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Maji's Market Minute • May 4, 2023

What I’m seeing in the Miami Real Estate Market in the last 10 days

by Maria Maji Ramos

It is so good to be back in Miami, in the land of humidity, believe it or not. 😅 Never thought I would say that, but we just came back from hiking in New Mexico and Arizona, and Colorado. High elevation, desert and trust me… humidity is a good thing.

Okay, so what’s going on in our market? Every time I travel, it’s like everything explodes. I had a new listing that went online right before I left town that went under contract while I was out of town. I was negotiating that and the inspections.  I had another property that wasn’t even on the market that we’re negotiating a contract on right now and a buyer that presented an offer on a short sale. All of this happened while I was out of town so I was negotiating remotely and my team was handling anything that required a physical presence.

So what am I seeing? I’m seeing properties that are still going above list price with no contingencies, all cash, and no inspection contingencies.

It’s still a pretty crazy market.

Of course, the values have gone down a little bit, not every property is seeing that type of activity. And it also depends on the market and the area.

If you are interested in buying or selling, contact me.

Like “Majic” I’ll get it CLOSED!

(Maji) Maria Ramos Real Estate Advisor P.A
305-519-7940  |  maji@majisold.com
Coldwell Banker Realty

• Miami Realtor since 1993
• 2nd Generation Realtor
• Expert Negotiator
• Market Trends Expert
• Miami native
• Bilingual – English & Spanish
• About me: https://linktr.ee/majisold

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