Miami Single Family Update – Dec 2019Neighborhood Comparison Data Source: SEF MLS, December 20-23, 2019 Biscayne Real Estate brings you the latest market data and trends for single-family homes throughout Miami. Kendall, Miami Shores, and Coconut Grove have their inventories of unsold single-family homes at the lowest levels in the last 12 months. It would…
AirBnb & Unfurnished Rentals GRMNeighborhood Comparison The table above originally included in our June Monthly Report has been updated with the latest data from MLS and AirDNA. We sorted the neighborhoods from highest to lowest premiums charged for short term furnished housing over median unfurnished rental rates. Please note that a significant section of Miami Beach prohibits short term…
Miami Single Family Update – Nov 2019Neighborhood Comparison Data Source: SEF MLS, November 13-14, 2019 Table above presents updated data for single family homes throughout Miami neighborhoods. East Kendall has the highest year-over-year increase in the median listing price of 15.3%. Coral Gables’ median listing price conversely dropped by 11.8% from November of last year. Although the listing prices themselves are…
Average Rents for 2 Bedroom Apartments in BrickellBuilding Comparison Data Source: SEF MLS, November 10, 2019 This graph depicts the average rents for 2 bedroom apartments in various buildings in Brickell neighborhood in the last 12 months. Let us know if you are looking for a rental apartment in Brickell. Send us a message or…
Condominium Market Update – October 2019Neighborhood Comparison Data Source: SEF MLS, October 23, 2019 Most notable changes of available condominiums for sale took place in Coconut Grove where the number of available units increased by +9.4% to 233 and Edgewater where it decreased by -2.3% to 991. We show the changes of available units for…
Today I had an opportunity to tour ARKUP which is currently docked in Miami Beach marina. I previously visited the builder while ARKUP #1 was still under construction. It is one of those projects that already looks quite an impressive on a design board but then the idea, money source, and execution properly align and…
Single FamilyNeighborhood Comparison Data Source: SEF MLS, September 9, 2019 Number of active single family listings decreased on all surveyed neighborhoods by an average of 10.6% with a sole exception of Key Biscayne where the active listings number increased by 5.2%. Most notable changes in median sale price in the last 90 days took place…
Single FamilyNeighborhood Comparison Data Source: SEF MLS, June 15, ,2019 Number of active listings increased in all markets above except Miami Beach and Upper East Side. Most notable increase took place in Miami Shores and Coral Gables with 24.2% and 22.3% active listing increase from October of 2018. Median asking prices dropped in Coral Gables…
South Beach CondominiumsMedian Sold and Rented Prices Data Source: SEF MLS, May 31, ,2019 The two graphs above compare monthly price trends for waterfront and non-waterfront condominiums in South Beach. The top graph depicts median sale prices for condominiums on the water and inland whereas the graph below shows the same criteria for rented apartments.…
CondominiumNeighborhood Comparison Data Source: SEF MLS, May 27, ,2019 Most notable decreases in the last 90-day sold prices have been observed in Sunny Isles and Key Biscayne. While the last 3 months of 2018 the median sold price in Sunny Isles was well over $400,000, the current median sold price dropped to $350,000. The median sold…