Of these 11% (239) are listed as short sales (down from 14% in Qtr 1) and 2.3% (50) are ‘REO’ or bank owned (Qtr 1 = 2.4%).
There have been 762 reported closed sales in the MLS for quarter two of 2011. This is a 23% increase over the 621 reported sales for the same period last year and 4% increase over the first quarter.
Comparison of Number of Homes and Condominiums Sold during Quarter 2 of 2011 v 2010, By Location

South Beach
Ocean Drive
South of Fifth
Miami Beach (33140)
Miami Beach (33141)
Comparison of Median Selling Price per square foot ($) during Quarter 2 of 2011 v 2010, By Location

South Beach (33139)
Ocean Drive
South of Fifth
Miami Beach (33140)
Miami Beach (33141)
*All numbers and data in this report are pulled from the MLS (multiple listing service) and do not include sales directly by owner.
www.BritishMiamiRealtor.com
No comments:
Post a Comment