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August 2013 Closed Sales Cash Sales New Pending Sales New Listings Median Sale Price Average Sale Price Median Days on Market Avg. Percent of Original List Price Received Pending Inventory Inventory (Active Listings) Months Supply of Inventory 2009 2010 2011 1,592 1,076 2,147 2,717 $190,000 $346,847 46 97.2% 5,490 8,543 6.0 2012 August 2012 1,476 1,144 2,127 2,370 $149,000 $283,679 45 96.2% (No Data) 7,383 5.6
Percent Change Year-over-Year
7.9% -5.9% 0.9% 14.6% 27.5% 22.3% 2.2% 1.0% N/A 15.7% 7.6% 2013
Closed Sales
$180K $160K $140K $120K $100K $80K J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A 25,000 23,000 21,000 19,000 17,000 15,000 13,000 11,000 9,000 7,000
Total Inventory
2009
2010
2011
2012
2013
Produced by MIAMI Association of REALTORS with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month. Data released on Thursday, September 19, 2013. Next data release is Monday, October 21, 2013.
Monthly Distressed Market Summary - August 2013 Townhouses and Condos Miami-Dade County
August 2013 Closed Sales Traditional Median Sale Price Closed Sales Foreclosure/REO Median Sale Price Closed Sales Short Sale Median Sale Price $109,175 $85,000 28.4% $112,250 224 $90,000 388 24.7% -42.3% $270,000 322 $238,500 268 13.2% 20.1% 1,046 August 2012 820
Percent Change Year-over-Year
27.6%
2009
100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0%
2010
2011
2012
2013
Traditional
Foreclosure/REO
Short Sale
Closed Sales
$250K
$200K
$150K
$100K
$50K
2009
2010
2011
2012
2013
Produced by MIAMI Association of REALTORS with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month. Data released on Thursday, September 19, 2013. Next data release is Monday, October 21, 2013.