A serious seller in zip code area 33137 should look at the “Days on Market” and MSI indicators, plus the considerable disparity between “median list price” vs “median sold price” below, and consider a substantial price adjustment to get their home sold.
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 […]
Anyone who already lives in Downtown Miami could have told you that our city is a favorite for renters, and now the 2018 Miami-Dade Real Estate Study confirms it. Brickell, the Downtown core, Midtown and Edgewater top all other neighborhoods as renter havens. These are also “the best neighborhoods for young professionals according to the study […]
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 […]
The neighborhoods within zip code areas 33127 and 33137 include Wynwood, Midtown, East Edgewater, and the Design District. Almost all of the condominiums are located east of North Miami Avenue and south of the Julia Tuttle Causeway, with some condominium development starting in Wynwood and the Design District / Buena Vista neighborhoods. Well known existing condominiums […]
Realtor.com has published their analysis of the 10 fastest-growing zip codes in the U.S. and my own downtown Miami neighborhood is ranked 4th on the list! A new analysis by realtor.com® has identified the 10 fastest-growing neighborhoods in America that are slated to grow even faster—places where job opportunities abound, new households are forming, and new […]