Miami-Dade Pending Home Sales and Showing Appointments Rise
Retrieved on:
Tuesday, February 21, 2023
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MIAMI, Feb. 21, 2023 /PRNewswire-PRWeb/ -- Two leading homebuying indicators – pending home sales and showing appointments— surged month over month in Miami-Dade County as the resilient South Florida market continues to illustrate its unique market demand in the face of elevated mortgage rates, according to January 2023 statistics released today by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.
Key Points:
- It takes up to 40 days for pending sales to close and not all pending sales and showing appointments end in deals.
- Showing appointments in the Southeast Florida MLS, which is owned by MIAMI REALTORS®, jumped 54.5% month over month to 233,144 showings.
- Miami-Dade County total pending sales rose 35.5% month over month, from 1,688 in December 2022 to 2,288 in January 2023.
- It is the first month-over-month rise of total pending sales since August 2022.