Investing in Miami Condos – Average Prices of Miami Condos for Sale
A Comprehensive Overview of Current Miami Condos for Sale: An Investor’s Guide
This original article was written in 2014. Information on these condos is no longer valid. Below we added the most up to date information on Miami pre-construction condos for sale and the newest Miami condos for sale
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This blog provides Miami real estate information from an objective viewpoint backed up with hard data and not from biased opinion, media gossip, flashy marketing or third parties. This report analyzes all the key neighborhoods in and around Miami that feature condos for sale. It gives the unique ability to compare the average prices of Miami apartments for sale in different neighborhoods. For sellers it is going to be useful because the report will highlight the change of inventory levels and property prices, helping you decide if it may be a good time to sell or stick. For buyers or investors it will help you find the best property that would yield the highest returns for the money and gauge the potential appreciation of that asset.
Quick overview of Available Miami Condos for Sale
The bar charts here below provide an overview of the average prices per Sq.ft for Miami Condos, the actual prices of Miami Condos for sale and the months of inventory of Miami Condos for Sale. For a more detailed information about the areas, and the % with which the prices in a certain area increased or decreased over 2013, please scroll down. The average prices of Miami Condos for Sale per area. In Aventura we find the most affordable Miami Condos, whereas South of Fifth (the uttermost Southern Point of South Beach) is home to the most expansive Condos. The months of Inventory show how much inventory the different areas have. A neutral market is between 6-9 Months. Less than 6 months is a sellers market, more than 9 months is a buyers market.
