This week’s South Florida news relating to the real estate industryThis week’s Los Angeles news relating to the real estate industry

Need news in a flash? Here’s what’s happening in your community.

Miami’s average home value in the month February was 7.8 percent, or $20,000, higher than the national average in Black Night Financial Service’s monthly residential real estate report.

Jeremy and Elyse Glass of Glass Group with REMAX have listed a five-bedroom, 4.5-bathroom home on the waterfront in St. Lucie Village for $1.2 million.

Despite national trends, housing inventory in the Miami/Fort Lauderdale metro area rose overall in Zillow’s recent Q1 2016 Market Report.

 

Zillow-Q1-Miami-Inventory

Got a lead on some news happening in your community? Send information to local@inman.com

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