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Market Update – August 2012 August 24th, 2012
Miami home prices historically strong Limited housing supply and strong demand has seen home prices in Miami increase again in the second quarter of 2012, the latest data from the Miami Association of Realtors shows. The median sales price for single family homes in Miami Dade County rose 4% to $185,000 in the second quarter of 2012 compared to the second quarter of 2011, and 6% compared to the first quarter of 2012. And the median sales price for condominiums was $153,000,...
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