Looking at some statistics regarding residential real estate in Miami Beach, we find that the number of total sales between the year 200 and 2009 have reached its peak in the middle of the 2005 and its lowest at the beginning of 2008. Right now, the sales of homes in Miami Beach are at the same level of the beginning of 2004, at around 500.
If we take a look at the median sales price, we find that both the peak and the lowest point were reached in 2008, going from almost 600K down to around 350K.
The number of residential real estate listings has seen a gradual lowering from February 18,2009 until March 4, 2009 from 5,200 to 4,400 with an increase on march 11, 2009 to reach the 5,200 number again.
The average listing price for the same period saw its lowest on march4, 2009 with 1.05M and its highest on march 11,2009, with 1.08M.
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