Miami Shores Real Estate Market Update Q3 2023 | Advice for Sellers and Buyers
July 18, 2023
Welcome to our Miami Shores Real Estate Market Update. We give you our five main observations for this market and advice for sellers and buyers. 5 Observations Inventory levels are at the lowest for desirable homes in the best areas. Although the demand for new homes is high, the supply is limited. There aren’t many new construction homes on the market due to rising construction costs. In 2022 we saw a 34% increase in price/sqft compared to 2021. Although interest rates have been rising, we [...]
