{"id":87132,"date":"2016-07-18T13:43:31","date_gmt":"2016-07-18T13:43:31","guid":{"rendered":"https:\/\/www.ewmrealestate.com\/blog\/?p=87132"},"modified":"2019-04-19T19:48:37","modified_gmt":"2019-04-19T19:48:37","slug":"brickells-months-of-supply-have-decreased","status":"publish","type":"post","link":"https:\/\/ewmrealestate.com\/blog\/brickells-months-of-supply-have-decreased\/","title":{"rendered":"Brickell&#8217;s Months Of Supply Have Decreased"},"content":{"rendered":"<p>Gather \u2019round everyone and let\u2019s chat about everyone\u2019s favorite topic during happy hour cocktails: Brickell and the state of its market. There has been a lot of talking and speculation lately and I wanted to help clear things up a bit by once again just pointing at the data instead. Today, I wanted to shun the rumors and do research at one of the core fundamentals in every exchange of goods and services known worldwide:\u00a0<em>supply and demand.<\/em><\/p>\n<p>Since the beginning of 2016, the amount of inventory available for sale has been vast to say the least. In fact, one look at the graph below shows that we were close to reaching <strong>30 months<\/strong> of inventory in February. Since then, thanks to a rise in the absorption rate and a much needed correction of prices, I\u2019ve started to notice more sales, coming both from local as well as foreign buyers. As of right now, we currently stand somewhere around <strong>22 and 23 months,\u00a0<\/strong>which is a big change since February. I\u2019m eager to see how the rest of the summer pans out but it will take some time until I can have those figures ready.<\/p>\n<p><a href=\"http:\/\/themiamiobserver.com\/brickell-condos-months-supply\/\" target=\"_blank\" rel=\"noopener noreferrer\">For the full story on this topic please visit The Miami Observer Today!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gather \u2019round everyone and let\u2019s chat about everyone\u2019s favorite topic during happy hour cocktails: Brickell and the state of its market. There has been a lot of talking and speculation lately and I wanted to help clear things up a bit by once again just pointing at the data instead. Today, I wanted to shun<\/p>\n<p class=\"more-link\"><a href=\"https:\/\/ewmrealestate.com\/blog\/brickells-months-of-supply-have-decreased\/\" class=\"themebutton2\">Read More<\/a><\/p>\n","protected":false},"author":6177,"featured_media":130092,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_expiration-date-status":"saved","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"categories":[12269],"tags":[15,3665,3905,75,12291,12813,12293,12295,7105,8705,9897,13119],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Brickell&#039;s Months Of Supply Have Decreased - BHHS EWM Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ewmrealestate.com\/blog\/brickells-months-of-supply-have-decreased\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Brickell&#039;s Months Of Supply Have Decreased - BHHS EWM Realty\" \/>\n<meta property=\"og:description\" content=\"Gather \u2019round everyone and let\u2019s chat about everyone\u2019s favorite topic during happy hour cocktails: Brickell and the state of its market. There has been a lot of talking and speculation lately and I wanted to help clear things up a bit by once again just pointing at the data instead. Today, I wanted to shunRead More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ewmrealestate.com\/blog\/brickells-months-of-supply-have-decreased\/\" \/>\n<meta property=\"og:site_name\" content=\"BHHS EWM Realty\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/EWMRealtyInternational\" \/>\n<meta property=\"article:published_time\" content=\"2016-07-18T13:43:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-04-19T19:48:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHS-On-Solid-Background.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"376\" \/>\n\t<meta property=\"og:image:height\" content=\"376\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Marcelo Steinmander\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Marcelo Steinmander\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/brickells-months-of-supply-have-decreased\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/brickells-months-of-supply-have-decreased\/\"},\"author\":{\"name\":\"Marcelo Steinmander\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/8bc83923e19eee1955d22cd1303163ee\"},\"headline\":\"Brickell&#8217;s Months Of Supply Have Decreased\",\"datePublished\":\"2016-07-18T13:43:31+00:00\",\"dateModified\":\"2019-04-19T19:48:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/brickells-months-of-supply-have-decreased\/\"},\"wordCount\":214,\"publisher\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#organization\"},\"keywords\":[\"Brickell\",\"Downtown Miami\",\"EWM\",\"Front Page\",\"Luxury Properties\",\"Marcelo Steinmander\",\"Metropolitan Miami\",\"Miami\",\"Miami real estate\",\"Real estate\",\"South Florida Real Estate\",\"The Miami Observer\"],\"articleSection\":[\"In The News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/brickells-months-of-supply-have-decreased\/\",\"url\":\"https:\/\/ewmrealestate.com\/blog\/brickells-months-of-supply-have-decreased\/\",\"name\":\"Brickell's Months Of Supply Have Decreased - 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