HUGE PRICE DROP Just Happened For Miami Multifamily Real Estate
The Miami multifamily investments real estate market just got DEVASTATED with a 6.9% reduction in Median Sale Price in just ONE month! That's crazy! But what's behind this price drop? Could it signal more reductions coming in the future or was it just a one-time thing? What's the status of the rest of the multifamily market aside from prices? All of these questions and more are answered in this video! So if you're a multifamily real estate owner or want to invest in Miami, this is a definite MUST-WATCH video!
Reach out to me for personalized, expert guidance in the Miami real estate and Broward real estate markets. I can also connect you with the best agents worldwide! Make sure to hit subscribe, ring the notification bell, and obliterate the Like button before you go. Thanks for watching!
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💎 Jake Fletcher is the founder of The Fletcher Group in Miami, FL
💎 He is a licensed Realtor® at eXp Realty
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💡 Book a free consultation - https://bit.ly/3MjslfX
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👨🏻💻 Jake Fletcher - Your Friend in Real Estate
🏡 Listing Specialist - Fletcher Group
🏝 eXp Realty - Miami, FL
📲 Call/Text Direct at (305) 812-9181
📧 [email protected]
💻 fletchergroupre.com
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💭 "A great Realtor is a friend you can trust who will also help you achieve your next real estate goal with the best possible results." 💾
*All data comes from CoreLogic and the MIAMI MLS
0:00 - Intro
1:00 - Inventory
2:52 - Days on Market vs Close to Original Price Ratio
5:43 - Median Sale Price vs Number of Sales
8:18 - Months of Inventory vs Expired Listings
10:10 - Conclusions
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