With an 11.9% increase over the last 10 years, the population of the Miami Metro Area is growing faster than other parts of the country. Also, with 5,564,635 residents, it is the ninth-most populated metro area in USA. Miami-Dade County, Broward County, and Palm Beach County are the three largest counties in terms of population. With a median age of 30 years, homes in the Miami Metro Area tend to be relatively old.
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$279K  
In this week's report, the number of homes sold in the Miami Metro Area market fell to 3,631 over the past 30 days, a decrease of 21.4% from last week's report. Miami-Dade County led the way, with 2,088 sales on its own. Months of inventory hit 11 this period, extending an upward trend to eight weeks. The Miami Metro Area is a strong buyer's market, due to the large amount of inventory left and aided by the dip in sales.
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$19M  
There have been 4,348 homes sold in the Miami Metro Area market over the last 30 days, continuing a six-week negative trend. Also during the same period, the number of new listings totaled 8,319, the fewest since January. Leading the way in terms of contribution was Miami-Dade County with 4,337 new listings. The median sales price of all transactions in the Miami Metro Area did not budge this week, remaining at $275,000. In spite of the drop in new listings, with the availability of nine months of inventory, the Miami Metro Area is still a definite buyer's market.
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$65M  
The Miami Metro Area market broke below its 12-month average sales volume this week as sales fell 18.5% to hit 4,724 homes sold over the last 30 days. Miami-Dade County led the way, with 2,009 sales on its own. The median sales price has been increasing as it hit $277,000, extending a 16-week long spike. With decreasing sales and the availability of nine months of inventory, the Miami Metro Area is a definite buyer's market.
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$337K  
While home sales in the Miami Metro Area market have been above average, in this week's report they slid 10.2% to 5,511 homes sold over the last 30 days. Palm Beach County was the most popular part of the Miami Metro Area, with 2,310 homes sold. A months of inventory number of seven reported this week continued an eight-week upward trend. With decreasing sales and the availability of so much inventory, the Miami Metro Area is a strong buyer's market.
Comments:

$279K  
The Miami Metro Area market slowed with a 9.1% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (5,483.0) with 5,729 homes sold. Palm Beach County made up the largest percentage, with 2,414 sales on its own. Potential buyers should note that prices went up in the Miami Metro Area, with the median for this period rising from $270,000 to $273,000. The Miami Metro Area is a strong buyer's market, thanks to a big seven months of inventory to choose from and a pullback in sales.
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$101K  
Hitting a record low dating back to March, 5,884 homes were sold in the Miami Metro Area market over the last 30 days. This represents a 6.3% drop in sales activity. Palm Beach County led the way, with 2,464 sales on its own. The median sales price climbed to $270,587, up from last week's $265,000. A downturn in sales, coupled with the availability of seven months of inventory, prove that the Miami Metro Area is a definite buyer's market.
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The Miami Metro Area is a metro area in USA with a median income of $46,908 per household. Besides being somewhat affluent, its population is much younger than others with a median age of 39 years. The three counties with the largest populations are Miami-Dade County, Broward County, and Palm Beach County. The Miami Metro Area market mostly consists of condos and townhouses, accounting for 38% of the current homes in the area.
Comments:

$6.9M  
The Miami Metro Area market pulled back with a 3.5% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (5,395.8) with 5,721 homes sold. Palm Beach County made up the largest percentage, with 2,393 sales on its own. The median sales price remained unchanged over the latest reporting period for the Miami Metro Area, coming in at $265,000. The Miami Metro Area is a solid buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
Comments:

$65M  
The Miami Metro Area market slowed this week but was still better than normal as sales slid 11.3% to 5,926 homes sold over the last 30 days. Palm Beach County led the way, with 2,393 sales on its own. The median sales price has been increasing as it hit $265,000, extending a 12-week long spike. With decreasing sales and the availability of seven months of inventory, the Miami Metro Area is a solid buyer's market.
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