Wednesday, June 20, 2012

Southeast Florida Monthly Market Update, May 2012

May, 2012 Market Update for the "BIG 5" Hialeah, Miami Lakes, Miami Gardens, Miramar and Pembroke Pines in Florida

Market update for the cities of Hialeah, Miami Lakes, Miami Gardens:
Area 20
Total Active Listings: 65
Total Value Dollar Volume: $15,630,000.00
Average List Price: $240,462.00
Median List Price: $184,900.00
Change from Previous Month (N. of Units) 20%
Change from Previous Month (Dollar Vol.) 15%
Total Sold Properties: 156
Total Dollar Volume Sold: $29,754,357.00
Average Sold Price: $190,733.00
Median Sold Price: $100,000.00
Change from Previous Month (N. of Units) 30%
Change from Previous Month (Dollar Vol.) 68%
Total Pending Sale: 191
Total Dollar Pending Volume: $26,618,740.00
Average Pending Price: $139,365.00
Median Pending Price: $99,000.00
Change from Previous Month (N. of Units) 10%
Change from Previous Month (Dollar Vol.) 18%

Market update for the cities of Miramar and Pembroke Pines:
Area 3990
Total Active Listings: 15
Total Value Dollar Volume: $4,987,101.00
Average List Price: $332,473.00
Median List Price: $295,000.00
Change from Previous Month (N. of Units) -21%
Change from Previous Month (Dollar Vol.) -31%
Total Sold Properties: 31
Total Dollar Volume Sold: $9,364,700.00
Average Sold Price: $302,087.00
Median Sold Price: $285,000.00
Change from Previous Month (N. of Units) -26%
Change from Previous Month (Dollar Vol.) -30%
Total Pending Sale: 57
Total Dollar Pending Volume: $15,595,130.00
Average Pending Price: $273,599.00
Median Pending Price: $275,000.00
Change from Previous Month (N. of Units) 36%
Change from Previous Month (Dollar Vol.) 28%

Total Sold for Dade and Broward Counties
Dade County 
Total Sales Count:  2778
Total Sales Dollar Volume:  $1,001,183,947.00
Change from Previous Month (N. of Units) 11%
Change from Previous Month (Dollar Vol.) 10%
Broward County
Total Sales Count:  2875
Total Sales Dollar Volume:  $618,525,376.00
Change from Previous Month (N. of Units) -2%
Change from Previous Month (Dollar Vol.) -1%

The above data is for Residential Real Estate Only, Market Data from SEF MLS
For an update on your market area please contact us
Take hold of your previous Monthly Market Update here goo.gl/N2G3s

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