Investors Guide to Miami Beach Condos – Q1 2015 Update

Investing in Miami Beach Condos – The most important data

This Miami Beach Condo analysis is focused on Mid and North Beach. For South Beach (till 24th street) and the Venetian Islands please click here

Get to know the Miami Beach Market by reading my Q1 2015 Miami Beach Real Estate Market Update.

Compare the different Miami Neighborhoods here

Understand the Miami Beach Real Estate Market. Read this Market update and know where your market is headed. Must read for both sellers and buyers

This Miami Beach Condo Analysis shows you important real estate market data such as ‘Months of Inventory’ and ‘averages Sales prices per Sq.Ft’ for different price categories allowing you to really get to know your market. Besides this, you can compare today’s market with the market in the last three years

Whether you want to buy a Miami Beach Condo or sell your Miami Beach Condo, this market update provides you with the most important market indicators and is therefore a must read in order to understand where the Miami Beach Condo market is heading

Miami Beach Condo Performance over the last 6 months

Here below you will find the Miami Beach Condo performance over the last half year of 2014

Click to enlarge ↓

Investing in Miami Beach Condos – See the most important Market Indicators for different price ranges in Miami Beach

Inventory of less than 6 Months → Sellers Market
Inventory of 6 − 9 months → Neutral Market
Inventory of more than 9 Months → Buyers Market

The Miami Beach Condo Market in words

Inventory levels in Miami Beach are at the same or a better level than other parts of Miami. Although lots of new units are entering the market, this new supply seems to be easily absorbed. Prices are increasing, especially in the higher end of the market there seems to be a high demand as well as very high price point per Sq.Ft that people are willing to pay these days.