Real Estate Market Trends Jan 2012 – Dec 2013December 2, 2013
Miami Beach real estate inventory is increasing as the market continues to shift in the direction of improved home sales. Distressed properties continue to level out and the number of foreclosures and short sales, though unchanged in recent months, seem to be on a very slow decline.
Listing prices are improving and sale prices in the Miami Beach area have increased steadily since the beginning of the 2013 year.
Since the real estate market dipped to the lowest we’ve seen in a number of years during 2007/2008, Miami Beach real estate has experience a steady upward trajectory.