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    More Than 18 Months Of Condo Supply Listed For Sale In Miami Beach  

    (This Report Is Powered By Brickell Ventures LP)

    DOWNTOWN MIAMI (Nov. 5, 2018) - Nearly 2,900 condo units are formally listed for sale in the barrier island city of Miami Beach in the South Florida county of Miami-Dade, according to a new report from Condo Vultures® Realty LLC.

    Based on condo sales of about 160 units monthly in the first nine months of 2018, Miami Beach now has more than an 18-month supply of units available for purchase in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach before the start of the Winter Buying Season, according to the report based on data from the Southeast Florida MLS Matrix.

    A balanced market is generally considered to have about six months of supply. More months of condo supply listed for sale suggests a buyer’s advantage and less months typically indicates a seller’s advantage in the market.

    Buyers Purchased 23 Miami Beach Luxury Condos Monthly In First Nine Months Of 2018   

    (This Report Is Powered By Brickell Ventures LP.)

    DOWNTOWN MIAMI (Nov. 5, 2018) - Nearly 660 luxury condo units are formally listed for sale at a minimum price of at least $1 million in the barrier island city of Miami Beach in the South Florida county of Miami-Dade, according to a new report from Condo Vultures® Realty LLC.

    Based on luxury condo sales of about 23 units monthly in the first nine months of 2018, Miami Beach now has more than a 28-month supply of units available for purchase in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach before the start of the Winter Buying Season, according to the report based on data from the Southeast Florida MLS Matrix.

    A balanced market is generally considered to have about six months of supply. More months of condo supply listed for sale suggests a buyer’s advantage and less months typically indicates a seller’s advantage in the market.

    Miami Beach Landlords Ask $2.96 PSF Monthly For Residential Rental Properties

    (This Report Is Powered By Brickell Ventures LP)

    DOWNTOWN MIAMI (Nov. 5, 2018) - Nearly 2,135 residential rental properties are formally listed for lease in the Miami Beach market of South Florida, according to a new report from Condo Vultures® Realty LLC. 

    Based on completed leases of nearly 403 residential properties monthly in the first nine months of 2018, Miami Beach now has more than a five-month supply of rentals - apartments, condos, efficiencies, multifamily and townhouses - available in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach before the start of the Winter Buying Season, according to the report based on data from the Southeast Florida MLS Matrix. 

    A balanced market is generally considered to have about six months of supply. More months of supply listed for lease suggests a tenant’s advantage and less months typically indicates a landlord’s advantage in the market. 

    Buyers Purchased 45 Distressed Condos In Greater Downtown Miami In First Nine Months Of 2018

    (This Report Is Powered By Brickell Ventures LP)

    DOWNTOWN MIAMI (Nov. 1, 2018) - At least 40 distressed condo units - both shortsales and real estate owned (REO) by lenders - are formally listed for sale in the Greater Downtown Miami market of South Florida, according to a new report from Condo Vultures® Realty LLC.

    Based on distressed condo sales of about five units monthly in the first nine months of 2018, Greater Downtown Miami now has about an eight-month supply of shortsale and REO units available for purchase in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach before the start of the Winter Buying Season, according to the report based on data from the Southeast Flordia MLS Matrix.

    A balanced market is generally considered to have about six months of supply. More months of condo supply listed for sale suggests a buyer’s advantage and less months typically indicates a seller’s advantage in the market.

    Greater Downtown Miami Landlords Ask $2.69 PSF Monthly For Residential Rental Properties

    (This Report Is Powered By Brickell Ventures LP)

    DOWNTOWN MIAMI (Oct. 30, 2018) - Nearly 2,400 residential rental properties are formally listed for lease in the Greater Downtown Miami market of South Florida, according to a new report from Condo Vultures® Realty LLC.

    Based on completed leases of about 648 residential properties monthly in the first nine months of 2018, Greater Downtown Miami now has nearly a four-month supply of rentals - apartments, condos, efficiencies, multifamily and townhouses - available in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach before the start of the Winter Buying Season, according to the report based on data from the Southeast Florida MLS Matrix. 

    A balanced market is generally considered to have about six months of supply. More months of supply listed for lease suggests a tenant’s advantage and less months typically indicates a landlord’s advantage in the market. 

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