Miami Coastal Homes & Condos (Q3 2020)

July – September (Q3 2020) Trends

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

Whether you’re seeking an amazing trophy home, a remodeled condo, a Miami 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

You have ONE life to live. You should expect the most from it. As you create your life’s legacy—through friendships, family, and professional accomplishments—you need partners on the journey who take the time to know and understand you and your goals. Professionals who seek to find the perfect place where your dreams can live and take shape in all that surrounds you, inspires you and reflects your values. At ONE Sotheby’s International Realty, that is what inspires our mission: to give extraordinary lives a home to thrive. – OnlywithONE

Your Vision is Our Inspiration.

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 in the world. Locally, I offer the very best in real estate knowledge and client services as a master broker-associate with the leading firm, ONE Sotheby’s International RealtyWhy Sotheby’s? Because of the brand heritage, prestige, their 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 an important factor in assisting our growth and resilience so check back often to uncover more about South Florida real estate opportunities and trends.

Amazon Alexa Skill Flash Briefing

An ALEXA Flash Briefing is now on Miami’s Residential Real Estate – if you’d like to hear reports from Amazon Alexa, simply enable and I’ll deliver the relevant news simply by asking for the latest news or flash briefing!

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