[Less Distressing] 3Q 2011 Miami Sales Report Available For Download
Posted by Jonathan J. Miller -Thursday, October 13, 2011, 10:46 AM
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The Elliman Report: Miami Sales 3Q 2011 (renamed) was published today. It is part of a report series that we have authored for Douglas Elliman since 1994.
You can build your own custom data tables with the new data. I’m about to launch a site redesign and am rejiggering the way I handle charts (automatic) so I haven’t been very diligent in updating them on my site – sorry about that.
Here’s an excerpt from the report:
…All three housing price indicators posted yearover- year double-digit gains as last year’s ‘robo-signing’ scandal continued to keep banks from releasing their foreclosure inventory to the market until they become more comfortable that their process is not flawed for fear of legal exposure…The median sales price of a Miami property was $165,000, 10% above $150,000 in the prior year quarter and 1.5% above $162,500 in the second…quarter. The average price per square foot and average sales price followed the same year-overyear pattern. The third quarter average price per square foot jumped 14.2% to $209 and the average sales price jumped 18.7% to $322,072 compared to the prior year quarter…
Here’s a summary of the media coverage.
Other reports we prepare can be found here.
The Elliman Report: Miami Sales 3Q 2011 [Miller Samuel]
Miami custom data tables [Miller Samuel]
