Schenley Park Area Miami Real Estate Market UpdateJuly 2024

Discover the latest Schenley Park, Miami real estate market trends as of July 2024 with Berenice Elguezabal, your trusted real estate agent. In this comprehensive market update, we'll delve into the most recent data on sales, inventory, and prices, and what these trends signify for potential buyers and sellers planning to transact in the next 6 to 18 months.

Key insights covered include:

A notable 50% drop in closed sales.

Increasing inventories, now at a 7.7-month level, indicating a buyer's market.

A significant 11% increase in new listings, adding to the market's dynamic landscape.

Get expert forecasts for the rest of 2024, including:

Moderate home price increases, making it a balanced market.

Slightly lower mortgage rates, potentially reducing your monthly payments.

Steady home sales, with national trends indicating around 5 million sales, supported by job gains and more inventory.

Make informed real estate decisions with the latest Schenley Park, Miami market statistics and projections. Don't miss out on this opportunity to stay ahead in the Miami real estate market. Subscribe for regular updates and contact Berenice Elguezabal to leverage these trends to your advantage.

Thank you for watching, and here's to smart real estate decisions in 2024!

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Тэги:

#Housing_Market #MiamiHousingMarket #MiamiMarket #SchenleyParkarea #MiamiRealEstate #305realestate #sellingyourhouse #buyingahouse #real_estate #housing_market_2024_forecast #real_estate_market_2024 #real_estate_market_today #selling_your_house_tips #33155 #SchenleyPark #Coral_Terrace_Miami

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