Jan
19

In the News January 19, 2014

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1/16/14  Douglas Elliman Releases Elliman Report for 4th Quarter 2013 Miami Sales:  The Miami market rose to new heights at the end of 2013. Housing prices reached their highest level in five years and their highest fourth quarter mark in at least seven years.   Miami fourth quarter sales rose to a fourth quarter seven-year-high and marketing times fell to their fastest rate in seven years. Along with the improvements in the statistics, there remained a strong source of demand from both New York City and a number of international locations. We are excited about how the 2014 market is shaping up.  See the full report at Elliman.com In Spanish, In Portuguese

 1/16/14  Douglas Elliman Releases Elliman Report for 4th Quarter 2013 Boca Raton Sales:  Housing prices in Boca Raton increased across all markets and sales activity remained high, but slipped below prior year levels. Overall and luxury properties took less time to sell compared to last year.  Along with rising prices and faster marketing times, we are beginning to see inventory edge up from very low levels as more homeowners look to enter the market. With a strong finish for 2013, we anticipate this momentum to carry into 2014.  See the full report at Elliman.com.

1/16/14  Douglas Elliman Releases Elliman Report for 4th Quarter 2013 Fisher Island, FL Condo Sales:    See the report at Elliman.com.

1/16/14  Douglas Elliman Releases Elliman Report for 4th Quarter 2013 Fort Lauderdale Sales:  Fort Lauderdale housing prices and condo sales were up from same time last year. Like other area markets, we are beginning to see inventory rise as more homeowners look to benefit from the stronger market. The time to sell a home continued to decline and cash sales still dominated the market. As the economy improves, we look to more gains in the coming year.  See the full report at Elliman.com.

1/16/14  Douglas Elliman Releases Elliman Report for 4th Quarter 2013 Miami Beach Islands Sales:  See the full report at Elliman.com.

1/16/14  Douglas Elliman Releases Elliman Report for 4th Quarter 2013 Palm Beach, FL Sales:  Overall housing prices for Palm Beach were up as inventory fell in the final quarter of 2013. There were fewer sales above $5M than a year ago and we saw more luxury inventory enter the market following a year with significant price growth. The pace of the single family market continued to move faster than the condo market. We are encouraged with the general strength of the market and look forward to an active 2014.  See the full report at Elliman.com

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