Investment opportunities in South Florida and Miami

Since the last two decades, Florida has been growing fast in technology, industrialization, tourism, etc. In South Florida, Miami is the main center of attraction. Its valuable features include south beaches, comfortable all-year-around weather, luxury restaurants, Ocean drive, and much more. Moreover, Miami is getting more gentrified with the addition of thousands of condos downtown, making it a fitting place for spending a life. Because of being South Florida's most attractive and valuable place, Miami welcomes investors from all over the world. Most of the investors prefer the real estate market due to endless opportunities. If you are an investor or realtor in Miami, you will be lucky to come across this read.

MIAMI-DADE COUNTRY | March 2022
REAL ESTATE SNAPSHOT - Change since this time last year
All property typess

Miami Real Estate: Why invest in Real Estate Miami?

Every investor wants to preserve and grow his wealth, and investing in Miami's real estate is the best option to do this. Miami, an exotic land, has been through many cultural evolutions. Still, it is known for its tanning and glistening beaches. Every single feature of Miami has contributed to improving the investment potential of this city. Location is always the key concern when it comes to buying a property. Miami is a place where investors can enjoy high rental yields or permanent sales. The development of south beach and 23000 condos downtown increases the prominence of real estate potential. Miami is becoming the brightest spot to have a permanent home or second residence. The scale is going up, offering luxurious destinations, making Miami a vibrant city, and welcoming a large investor's community. Many investment opportunities are emerging out with the increase in demand.

Investment Opportunities in Miami

Undoubtedly, Miami properties' demand is getting high, and investors are deeply looking to make impressive deals. No matter if a person invests for personal or professional use, financial growth is guaranteed. The potential trend of the real estate market is more likely to grow in the upcoming years. Many multi-national companies have made it a hub to access human resources and grow their businesses. It makes access easier for skilled labor, thus attracting companies and employees. It isn't wrong to say that Miami has become a corporate hub for many national and international companies. The soaring demand for land and property increased opportunities for real estate brokers in the Miami real estate market. Miami is growing every day in connection with business prominence and real estate investment opportunities.

FULL MARKET SUMMARY
March 2022 | All Property Types

According to studies, home prices rose high in past years, raising the demand for rental homes in Miami. But now the trend has taken a shift. The people find it fruitful to own a house rather than having it on a rental basis. Whatever the situation is, the investors are at a profitable edge. Building residential homes and apartments promise high returns on investment. Embellished with detailed craftsmanship, beautiful colors, indoor pools, spas, complementary living spaces, and luxury rooms are perfect reasons to buy a home in Miami. The Mondial International Realty, a real estate broker in Miami, has an eye on the show-stopping real estate properties that can bring 5% to 12% yearly profit.

SOLD AND NEW PROPERTIES (UNITS)
March 2022 | All Property Types
Sold Properties | Number of properties sold during the year
New Properties | Number of properties listed during the year.

People from all over the world are looking to buy condos in Miami to enjoy a luxury lifestyle. Other than the residential area, Miami has a large room for investors in commercial properties. Moreover, a mortgage investment opens the door for small businesses and helps them participate more in house financing using private lending.

The red hot real estate market of Miami is not getting cool. The local public and the world's well-known bold names book permanent homes or rent houses in Miami. Many politicians and film stars are included in the list of buyers. Moreover, it is a must-have address for various billionaires. These facts show that Miami is the center of attraction for all families, friends, business owners, etc. Therefore, Miami has vast opportunities to invest in real estate. Investors have endless benefits in both personal properties and commercial lands. It is right to say that Miami is the best suitable place to grow a family, run a business, and get massive profits.

MEDIAN SALES PRICE AND NUMBER OF SALES
March 2022 | All Property Types
Median Sales Price | Price of the ""middle"" property sold -an equal number of sales were above and below this price.
Number of Sales | Number of properties sold.

If you are dealing in real estate properties in Miami or looking to settle in the city of glory, then you have come across the right platform. Mondial International Realty uses an active marketing strategy to reach maximum customers on different social media platforms. Our competent team captures the alluring image to add sellers' property to top listings and boost sales. Moreover, it supports buyers in finding the best place for their usage. Stand out in a highly competitive market by choosing a perfect platform for luxury condos and other properties. We are always pleased to serve our valuable customers. Contact us for more details.

AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET
March 2022 | All Property Types
Average Sales Price | Average sales price for all properties sold.
Average Days on Market | Average days on market for all properties sold.

SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE
March 2022 | All Property Types
Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price.

AVERAGE SALES PRICE AND NUMBER OF PROPERTIES FOR SALE
March 2022 | All Property Types
Average Sales Price | Average sales price for all properties sold.
Properties for Sale | Number of properties listed for sale at the end of month.

PROPERTIES FOR SALE AND SOLD PROPERTIES
March 2022 | All Property Types
Properties for Sale | Number of properties listed for sale at the end of month.
Sold Properties | Number of properties sold.

AVERAGE ASKING/SOLD/UNSOLD PRICE
March 2022 | All Property Types
Unsold Price | the average active list price
Asking Price | the average asking price of sold properties
Sold Price | the average selling price

ABSORPTION RATE
March 2022 | All Property Types
Absorption Rate | Looks at the past year's monthly supply of inventory. In a normal market there should be a 6 month supply. The higher the rate above 6 the more aggressive a seller has to be with the competition; price and having a picture perfect property.

MONTHS SUPPLY OF INVENTORY
March 2022 | All Property Types
Months Supply of Inventory | Properties for sale divided by number of properties sold.
Units Listed | Number of properties listed for sale at the end of month.
Units Sold | Number of properties sold.

Request more information
Request a call
Leave a request
and I will call you back soon
Request a call