According to our Miami Area Report for May 2019, the City of Miami residential real estate market is continuing to improve year-over-year. Median selling prices are up by 7.02% while median days on market have decreased by 24.32%. After hovering around a “normal, balanced” market for the past year, supply of inventory dropped dramatically in […]
Condo Construction in the City of Miami
There are 30 residential condominium developments, for a total of 8,671 units, currently under construction within the City of Miami: 1000 Museum – Arts District – 166 units – anticipated completion: 2017 1010 Brickell – Brickell Financial District – 387 units – anticipated completion: 2017 26 Edgewater – Edgewater – 86 units – anticipated completion: 2017 Aria On The Bay – Edgewater – 648 units […]
Back to the Future: Miami Home Sale Prices at 2004 Levels
Ever since the Florida land boom & bust in the early 1920’s, Miami has seen its share of the real estate roller coaster. According to the MIAMI Association of REALTORS and data from the local Multiple Listing Service (MLS) system, we have been in a three-year recovery. From our peak in 2007 to the bottom in 2011, […]
Miami Spice 2014 Begins August 1st
This Friday, the ever-delicious Miami Spice begins its 13th annual two month quest to expand our palates and our waistlines. From August 1st through September 30th more than 170 Miami “restaurants will offer three-course meals featuring signature dishes created by world-renowned chefs at a reduced prices: Lunch $23 and Dinner $39.” Hosted and promoted by […]
New City of Miami Trolley Route: Coral Way
On October 1st, the City of Miami launched its newest trolley route along Coral Way from PortMiami, through the Central Business District and the Roads area to Coral Way, then west to Ponce de Leon Boulevard. Thank goodness! We’ve needed public transit to PortMiami; and this new route will also connect City of Miami to […]