Southeast Florida Monthly Market Update

February, 2011 Market Update for the "BIG 5" Hialeah, Miami Lakes, Miami Gardens, Miramar and Pembroke Pines in Florida
By: Jose E. Humaran
 
March 9, 2011 - PRLog -- Market update for the cities of Hialeah, Miami Lakes, Miami Gardens:

Area 20         
Total Active Listings:         125
Total Value Dollar Volume:      $20,668,506.00
Average List Price:         $165,348.00
Median List Price:         $119,900.00
Change from Previous Month (N. of Units)   -42%
Change from Previous Month (Dollar Vol.)   -37%
         
Total Sold Properties:         147
Total Dollar Volume Sold:      $17,581,914.00
Average Sold Price:         $119,605.00
Median Sold Price:         $69,900.00
Change from Previous Month (N. of Units)   11%
Change from Previous Month (Dollar Vol.)   41%
         
Total Pending Sale:         229
Total Dollar Pending Volume:      $26,514,782.00
Average Pending Price:         $115,785.00
Median Pending Price:         $79,500.00
Change from Previous Month (N. of Units)   3%
Change from Previous Month (Dollar Vol.)   5%

Market update for the cities of Miramar and Pembroke Pines:

Area 3990         
Total Active Listings:         38
Total Value Dollar Volume:      $11,881,900.00
Average List Price:         $312,682.00
Median List Price:         $273,500.00
Change from Previous Month (N. of Units)   -21%
Change from Previous Month (Dollar Vol.)   -24%
         
Total Sold Properties:         35
Total Dollar Volume Sold:      $9,758,463.00
Average Sold Price:         $278,813.00
Median Sold Price:         $289,000.00
Change from Previous Month (N. of Units)   30%
Change from Previous Month (Dollar Vol.)   37%
         
Total Pending Sale:         35
Total Dollar Pending Volume:      $10,707,150.00
Average Pending Price:         $305,919.00
Median Pending Price:         $294,900.00
Change from Previous Month (N. of Units)   -13%
Change from Previous Month (Dollar Vol.)   3%

Total Sold for Dade and Broward Counties

Dade County          
Total Sales Count:          2058
Total Sales Dollar Volume:       $516,768,234.00
Change from Previous Month (N. of Units)   13%
Change from Previous Month (Dollar Vol.)   -61%

Broward County         
Total Sales Count:          2293
Total Sales Dollar Volume:       $405,620,177.00
Change from Previous Month (N. of Units)   20%
Change from Previous Month (Dollar Vol.)   19%

The above data is for Residential Real Estate Only, Market Data from SEF MLS

Take hold of your previous Monthly Market Update here http://humasanre.housingtrendsenewsletter.com?Newsletter_...

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