The sales of existing single-family homes in the Miami Metropolitan Statistical Area (MSA) rose 18 percent in December, from 623 to 734, compared to December 2009 and 70 percent compared to December 2008 according to the MIAMI Association of REALTORS and the Southeast Florida Multiple Listing Service (SEFMLS). Sales of condominiums increased 29 percent, from 766 to 985, compared to December 2009 and 116 percent compared to December 2008.
(Compiled by Condo Vultures Realty using the South Florida Shared Multiple Listing Service. Active listings are properties where no current sale contract exists; pending sales are properties in which a contract for sale has been executed, but not yet closed. Listing brokers control the status of a property listing. )
Read more: http://www.benzinga.com/press-releases/11/01/p795192/miami-home-sales-strengthen-in-december-and-year-end#ixzz1C6IXTu8n
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