ARE WE IN A BOUNCY BOTTOM…OR SEEING THE FIRST SIGNS OF A DOUBLE DIP?

We have seen SOME progress from two years ago. Now, we’re experiencing another adjustment…or is it a double-dip?

Facts and Trends TM Published October 2010* Location: Dade County Price Range: $0 – No Limit SQFT Range: 0 – No Limit Property Types: All Res. Proptypes – All Properties – All Properties Prepared for you by: Wenceslao Fernandez Jr, CDPE – Keller Williams Realty Miami Beach Number of Homes For Sale vs. Sold vs. Pended vs. New Listing (Last 2 years) Curnt vs. Prev Month Curnt vs. Same Month 1 Yr Ago Curnt vs. Same Qtr 1 Yr Ago Curnt vs. Same Month 2 Yrs Ago Curnt vs. Same 12 Months 1 Yr Ago Sep. 10 Aug. 10 % Change Sep. 10 Sep. 09 % Change Jul. 10 to Sep. 10 Jul. 09 to Sep. 09 % Change Sep. 10 Sep. 08 % Change Oct. 09 to Sep. 10 Oct. 08 to Sep. 09 % Change For Sale 24368 24271 0.4% 24368 26296 -7.3% 24205 27146 -10.8% 24368 41230 -40.9% 24344 33117 -26.5% New Listing 5071 5396 -6% 5071 4182 21.3% 5311 4204 26.3% 5071 6053 -16.2% 5007 4781 4.7% Sold 1630 2061 -20.9% 1630 1826 -10.7% 1897 1819 4.3% 1630 1126 44.8% 1882 1558 20.7% Pended 3080 3215 -4.2% 3080 2723 13.1% 3018 2659 13.5% 3080 1458 111.2% 2822 2205 28% If your email program is not displaying the chart graphs properly, please click on the following link which will take you to a web page that contains the graphs: Show Chart *All reports are published October 2010, based on data available at the end of September 2010. This representation is based in whole or in part on data supplied by Realtor Association of Greater Miami and the Beaches, Reltor Association of Miami-Dade County, Realtor Association of Greater Fort Lauderdale and Northwestern Dade Association of Realtors. Neither the Board or its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market.

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