Category Archives: Statistics

Home Price Index Rises Slightly in Miami

The month of May 2011 saw a slight uptick in the seasonally adjusted Case Shiller home price index from April. The index went up from 139.47 to 140.1, however that is down from 147.88 in May last year. The index … Continue reading

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Miami one of the Strongest Housing Markets

Believe it or not, the figures speak for themselves. The Investors Business Daily just ran an article commenting on the strength of the Miami condo market in comparison to other large cities in the United States. This is exactly what … Continue reading

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Miami Home Prices Stay Soft

According to the recent data released for the S&P Case Shiller Home Price Indices for the month of December 2011, Miami home prices fell slightly in comparison to the previous month and the previous year. In comparison to the previous … Continue reading

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Miami Home Sales Continue Improvement

According to the Miami Association of Realtors and data collected from the Southeast Florida Multiple Listing Service, sales of existing homes in Miami rose by 18% in December compared to the same period in 2009. This is also approximately 70% … Continue reading

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Home Resales Rise to 7-Month High

In the United States, the sales of previously owned homes in December rose much more than forecast. They increased by 12%. It seems that after a rough patch in sales due to the expiration of the home tax credit, the … Continue reading

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Signs of Stabilization: Miami Commercial Real Estate

Colliers International South Q3 2010 Commercial Real Estate Overview points to signs that the commercial real estate market in Miami is no longer declining and begining to find its footing. Vacancy rates for office are still a touch above 15% … Continue reading

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Midtown Miami Sales Report (Two Midtown & Blue Condo)

Two Midtown: Since May 2010 there have been 17 recorded sales in Two Midtown Condominium with an average price per square foot of $175 with a range between $230 and $142. The biggest sale was a 3 bedroom apartment for … Continue reading

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Miami September Pending Home Sales Continue Improvement

According the the Miami Association of Realtors and the Southeast Florida Multiple Listing Service, pending home sales in Miami-Dade County increased 28.6% in September 2010 compared to Sept 2009. This is in a brighter contrast to the national pending home … Continue reading

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Onyx Condo Liquidation Sale

In the latest news for distressed real estate sales in the Midtown Miami area, a bankruptcy court will auction off 40 units in the Onyx Condominium. The Onyx Condominium is a luxury high rise in Midtown Area in front of … Continue reading

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Karl Case: Housing Market Begining to Stabilize

As reported by Bloomberg, in a recent news interview with Tom Keene, Karl Case, of the S&P Case-Shiller index, is seeing “a lot of positive stuff” in the latest housing statistics. He says that although we may see a “little” … Continue reading

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South Beach Art Deco Closed Sales Report August 26, 2010

We have provided a report of some recent closed sales of condos in art deco buildings in South Beach that occurred in the past 60 days. These are a unique type of property in that they are charming in style … Continue reading

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Florida Home Sales Beats the Average

As the national headlines are broadcasting the dismal July home sales report which was 25% lower than July 2009, Florida came out a better with only a 14% decrease in sales in comparison to the same period last year according … Continue reading

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National Homes Sales Volume Weaker after Loss of Tax Credit

NAR released the the monthly sales figures for previously owned homes which showed a very significant drop of 27% from the prior month June and a 25% drop from July 2009. We are still feeling the after effects from the … Continue reading

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Midtown Miami Area Closed Sales Report: 8/22/2010

As part of our effort to provide helpful real estate statistics and research to specific areas in Miami, Rounick Real Estate, LLC. has conducted a search of all the closed sales on the Multiple Listing Service in the Midtown Miami … Continue reading

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Miami residential inventory declining and sales quickening

The following graph by Altos Research confirms news of continued healing in the Miami real estate market in recent months:

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Wynwood / Edgewater Residential Real Estate Statistics

Trulia provides and interesting comparison of the submarket, Wynwood / Edgewater vs Miami in the following graphs. They show that Wynwood / Edgewater has trended better than greater Miami over the past 10 years. I believe this trend will continue.

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New study suggests vastly improving residential market in downtown Miami

A new real estate study by Goodkin Consulting and Focus Real Estate Advisors released in the end of July by the DDA points to a downtown residential real estate market that is improving on nearly all fronts. This is welcome … Continue reading

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Miami Residential Sales have been Trending Upward

The following graph from Trulia shows that rate of median price declines for residential homes in Miami has abated significantly and the rate of sales have been relatively consistently improving. It is worth noting that according to the S&P Case-Shiller … Continue reading

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