The Miami Association of Realtors reported that Miami-Dade County median home prices increased year-over-year in June 2020 as home sales continued trending upward despite the global COVID-19 situation. Reported World Property Journal.
New pending home sales in June are up double digits year-over-year. Pending sales is a future indicator of closings one to two months out. New pending sales for Miami single-family homes increased 33.8% year-over-year to 1,820. New pending sales for condos increased 12.9% in June to 1,504.