The Miami Downtown Development Authority (“Miami DDA”) recently released their 2016 Greater Downtown Miami Annual Residential Real Estate Report (Q1) which provides an update on the Greater Downtown Miami condo market showcasing upcoming developments, sales and leasing metrics and an all-new leverage analysis. The 2016 report shows that the condo market in Miami is showing signs of maturity and resiliency, as sales velocity and pricing appreciation continues to stabilize.
The report was prepared for Miami DDA by Integra Realty Resources, which is the largest independent commercial real estate market research, valuation and consulting firm in North America.
DOWNLOAD: Greater Downtown Annual Residential Real Estate Report – Q1 2016
If you, or someone you know, are interested in purchasing a condo in Downtown Miami, or simply have a question about the real estate market, please contact your Miami condo specialist, Michael Light. You may reach me on my cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.