Miami Condo Sales up 46%, Homes Sales 20%
Posted by: gianm
on Jun 22, 2011 
Tagged in: South Florida Real Estate , South Florida , South Beach Real Estate , South Beach Luxury Condos , South Beach Condos , Miami real estate sales , Miami real estate recovery , Miami Real Estate News , Miami Curb Appeal , Miami Beach Real Estate , Miami Beach Luxury Real Estate , Miami Beach Luxury Condos , Miami Beach Condos , Miami Beach , Icon Brickell , Gian Traina , Florida , Downtown Miami Real Estate , Coral Gables Realtors , Coral Gables Real Estate , Coral Gables Luxury Real Estate , Coral Gables Luxury Condos , Coconut Grove Realtors , Coconut Grove Real Estate , Coconut Grove Luxury Real Estate , Coconut Grove Luxury Condos , Brickell Real Estate News , Brickell Real Estate , Brickell Luxury Real Estate , Brazillians in Miami , Brazil
A recent Miami Association of Realtors report indicates that May condo sales were up 46% from the same time last year, and home sales were up 20%. A total of 1,420 condos were sold, up from 962 last May. Single family home sales increased up to 875. International buyers are still the driving force behind closed sales as 60% of transactions were completed by foreign nationals. Brazilians continue to be the hot topic in South Florida. The value of the Real is up, thus Brazilian purchasing power in South Florida makes for a great investment.
Icon Brickell rendering
Gian Traina