South Beach Condo Market Update Miami Real Estate 2017

South Beach Condo Market Update Miami Real Estate 2017

South Beach Condo Market Update Miami Real Estate 2017

South Beach Condo Market Update Miami Real Estate 2017

Actives: 1795 active condos homes on the market
Just Listed: 34 new condos
Under Contract: 112 under contract
Expired: 1067 condos didn’t sell this
Sold: 938 condos sold year to date

186 $200K and under
474 condos sold over $200K to $500K
92 condos sold from $700K to $1M
68 condos sold from $1M to $2M
46 condos sold under $2M to 5$M
17 condos sold from $5M plus

Month’s of Inventory:  21 Months
9 month’s of inventory $200K and under
11 month’s of inventory $200K to $500K
22 month’s of inventory $700K to $1M
23 month’s of inventory $1M to $2M
34 month’s of inventory $2M to 5$M
49 month’s of inventory $5M plus

To truly understand how to position your home to sell, it’s important to know the market. If you consider the entire area of the South Beach condominium market there are 21 months of inventory.

If you would like to talk more about what your home may sell for in today’s market, give Jamey a call at 305-793-8965 or click on this link to get a free home value. http://bit.ly/whatmaymyhousesellfor

Find out how we can help you sell your home today.

The South Beach neighborhood of Miami Beach offers serious stunning beauty in architecture and design with the luxury living you seek from Miami residency. Truly, every detail seems to have been considered when it comes to these residences. Choose anything from the smaller one bedroom options to the roomier four bedrooms with four and a half baths.

There are many places to choose from within Miami and the surrounding areas. Each one does still manage to offer a unique appeal you find slightly different at the next building. For those who love upscale loft living, the South of Fifth Miami Beach may have in store for you just what you have always wanted.

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