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.

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.



About Jamey Prezzi

Jamey Prezzi serves the residential real estate market from the South of Miami to parts of Broward and all neighborhoods in between. She works in collaboration with her husband, Ognjen Prezzi at ONE Sotheby’s International Realty.

Recognized as Top Producers over the last 12 years, they are committed to their customers as well as their local real estate community.

Whether you are looking to sell your home or buy a new one, they have an in-depth market knowledge and can help guide you successfully through the neighborhoods, different types of homes and what to expect when selling or purchasing a home in South Florida.

Their mission is to provide an over the top level of service by setting their clients up to succeed from the very beginning through providing sound advice, solid strategies, and following through with an “all hands on deck” approach throughout the sales process.

They have a local real estate blog with over 800 blog topics and a popular youtube channel with more than 100 videos.

Jamey is originally from South Carolina and Virginia. She resides in Miami Beach with Ognjen and their son.

Miami Beach Real Estate Update Condos

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