Housing Inventory Trends
The number of active listings in MIAMI ( 33156 ) increased by 4.3 % from the previous month . The median number of days active properties have been listed is 112 . The number of sales in December dropped by 88.9 % from the previous month .
Property Ownership
This chart shows home occupancy within an area . A high percentage of ownership can indicate an area where people like to live and stable property prices . While a high percentage of rentals could indicate an area with shifting demographics , a younger community , or possibly a downtown area . High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area .