Wednesday, August 18, 2010
In the time period from May 2009 to July 2010, the inventory of homes and condos in Miami-Dade County has gone down by approximately 22%.
- For the same period, the number of month’s supply of homes decreased by approximately 27%, from a 24.4 month supply to a 17.8 month supply of homes, as compared to closed sales.
- The number of homes that have sold during this period increased nearly 8%.
- The number of homes that have gone under contract (pended) for this same period is up by approximately 22%.
at 12:24 PM