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3. Median and Average Sales Prices Continue to Rise.
In 2013, the median sales price for single-family homes in Miami-Dade County was $225,000, an increase of 19.7% compared to 2012 when the median sales price was $188,000. The median sales price for condos rose 19.9% to $175,000 compared to 2012.
In order to afford to purchase the median-priced home in Los Angeles, you'd need to earn $96,513 a year, according to HSH.com, a mortgage information website. The median home price in Los Angeles is $570,500, according to the real estate website, Trulia.com
are all 1.8 million median home sale price for everything or higher. If it was just single family, I'm guessing they're all over 2 million easy.
They all beat Miami Beach if the 1.5 thing is even true.
But the TRUTH is, Miami Beach is 350,000.
It doesn't matter.
LA IS MORE DESIRABLE NO MATTER WHAT YOU TRY TO DO .
Santa Monica median home sale is 1 million for all housing types. 90,000 population. Tons of condos and apartments. Most of them live miles away from the beach.
Venice Beach is mostly condos. 1.5 million for all housing types. 40,000-50,000 population.
Pacific Palisades 3.4 million for all housing types.
Don't be hung up on Miami Beach, it's tiny and is largely made up of $150-250k apartments
It's all he's got. Have you seen the prices for non Miami Beach areas of that metro?
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