Miami housing market trends | Check out these new projects!

open to find your next condo in Miami [View this email in your browser]( Real Estate in Pixels: AI's Weekly View Hello {NAME}, Here's a quick catch-up on what's trending in Miami real estate this week: What's the housing market like in Miami right now?: - Avergae Miami home value sits at $554,046, up 7.9% from last year - Homes receiving an average of 3 offers and selling in roughly 75 days - 4,008 homes in for sale inventory - There's been 899 new listings as of January 2024 - Median sale price sits at $548,333 - Median listing price $741,633 - The median sale price per square foot stood at $484, an 8.8% rise from last year - There were 406 homes sold in January, a 5.2% increase from the year before New Brightline station: Brightline has selected Stuart for its new $60 million train station, aiming to enhance the Treasure Coast's connectivity. Scheduled for a ceremonial event in March, the project involves a collaborative financial effort between the city, county, and Brightline itself. The station will be centrally located downtown near the Martin County Courthouse, with the site provided by the county and leased to Brightline for a minimal fee. This development faced competition from other locations, notably Fort Pierce, which had also shown strong interest in hosting the station. Will Smith filming Bad Boys sequel in Miami: Will Smith and his crew will be in filming the fourth installment of Bad Boys in downtown Miami and Brickell this week. Keep an eye out for road closures over the coming days. Check out these new and highly sought-after pre construction projects! CONTINUUM CLUB & RESIDENCES Starting From $900s | Continuum Company | | 1755 79th Street Causeway, North Bay Village, FL | Closing 2027 Only 10% down at reservation 360 cinematic views of the beach, downtown Miami & Biscayne Bay [VIEW PROJECT]( 2200 BRICKELL Starting From $900s | Aria Development Group | | 2200 Brickell Ave, Miami | 20 min drive from Miami International Airport FTX Arena located just north of the building Walking distance to top restaurants, luxury shopping, and nightlife [VIEW PROJECT]( Thinking about buying or selling your home sometime in the future? It's a complex process and can sometimes be a hassle, but working with the right agent makes all the difference. [Read our latest blog post]( to find out what questions you should be asking your agent before working together. [Facebook]( [Instagram]( [Website]( Copyright © 2024 Nugen Realty, Brokerage, All rights reserved Price, offers and Cash Back are subject to change. Restrictions may apply. Your privacy is important to us. Please read our [Privacy Policy]( [app_store]( [play_store]( Want to change how you receive these emails? You can [update your preferences]( or [unsubscribe from this list](. This email was sent to {EMAIL} [why did I get this?]( [unsubscribe from this list]( [update subscription preferences]( Hauskey Inc. · 79 Wellington St W Suite 1620 · Toronto, ON M5V 1G1 · Canada