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THE PROPERTIES YOU ARE LOOKING FOR... WITH THE SERVICE YOU DESERVE™

NAR Equal Housing FAR MIAMIRE

Phone: (305) 205-4881

GERARD FETERMAN

REALTOR® ASSOCIATE

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NORTH MIAMI BEACH, FLORIDA     MARKET STATISTICS

The supply of inventory in the real estate industry is defined by the current months’ supply of homes available for sale.

Here is a great guideline:

1-4 months’ supply creates a seller’s market where there are not enough homes to satisfy buyer demand. Appreciation is guaranteed.

5-6 months’ supply creates a balanced market where historically home values appreciate at a rate a little greater than inflation.

7-8 months’ supply creates a buyer’s market where the number of homes for sale exceeds the demand. Depreciation follows.

FOR SALE VRS. SOLD

AVG. PRICE PER SQ. FT.

AVG. PRICE FOR SALE AND SOLD

AVG. DAYS ON MARKET

MONTHS OF INVENTORY

NORTH MIAMI BEACH

North Miami Beach

NORTH MIAMI

North Miami

MIAMI SHORES

Miami Shores

CORAL GABLES

Coral Gables

MIAMI BEACH

Miami Beach

MIAMI

Miami

BAL HARBOUR

Bal Harbour

BAY HARBOR ISLANDS

Bay Harbor Islands

SURFSIDE

Surfside

GOLDEN BEACH

Golden Beach

SUNNY ISLES BEACH

Sunny Isles Beach

AVENTURA

Aventura

DORAL

Doral

MIAMI GARDENS

Miami Gardens

EL PORTAL

El Portal

INDIAN CREEK

Indian Creek

NORTH BAY VILLAGE

North Bay Village

KEY BISCAYNE

Key Biscayne

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