Miami Area Condo Sales | 2006 vs. 2016 Comparison

Areas Studied: Miami Beach, Fisher Island, Surfside, North Bay Village, Bay Harbor Islands, Bal Harbour, Sunny Isles Beach

Click any area link above for the deepest discounts today on luxury Miami condos. Miami area condo sales volume is up 37 percent over 2006 sales trends.

Buying opportunities become abundant with selection, strategy, cash and patience.

Miami CONDO Trends

January to April; 2006

YTD Closed Sales – 724
Median Sale Price – $365,000
Median SP$/PSF – $385
Median DOM – 71

January to April; 2016

YTD Closed Sales – 1,142 (37 percent more sales this year)
Median Sale Price – $340,735 (7 percent less than 2006 high)
Median SP$/PSF – $340 (12 percent less in Sale Price PSF than 2006 high)
Median DOM – 111 (40 days longer to sell)

2006 vs. 2016 Condo Sales
Create bar charts

All figure derived from the South Florida MLXChange

We are still behind our 2006 high when comparing residential condo sales & trends. Want detailed statistics on a certain market segment? Just ask!

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Miami Area Condo Sales | 2006 vs. 2016 Comparison