Miami’s Record-Setting Condo Sales of 2018 Although it’s a strong buyers market in Miami-Dade, there have been a record number of luxury condos sold this year within The Magic City. The number of luxury condo sales were 10% higher (SP$/$5M+) along with sale price values (SP$/PSF) 4% higher in 2018 over the 2017 figures. Miami offers its residents with tremendous lifestyle advantages along […]
Miami’s Record-Setting Home Sales of 2018 Although it’s a strong buyers market in Miami-Dade, there have been a record number of luxury homes sold this year within The Magic City. There were 22% more sales while, at the same time, luxury home sale price values are 4% higher over 2017 figures. Miami offers its residents with tremendous […]
Miami Ultra-Luxe Condo Inventory by Location With Miami’s ultra-luxury condo inventory abundant, prices are coming down and awesome deals are being made. I’ve relayed often for the past few years, buyers are winning and will continue winning throughout next year. Reasons Why: Ample new construction; speculators were told they should buy pre-construction before prices went […]
Q2 Miami Residential Condo + Home Market Report We provide an in-depth look at how our markets are performing on a quarterly basis. Second Quarter (vs. Q1) Residential Market Activity Cooled. Miami Beach experienced 45% fewer closed sales, however, inventory levels have a notable decrease along with trends showing an increase in home sale price […]
Miami Beach & Fort Lauderdale Real Estate | Residential Inventory Report for July 2018 Miami Beach Residential Highlights: Miami Beach Condos YTD, 986 Miami Beach Condos have Sold. The YTD Average Sale Price per square foot for a Condo in Miami Beach is ⬇ $555 psf. .93% (7%) is the average discount for a Miami Condo at ⬇ 135 days on market. The highest grossing condo sale this year […]
The $20,000+ Miami (Coastal) Property Rental | A Pricing Band Analysis Miami’s coastline has always been known to have the priciest property rentals to choose from but with all of the new ultra-luxury developments, there are more options than ever to experience the ultimate Miami lifestyle. The question is what has rented at these high-end price […]
Miami Beach & Fort Lauderdale Real Estate | Residential Inventory Report for May 2018 Miami Beach Residential Highlights: Miami Beach Condos The YTD Average Sale Price per square foot for a Condo in Miami Beach is ⬇ $556 psf. .93% (7%) is the average discount for a Miami Condo at ⬇ 132 days on market. The highest grossing condo sale this year (Miami-Dade County) $26M or $3,820 psf for a South Beach Penthouse at 321 Ocean. […]
ALEXA Flash Briefing (Enable) for ‘Miami Luxury Real Estate’ & ‘Fort Lauderdale Luxury Real Estate’ A Weekly ALEXA Flash Briefing is LIVE on Fort Lauderdale’s Residential Real Estate & Miami’s Luxury Residential Real Estate – if you’d like to hear weekly reports from the comforts of your home and have Amazon Alexa, simply enable ‘Fort Lauderdale Luxury Real […]
Opportunities are abundant on South Florida’s luxury condo inventory. Months of Inventory, considered as the absorption rate for residential properties, is a market determinant showing how long it will take for inventory to be sold based on total active listings divided into the number of sales from a given monthly period ie.) 30-day sales/total inventory or […]
How have Trump Condos in South Florida fared after this 1st year as POTUS? A recent article in Quartzy mentioned Trump’s New York properties have now lost their luxury status and with so many Trump-branded developments here in South Florida, curiosity got the better of me. The report compares the prices of Trump properties to the […]
Ashton Coleman | One Sotheby's International Realty
119 Washington Avenue Suite 102 • Miami Beach, FL 33139 • Ashton@miamidreamrealty.com
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