Miami Beach Condo inventory is fluctuating with what may possibly due to summer months and we now find 10 months of condo inventory for sale. Condo inventory is down 20% (YTD) from July of 2011 and up 2% since review last month. Luxury condo towers such as Jade Ocean, Jade Beach, Ocean Four and Turnberry Ocean Colony are noticing only 3 to 5% condo inventory […]
Tag Archives: Il Villaggio
The Miami Beach Real Estate RE-Views for June 2012
The Miami ‘Beach’ Markets bottom was found in 2009. Miami’s real estate market is shifting rapidly from a buyers market to a sellers market with 7.95 months of remaining inventory. I’ve explored, researched and made offers for a few clients now in Downtown Miami & Brickell with similar stats and trends happening. Similar to the Miami-Dade county beaches, […]
The Miami Beach Real Estate RE-Views for February 2012
Miami’s real estate market is shifting from a strong buyers market to a neutral market. I’ve had the opportunity to explore, research and make offers for a particular client in Downtown Miami and Brickell. Similar to the beaches, the select properties are moving quickly and while the offers were lower (15-20% off list), we’ve been […]
A History of 'Top 10' Miami Beach Condo Trophy Sales
Hi friends, Let’s locate and analyze the top ten Miami Beach luxury condo sales from 2007 to 2011 including the average selling price per square foot in the luxury tier for the year. 2007 (Average Price Per Square Foot = $1,243) – 1500 Ocean Drive #T8 Sold at $12M ($1005 psf) Fisher Island #7263 Sold […]
Top 10 Real Estate Condo Deals from 2010 – Sunny Isles to South Beach
2009 Trophy Sales from Sunny Isles to South Beach
2009 Trophy Property Sales from South Beach to Sunny Isles Beach. Amazing to see 199 (733 for sale today) luxury condo sales over $1M for the YTD MLS (Multiple Listing Service) records covering the Miami Dade oceanfront communities of Sunny Isles Beach, Bal Harbour, Surfside, Miami Beach & South Beach. Over $4M there were 11 […]
South Florida Condo Owner's Slashing Prices
With the current pace & trend of the real estate market, sellers have come to terms with what it takes to get their property(s) sold in this strong Buyer’s market by slashing their list prices. With the ultimate condo selection rising to ~40 months of inventory, buyers are taking their time to cherry-pick the sweetest […]
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