South Beach Pricing Band Analysis

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.

Ocean Drive South Beach

About Ashton Coleman

Ashton is a tech & social media savvy professional who understands the industry providing white-glove service with a wealth of experience, an impeccable reputation, and a keen ability to efficiently handle all facets of real estate. Ashton’s territory has grown significantly since 2002, marketing & selling extraordinary South Florida coastal real estate from Miami Beach to Lighthouse Point. A Certified Luxury Homes Marketing Specialist (Million Dollar Guild), with a multitude of other residential certifications, Ashton provides both exceptional service and unique selling techniques. His success is attributed to an unparalleled work ethic with years of experience including top-tier professional services where the ‘art of the deal’ is mastered in contract negotiations, deal-making intricacies and the end, results-driven real estate.

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