Condo sales in Miami increased again in March, while single-family homes had a record-breaking month, according to the Miami Association of Realtors.
In total, 1,276 single-family homes were sold during the month- the most ever, and a 9.2 percent increase over March 2015. Sales volume of existing condominiums rose 2.3 percent year-on-year.
Single family home prices were up 15 percent compared to 2016, while existing condo prices increased 7.4 percent.
Condo prices have increased in 68 of the last 70 months, while home prices have been up for 65 consecutive months.