Miami Home Prices Increase for a Fourth Straight Month
This article is for subscribers only.
Home prices in the Miami area rose for a fourth straight month in March as fewer condominiums and houses came to market and distressed properties accounted for a smaller share of deals.
Condo prices in Miami-Dade County jumped 46 percent from a year earlier to a median $141,700, the Miami Association of Realtors said yesterday in a statement. Single-family home prices gained 13 percent to $180,000.