June 2021 Miami Market Report

June 2021 Miami Market Report


The Miami real estate market is HOT!

Single-Family Homes June 2021

The average price sold for single-family homes was up significantly year-over-year to $936K. Months of inventory significantly declined to 1.8 months.

June 2021 vs Year-Over Year
Avg Sold Price:           $936K up +57%
# Sold:                            1,465 up +27%
Months of Inventory:   1.8 down -58%

Condos & Townhomes June 2021

The condo & townhouse market is also strong. Due to the high prices of single-family homes, more buyers are opting to buy condos & townhomes. Average Price Sold is up in June 2021 vs year-over-year. Months of inventory was at an all time low.

June 2021 vs Year-Over Year
Avg Sold Price:         $626K up +55%
# Sold:                           2,421 up +178%
Months of Inventory:   3.4 down -80%

The market is strong. However, there are signs that prices have begun to stabilize.

If you’re thinking of selling and curious about the value of your home in today’s evolving real estate market, contact Rebeca Castellon Group today. We would be happy to provide you with a no pressure home valuation and help you reach your real estate goals!


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Rebeca is constantly dedicated to gaining the trust of buyers and sellers through smooth closings, her unwavering dedication to her clients can best be defined by her full-service approach, dedicated to each of her clients every step of the way.

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