Last year, sales for property such as Miami Beach homes ended on somewhat of a high note, is that still the case in 2010?  If January’s numbers are anything to go by, the year didn’t get off to a very healthy start as January home sales declined from December of 2009.  The news is disappointing but not necessarily unanticipated as home sales are typically sluggish during the first two months of the year.

So how big were the declines?  Home sales dropped by thirty percent, pushing the median sales price for Miami Beach homes and neighboring cities down to $183,400 which is itself a ten percent drop.  Condominiums also experienced a drop of thirty percent during the December to January period and a median price drop to $141,700, even lower than traditional homes.  These numbers represent figures in Miami-Dade County.

Despite these drops, these numbers are actually a significant improvement compared to January of 2009.  It does however reinforce the fact that a market recovery will likely continue to be a long road with many bumps.  On the other hand, if you’re considering purchasing Miami Beach homes, they can now be found even lower price tags than last year.