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.