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Market Summary

Miami Real Estate – Current Market Quick Facts

  • There are twice as many sales today than 2 years ago
  • There is 1/2 the inventory there was 2 years ago
  • The rental to sale ratio is about 50:50.  Normal is 25:75
  • EWM is selling a $1,000,000 property every 36 hours
  • 52% of EWM’s sales are cash
  • There are more $1,000,000 condos selling that $1,000,000 single family homes