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Real Estate in Miami | Kim Jones Group

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!