Graphs above compare historical trends of sold prices and rents per-square-foot for Brickell condominiums separated by year when buildings were built. We created 3 main categories: Buildings completed before year 2000, from 2000 to 2015, and after 2015. You can observe significant average price difference between fairly newly delivered properties and 2 other groups. Overall,…
There has been an uptick in a number of active condominium listings across the board with a sole exception of South Beach. The largest inventory increase of 7.3% was observed in Sunny Isles which just surpassed 3 years at 36.7 months. Inventory is calculated by dividing the number of active listings by a number of…
Data Source: SEF MLS, Feb. 15, 2019 Amount of active listings in February increased across all surveyed neighborhoods above by an average of 6.2% with a largest increase in Key Biscayne with a jump of 11.2%. Most significant increases in median asking prices from previous month are in East Kendall (7.4%) and Upper East Side…
Coral Gables & Coconut Grove Sales Data Source: SEF MLS, Feb. 15, 2019 Above graphs depict number of closings each month and median sale price in Coral Gables and Coconut Grove from January 2018 to January 2019.