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 […]
Market Insider Report – 33131 – June 2019
Residential condominiums in Downtown Miami’s zip code area 33131 have a median listing price of $512,590, and median days on market of 163. There are 1903 currently active listings, with just 0.2% noted as “distressed listings”. After a dramatic drop in third quarter 2018, median sold prices are again slowly rising; but so is inventory.
Swiss bank to open first US office in Brickell
Swiss bank to open first US office in Miami’s Brickell Geneva, Switzerland-based private bank Banque SYZ has received approval from the Federal Reserve to establish a representative office in Miami… The Federal Reserve approved Banque SYZ’s application to take over the 801 Brickell space as its own Miami outpost
Ribbon Cutting for Alonzo Mourning’s Courtside Apartments
On Friday, Alonzo Mourning, retired Miami HEAT star, was joined by Miami City Commissioner Wilfredo “Willy” Gort, SEOPW CRA Chairman & Miami City Commission Chairman Keon Hardemon, Miami-Dade Mayor Carlos Gimenez and other community leaders for the grand opening of Courtside Apartments in Miami’s Overtown at a ribbon-cutting ceremony covered by the Miami Herald. The nine year, $22.8 million project is the […]