please contact me as I can give some first-hand sound advice with no pressure.  Please send me an email at carolapawley@gmail.com or call me at 305-992-6188. 
 
Click Here to Get Miami Real Estate and Beyond by Carol Pawley delivered by email

Great to have you on my site! Seeking to sell or buy property in Coconut Grove, Coral Gables, or anywhere in Miami? I can assist you. Real estate is my area of expertise and Miami-Dade the place I grew up. I know the communities, the schools, the culture, and the business of real estate. I’ve consistently ranked in the top 1% of my field, locally and nationally. I’d love to have the opportunity to introduce myself and discuss your real estate needs. Let’s connect: PH 305-992-6188,EMAIL: carolapawley@gmail.com

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