Shorewest
Realty
MLS
Calgary
Central
Coast
California
Real
Estate
Connecticut
Mortgage
Brokers
Government
Home
Loans
North
Florida
Real
Estate
Money Saving Tips :: Houses for Sale in Miami Florida
Houses for Sale in Miami Florida: Houses for Sale and the Market in Miami, Florida
Custom Search
Despite the recent downturn in the Florida real estate market, interested buyers can find houses for sale in Miami, Florida that are increasing in or retaining their value.
For more information on the Miami housing market, keep reading for an overview of the city, median sales prices, foreclosure areas, popular neighborhoods and where to find a quality real estate agent.
About Miami
Miami itself may only have just over 400,000 residents, but the Miami metropolitan area holds over 5.59 million people. The city was recently ranked the country's cleanest city by Forbes magazine, thanks to its good air quality, clean water, progressive environmental campaigns, recycling programs and expansive green spaces.
Over 60 percent of the local population is Hispanic or Latino and the city, subsequently, has a strong Latin culture that comes through in its vibrant nightlife, Spanish language and community. Because of this diversity, The City of Miami actually has three official languages – English, Spanish and Haitian Creole.
There are 12 post-secondary schools in the Miami metropolitan area, including Miami Dade College, Florida International University, Barry University, the University of Miami and Florida Memorial University.
Median Sales Prices in Miami, FL
The median sales price for houses for sale in Miami, Florida currently hovers between $300,000 and $350,000. While those prices have dropped over the last year, they're currently leveling off and holding their value as the hot Miami market bounces back.
Areas Increasing in Value in Miami, Florida
Despite an overall downturn in the Miami housing market, there are still properties and areas that are increasing in value. These hot neighborhoods and regions include Aventura, Bal Harbor, Miami proper, Jupiter, Wellington and the nearby West Palm Beach area.
These areas are all high-end locations with median prices close to or above the $500,000 mark, Miami proper being the exception. When it comes to houses for sale in Miami, Florida, the properties most likely to increase dramatically in value include luxury condos and houses in private or gated communities.
Foreclosures in Miami, FL
In recent months, Miami has seen an average 1200 to 1800 new foreclosure houses for sale in Miami Florida every month. The area with the highest number of monthly foreclosures is zip code 33177, the area closes to the Miami Metrozoo and the US Army Reserve Training Facilities, including the South Miami Heights neighborhood.
Popular Realty Firms in Miami, FL
When looking for houses for sale in Miami, Florida, you'll most likely need the services of a qualified, local Realtor or real estate agent. Popular real estate companies include national firms like Century 21 and Coldwell Banker and local firms like The Company Real Estate.
See also:
All Articles for Home Property Tips
Custom Search
Looking for a multiple listing service in toronto?
Toronto mls
Only $9.95!!
Learn great tips about how to market and sell your house with
Sell Your Home Yourself
Order Online
24 Hours a Day
7 Days a Week
365 Days a Year!
Copyright 2008
HomePropertyTips.com :: Houses for Sale in Miami Florida