It seems lately that real estate in Miami is hotter than ever, and there are more pending and closed sales happening. It’s definitely a seller’s market here, especially in the Coconut Grove, Coral Gables and Pinecrest area. Single family home sales are at 5.6 months inventory with condominiums at 8.4 months. A balanced market is 6 months inventory and with an influx of foreign buyers, Miami is healthy market. Take a read below!