CondominiumsNeighborhood Comparison Data Source: SEF MLS, Mar. 19, ,2019 The largest increase of median sale price in 3-month trailing period year-over-year (Dec-Feb) has been observed in Coconut Grove (15.3%), followed by Key Biscayne (10.6%), and South Beach (8.9%). On the opposite side in the red is Aventura (-12.9%), Edgewater/ Midtown (6.9%), and Downtown/ Central Business…
Data Source: SEF MLS, Mar. 13, 2019 All five surveyed neighborhoods above continue to display decent growth especially the front-runners Little Haiti and Allapattah. Opa Locka and Hialeah lag behind but overall low inventory levels, ongoing strong sales velocities, and high sale/list ratios still make these good investment prospects.
Data Source: SEF MLS, Mar. 11, 2019 First, I would like to address a question I have been asked a number of times recently: Why is there such a discrepancy between between Median List Price and Median Sold Price? The answer is that the pricing spectrum or distribution of available properties does not correspond to…