Facts and Trends – Miami-Dade County Condo/Townhomes
July 15th, 2009 categories: Market Trends, Real Estate News
Number of Homes For Sale vs. Sold – April 2008 thru June 2009
Price Range: $300,000 to $1,000,000
This range makes up 29% of the current inventory of condo/townhomes on the market and 16% of the current sales.
June 2008: 8,436 / 204 = 41 month supply of inventory
June 2009: 5,475 / 147 = 37 month supply of inventory
The analysis of this 1 year period shows a 35% decrease in inventory for sale and a 28% decrease in sales.
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