Miami Beach / South Beach

Miami Beach Market Report 1Q 2015

Housing prices in the Miami Beach and Barrier Islands increased. Limited inventory and fewer distressed sales kept the pressure up.
Higher prices and luxury new development brought more supply to the market, enabling more sales to occur.
The number of sales on the Miami Coastal Mainland increased as rising supply enabled moresales. Housing prices increased, especially within the condominium market as high quality newly developed units were sold off.


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