Maji's Market Minute September 8, 2022

Crazy statistic on the Miami Real Estate Market

Everybody seems to be talking about the Real Estate Market and what’s going on.
Is it slowing down?
Is it going to stop?
Is it going to depreciate?
There is definitely a slowdown going on in all of the entire country.
However, in Miami, not so much. Per realtor.com, Miami notched up. Miami notched to its highest year-over-year price jump in the entire country.-A 37% uptick over July of 2021.
July of 2021, that was the craziest market we’ve ever seen. So this is what I’m telling you. You have to be very careful when you’re talking about market trends. It’s very area specific. Even within Miami, it’s very specific.

Like “Majic” I’ll get it closed.
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With gratitude,
Maji Pace Ramos,
Maji Ramos Real Estate Advisor, P.A
• Miami Realtor since 1993
• 2nd Generation Realtor
• Negotiation Specialist
• Market Trends Specialist
• Miami native
305-519-7940 | maji@majisold.com