{"id":93960,"date":"2014-02-20T11:12:38","date_gmt":"2014-02-20T16:12:38","guid":{"rendered":"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/?p=93960"},"modified":"2014-02-20T11:13:33","modified_gmt":"2014-02-20T16:13:33","slug":"miami-real-estate-market-achieves-third-consecutive-sales-record","status":"publish","type":"post","link":"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/miami-real-estate-market-achieves-third-consecutive-sales-record\/","title":{"rendered":"Miami Real Estate Market Achieves Third Consecutive Sales Record"},"content":{"rendered":"

\"miami\"<\/a><\/p>\n

According to the National Association of Realtors and Florida Realtors, the Miami Real Estate Market has earned its third consecutive sales record, surpassing previous records by 8%.<\/p>\n

\u201c<\/i><\/b>While much needed new listings increased significantly in 2013, strong demand for Miami real estate resulted in a third consecutive record sales year and two years of double-digit price appreciation, according to the 31,000-member MIAMI Association of REALTORS (MIAMI) and the local Multiple Listing Service (MLS) systems.<\/i><\/p>\n

There were 30,041 homes and condos sold in Miami-Dade County in 2013, setting a new annual record that is 8.0 percent higher than the previous record set in 2012. Sales of single-family homes last year totaled 12,901, an increase of 12.5 percent compared to the previous year\u2019s total of 11,463.\u00a0 Condominium sales increased 4.6 percent, from 16,383 in 2012 to 17,140 in 2013.\u201d<\/i><\/p>\n

According to 2014 Chairman of the Board of Miami Association of Realtors Liza Mendez, \u201cRecord demand for Miami properties from both domestic and international buyers resulted in another sales record in 2013. We expect strong demand to continue in 2014 for Miami real estate but are encouraged that more homeowners are listing homes for sale, creating more balance between buyers and sellers.\u201d<\/p>\n

\u201cActive listings in Miami-Dade County at the end of 2013 totaled 15,963, representing an increase of 24.2 percent compared to the 12,844 active at the end of 2013.\u00a0 At the current sales pace, this reflects 5.6 months of inventory for single-family homes and 7.0 months for condominiums.\u00a0 Months supply of inventory increased 6.4 percent for single-family homes and 21.6 percent for condominiums compared to 2012.\u201d<\/i><\/p>\n

Info courtesy of National Association of Realtors and Florida Realtors, photo courtesy of miamiriches.com<\/p>\n","protected":false},"excerpt":{"rendered":"

According to the National Association of Realtors and Florida Realtors, the Miami Real Estate Market has earned its third consecutive sales record, surpassing previous records by 8%. \u201cWhile much needed new listings increased significantly in 2013, strong demand for Miami real estate resulted in a third consecutive record sales year and two years of double-digit […]<\/p>\n","protected":false},"author":16,"featured_media":93970,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1749],"tags":[],"class_list":["post-93960","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hlrn"],"acf":[],"yoast_head":"\nMiami Real Estate Market Achieves Third Consecutive Sales Record - Haute Residence by Haute Living<\/title>\n<meta name=\"description\" content=\"According to the National Association of Realtors and Florida Realtors, the Miami Real Estate Market has earned its third consecutive sales record,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/miami-real-estate-market-achieves-third-consecutive-sales-record\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Miami Real Estate Market Achieves Third Consecutive Sales Record - 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