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Miami real estate prices start 2013 strong

Miami real estate prices start 2013 strong

Miami home prices rose again in January, marking 14 consecutive months of appreciation for both single-family homes and condominiums. The median sales price of Miami-Dade condominiums, which has increased each of the last 19 months, rose 24.1% to $155,000 compared to a year earlier and decreased 4.9% compared to the previous month. The median sales price of single-family homes rose 14.8% to $194,000 year-over-year and decreased 9.4 % compared to the previous month.

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