South Beach Pricing Band Analysis; So far this year, there have been 486 condo sales out of 1,566 total South Beach condos (1st to 23rd Street). Last year there were 927 total condo sales. What will be examined here is the number of genuine buyers given certain pricing bands from January 1st, 2010, to June 2nd, 2010, while to the right, in (brackets), are the number of actual buyers since January 1st, 2009. It is used to help determine optimal pricing for sellers and where the “real” buyers exist in the local market of South Beach Real Estate.
South Beach Condo Sales; Pricing Band Analysis
$249k less – 225 (642)
$250-$399k – 136 (308)
$400-$499k – 29 (104)
$500-$599k – 19 (68)
$600-$699k – 12 (49)
$700-$799k- 5 (18)
$800-$899k – 5 (20)
$900-$999k – 2 (19)
$1M-$1.299M – 15 (45)
$1.3M-$1.499M – 10 (21)
$1.5M-$1.799M – 8 (26)
$1.8M-$1.999M – 1 (6)
$2M-$2.299M – 1 (6)
$2.3M-$2.5M – 1 (4)
$2.5M-$3M – 6 (14)
$3M – $5M – 9 (25)
$5M+ – 2 (10)
Are you trying to sell your South Beach luxury condo?
Contact me today, and let’s go over the tried & true marketing plan with excellent results in selling your condo! 1.888.383.7326 ** All figures derived from the Regional MLS (Multiple Listing Service) on June 2nd, 2010.
You must log in to post a comment.