This graph ran in the Business Monday section of the Miami Herald in late September. I wanted to share it with you because it so clearly shows where our real estate market has been and where we are. The correction we saw between 2008 and 2011 is quite significant. You can also see here that for the past 36 months, both single family homes and condos have remained in the healthy range of a 6-9 month’s supply. The median price of a single family home went down to $177,000 at its low in 2011, however, has increased to just over $250,000, representing about a 40% increase. Condos show the same fluctuation with a low of about $120,000 and an increase to almost $200,000, a 60% gain. Please call me, Ashley Cusack, at 305.798.8685 with any questions or if I can help you with any of your real estate needs. Visit my website: Luxury Miami Real Estate.
My focused dedication as a realtor in my home town of Miami for over 20 years, consistently puts me at the top of my field. Whether you’re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.
As the #3 Realtor company-wide at EWM in 2012 with over $55 Million in sales, my focus is on Coral Gables, Coconut Grove, Pinecrest and South Miami — specializing in luxury real estate and waterfront properties. Call me today and let’s get started!