Miami in Distress

As of 11/21/10, 42% of properties in Miami- Dade county are currently listed as a short sale or REO. 51% of condominium short sales occur in the $0-$100,000 price range. 82 % of condominium short sales occur are listed below $200,000. 40% of single family home short sales are listed between $100,000-$200,000. Below is a summary of the number of properties listed in distress in Miami- Dade county by price range.