The Miami Beach Real Estate reviews for September 2010. The summertime buyer mentality is that Miami Beach real estate sales are slow, and although a steady confidence builds, August proved it to be so…
Statistics for the month reflect 4,514 total condos for sale along the oceanfront communities of South Beach, Miami Beach, Bal Harbour, North Bay Village, and Sunny Isles Beach, down 8% over this time last year and up 1% over last month.
Miami Beach Real Estate September 2010
- South Beach Condos: 1,673 for sale | 60 Sales in last 30 days | Average Days on Market 145 | Average Buyer Discount 7% | Average PPSF Asking $371/Sold $333
- Miami Beach Condos: 1,229 for sale | 46 Sales in last 30 days | Average Days on Market 127 | Average Buyer Discount 7% | Average PPSF Asking $285/Sold $259
- Bal Harbour Condos: 225 for sale | 11 Sales in last 30 days | Average Days on Market 161 | Average Buyer Discount 10% | Average PPSF Asking $384/Sold $341
- North Bay Village Condos: 243 for sale | 17 Sales in last 30 days | Average Days on Market 102 | Average Buyer Discount 5% | Average PPSF Asking $139/Sold $129
- Sunny Isles Beach Condos: 1,144 for sale | 37 Sales in last 30 days | Average Days on Market 159 | Average Buyer Discount 5% | Average PPSF Asking $256/Sold $235
This video on the Today Show caused many web visitors to try and search for Miami Beach and South Beach, Florida condo opportunities under $50,000, only to be greatly disappointed. Whether it be the lack of true condo inventory under $100k, the quality of the property, the taxes, or the monthly fees, most were a bit misled on the vast opportunity along Miami-Dade County Beaches. For more information on oceanfront locations, buildings, or statistics, write, find me on Live Chat, or call me toll-free at 1.888.383.7326.
June 2010 – Real Estate Statistics for the Miami Beaches
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