South Florida residential sales volume drops 10% in July
South Florida’s residential market continued its months-long slowdown in July. Dollar volume in Miami-Dade, Broward and Palm Beach counties dropped 10 percent to $4.5 billion, down from $5 billion last July, according to Multiple Listing Service data collected by the Miami Association of Realtors. Median prices for both single-family homes and condominiums also fell across the tri-county last month. Miami-Dade County In Miami-Dade County, total sales plunged 16 percent year-over-year to 1,782 closings in July. Single-family home sales dropped 15 percent to 861 deals. Condo closings plummeted 17 percent to 921 sales. The median price for single-family home sales dipped […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
From “Pompa-no to Pompa-now”: Mapping Pompano’s latest development boom
$17M in escrow funds gone overnight: Palm Beach law firm sues bank over cyber attack
Billionaire Paul Singer’s hedge fund, LHCG buy hotel from Brookfield for $69M
Rivani sells waterfront Palm Island home to Jose Mas, partners for $25M
Todd Boehley’s Eldridge in talks to lease at OKO, Cain’s 830 Brickell
South Florida’s top deals: Rubells sell more property to Neology for $10M
Make outdoor space easy for buyers to love
May inflation jumped, but economists say the details offer buyers a steadier picture
Realtors press housing priorities in D.C.
“Biased and misleading”: Florida officials sued over property tax ballot language
