South Miami Is Still Climbing! | South Miami Q1 & Q2 2023 Market Summary
August 29, 2023
South Miami Q1 & Q2 2023 Market Summary. So half of 2023 has officially flown by and here’s how I see the market today. Firstly, we still remain at record lows for inventory in South Miami. Inventory is around 2 months so we are still ways away from a balanced market where you would typically find inventory anywhere from 6-8 months. We are now seeing all of the new construction products entering the market above $1,000 per SF with highs in the $1,200/1,300 per SF [...]
