July – September (Q3 2020) Trends
Miami Coastal Homes & Condos (Q3 2020) are in demand, and buyers are moving swiftly on today’s property inventory in South Florida. If you’ve been on the sidelines watching, today is an ideal time to find great value in real estate in Miami.
Miami Beach
Homes
- Active Listings: 364
- 2020 Closed Sales: 100
- 2019 Closed Sales: 68
- % Change: ⬆ 32% Increase
- 2020 (median) SP$/psf: $608 psf
- 2019 (median) SP$/psf: $486 psf
- % Change: ⬆ 20% Increase
Condos
- Active Listings: 2,929
- 2020 Closed Sales: 381
- 2019 Closed Sales: 438
- % Change: ⬇13% Decrease
- 2020 (median) SP$/psf: $369 psf
- 2019 (median) SP$/psf: $379 psf
- % Change: ⬇3% Decrease
Surfside
Homes
- Active Listings: 44
- 2020 Closed Sales: 18
- 2019 Closed Sales: 9
- % Change: ⬆50% Increase
- 2020 (median) SP$/psf: $436 psf
- 2019 (median) SP$/psf: $396 psf
- % Change: ⬆9% Increase
Condos
- Active Listings: 133
- 2020 Closed Sales: 23
- 2019 Closed Sales: 14
- % Change: ⬆39% Increase
- 2020 (median) SP$/psf: $389 psf
- 2019 (median) SP$/psf: $511 psf
- % Change: ⬇24% Decrease
Bal Harbour
Homes
- Active Listings: 15
- 2020 Closed Sales: 2
- 2019 Closed Sales: 4
- % Change: ⬇50% Decrease
- 2020 (median) SP$/psf: $1795 psf
- 2019 (median) SP$/psf: $1033 psf
- % Change: ⬆42% Increase
Condos
- Active Listings: 289
- 2020 Closed Sales: 27
- 2019 Closed Sales: 29
- % Change: ⬇7% Decrease
- 2020 (median) SP$/psf: $545 psf
- 2019 (median) SP$/psf: $588 psf
- % Change: ⬇7% Decrease
Sunny Isles Beach
Homes
- Active Listings: 33
- 2020 Closed Sales: 5
- 2019 Closed Sales: 6
- % Change: —
- 2020 (median) SP$/psf: $492 psf
- 2019 (median) SP$/psf: $484 psf
- % Change: ⬆2% Increase
Condos
- Active Listings: 1,677
- 2020 Closed Sales: 184
- 2019 Closed Sales: 188
- % Change: ⬇2% Decrease
- 2020 (median) SP$/psf: $341 psf
- 2019 (median) SP$/psf: $280 psf
- % Change: ⬆8% Increase
Aventura
Homes
- Active Listings: 36
- 2020 Closed Sales: 8
- 2019 Closed Sales: 9
- % Change:
- 2020 (median) SP$/psf: $284 psf
- 2019 (median) SP$/psf: $291 psf
- % Change:
Condos
- Active Listings: 1,459
- 2020 Closed Sales: 244
- 2019 Closed Sales: 231
- % Change: ⬆5% Increase
- 2020 (median) SP$/psf: $223 psf
- 2019 (median) SP$/psf: $226 psf
- % Change: ⬇1% Decrease
Downtown, Brickell & Upper East Side
Homes
- 2020 Active Listings: 154
- 2020 Closed Sales: 57
- 2019 Closed Sales: 51
- % Change: ⬆11% Increase
- 2020 (median) SP$/psf: $385 psf
- 2019 (median) SP$/psf: $308 psf
- % Change: ⬆20% Increase
Condos
- 2020 Active Listings: 3,680
- 2020 Closed Sales: 502
- 2019 Closed Sales: 495
- % Change: —
- 2020 (median) SP$/psf: $361 psf
- 2019 (median) SP$/psf: $341 psf
- % Change: ⬆6% Increase
Miami Coastal Homes & Condos
Whether you’re seeking a fantastic Miami coastal home, a remodeled condo, a penthouse for sale, off-market & investment opportunities, vacant land for development, bulk condo investments, or simply relocation assistance for your family or team, I’ll have it customized and ready for you – contact me here and let’s discuss your ideas and vision for South Florida residential real estate opportunities.
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ONE Sotheby’s International Realty
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I’m connected with the world’s best luxury real estate brand and a vast global network of friends & colleagues who offer a bespoke experience wherever you are. Locally, I offer the best in real estate knowledge and client services as a master broker-associate with the leading firm, ONE Sotheby’s International Realty. Why Sotheby’s? Because of the brand heritage, prestige, propensity for perfection, and, quite simply, the immense global reach in curating luxury goods and real estate. Since 2002, I’ve been successful in the South Florida residential market with knowledge, experience, and white-glove service that consistently exceeds expectations.
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Let’s talk #888.38.DREAM or contact me for a curated property list of new residential opportunities matching your wants & needs here in South Florida.
Technology & Resources.
The Miami Beach Real Estate Blog is an excellent resource for Southeast Florida residential real estate data, trends, and property information. South Florida’s population influx is essential in assisting our growth and resilience, so check back often to uncover more about South Florida real estate opportunities and trends.
- MiamiPenthousesandEstates.com
- FortLauderdalePenthousesandEstates.com
- Coleman.Properties
- MiamiDreamRealty.com
- ONE Sotheby’s & Ashton Coleman, P.A.
- Jade Beach, Jade Ocean & Jade Signature
- What’s My Home Worth Today?
- Marketing Your Property by Ashton Coleman
- Sotheby’s Marketing Presentation
- ONE Sotheby’s International Realty | Marketing Affiliates
- Client Reviews
- Sotheby’s International Realty History/Overview
- Sotheby’s – An Overview and the Auction House
- ONE Sotheby’s International Realty History/Overview
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