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Miami Real Estate Market Reports

Our Miami Real Estate Market Reports section is the most comprehensive in South Florida. These reports are considered by many as the most actionable of their kind, with useful predictions and forecasts included. Detailed analytics, educational blogs/videos, and hyper-focused property searches are all combined around our core ethos. This ethos? 'Helping our clients make better decisions!'

What is important to learn from our Miami Real Estate Report?

What every buyer and seller wants to know is: How hot or not is the real estate market? Does it favor the buyer or the seller? If you are a buyer, should you buy or should you wait? If you are a seller, is it the right time, or can you wait and get more money in 6 months? Do you have optionality for your next purchase? These are all things that we endeavor to cover in our specific neighborhood reports. We make our reports interesting and are not shy to give opinions. Reports are produced every six months (enough time to accumulate data and recognize trends and patterns). Market statistics can be checked at any time, and seeing what sold in the last 90 days is very helpful to either compare your home value or what you should pay.

Miami Real Estate Market Report - Breaking it down by neighborhood and product type.

My Miami reports cover all the key neighborhoods: Pinecrest, Coral Gables, Coconut Grove, Brickell, Downtown, Edgewater, South of Fifth, South Beach, and Miami Beach. Additionally, as we go North, we also cover Bal Harbour and Surfside, Sunny Isles, and Aventura. As luxury brokers, we produce specific Condo and Single Family Home Reports. Our Territory managers contribute by writing articles and reports, and their on-the-ground experience is instrumental in ensuring reports are useful and actionable.

Experience the best Miami Real Estate Reports.

The David Siddons group has nearly 100+ years of experience in the Miami real estate business between team members. Our real estate market knowledge is hard to compare! We have studied the market for over ten years andunderstand the ups and downs of each neighborhood within the real estate economy.

Clients, followers, and other industry professionals know us for market analytics. Our real estate blogs, videos, reports, and forecasts have cemented our position as the voice to be heard and listed. As market analysts, we not only understand the numbers, but we understand the human behavior behind the numbers. Look at our reports, and see it is not just about numbers. 

We include dialogue that explains the human behavior and macroeconomic factors behind the data. These can educate buyers about why their property is the best in the market. We understand because we live in the market! Fundamentally, we know who the buyers are. Regardless if they are relocations from the northeast or overseas buyers. We listen carefully to needs and wants, which translates into a successful business focused on better decision-making.

How to Navigate Our Market Reports Page

This is the main page where you can find all our extensive Miami Real Estate Market Reports. Whether you are looking for the latest status of the condo market report or the latest housing market report, we have all the Miami market reports here for you. On the right-hand side, we offer you Miami real estate market reports per neighborhood, so filter your search by clicking on any of the sections on the right-hand side.

What are the key Statistics in our Market Reports?

For any good real estate market report the first fundamental statistic to pay attention to is 'months of inventory'. Months of inventory is simply the number of sales per month divided by the current available active inventory. A balanced market is typically between 6-9 months (depending on the level of luxury). The second most important is the $ per sqft of sold properties. It is important to be aware that within every neighborhood, price points will create varied results. You can never work off the entire market average. Additionally, new properties, both homes and Condos sell at very different levels than normal resale products. This is true now more than ever in a world where supply chain issues create a slowdown in construction time. Days on the market is also a very helpful tool to understand the speed of sales as is the number of sales.

Contributing Minds

With all said and done statistics mean nothing unless you have the social narrative to explain the subtle nuisances of the the neighborhoods. Remember that neighborhoods will always affect and be affected by other neighborhoods. On top of local forces, we cover the macro market in depth. Our podcast 'Better Decisions' draws from economists and other market experts. Whether it is the head of a real estate school to a Condo analyst of 40 years. An attorney who specializes in home insurance or a software specialist who builds expert analytical tools for the Condo market. All these voices find their way into our reports and add to the fabric of well-versed conversation.

Interactive Analysis Software and easy-to-digest 'Report' Videos

It is also a good idea to watch our Reports on YouTube as they are converted into video. If you want immediate analysis our Neighborhood Statistics Page or CondoGeeks page will also be helpful. As always for more education, please call me directly, or shoot me an email.

Also check our Miami Real Estate News Section! This is a comprehensive section that details everything going on in the Miami real estate market.

Timing the Turn: Edgewater’s Condo Market Pivot | Edgewater Q1 & Q2 2023 Market Summary

August 29, 2023

Edgewater Q1 & Q2 2023 Market Summary. Edgewater Miami's real estate landscape is experiencing dynamic shifts, offering buyers and sellers an intricate market to explore. Although the inventory levels are balanced, currently holding 6.18 months of supply, it is crucial to understand how the new construction pipeline will impact these supply levels.  The current average price per square foot is $632, a 5% decrease from 2022. A standout trend is the significant surge in transaction volume in Edgewater. This growth, exceeding 90% from the previous [...]

Surprising Trends and Remarkable Shifts | Brickell Q1 & Q2 2023 Market Summary

August 29, 2023

Brickell Q1 & Q2 2023 Market Summary. As the Brickell and Brickell Key condo market continues to undergo remarkable shifts, a question emerges: Who holds more leverage, buyers or sellers? As the market continues to overcome the challenging macroeconomic landscape, this success story is not uniform across all Brickell and Brickell Key, as certain pockets struggle with a surge in inventory levels, leading to prolonged periods for properties to secure buyers. The evolving market conditions have prompted discernible shifts in the behaviors of both buyers [...]

Downtown Miami’s Market Shifts and Investor Caution | Downtown Miami Q1 & Q2 2023 Market Summary

August 29, 2023

Downtown Miami Q1 & Q2 2023 Market Summary. In Downtown Miami, a transformative journey is unfolding, echoed by shifting market dynamics. The current inventory is 7.04 months, marking a substantial increase of over 55% from the previous year. This upward trajectory in supply has been accompanied by an average price of $577 per square foot, reflecting a noteworthy 6% uptick compared to the prior year. As we delve further into the market, we notice that the transaction volumes suffered a 27% decrease from the previous [...]

Sellers Becoming Increasingly Realistic as Inventory Levels Rise | Miami Beach Q1 & Q2 2023 Market Summary

August 29, 2023

Q1 & Q2 2023 Miami Beach Market Summary | Single-Family Homes Miami Beach Q1 & Q2 2023 Market Summary The Miami Beach Family Home market is a tricky market that experts are trying to grasp as best as they can. Signs point towards a market that should be cooling however some sectors of the market continue to see record-breaking prices. For example, the luxury sector average sales price is up 11.6% from Q2-2022 despite the following factors: The number of sales is down just over 50% Up to 33 months [...]

Standing Strong against Mortgage Roller Coaster | Fort Lauderdale Q1 and Q2 2023 Real Estate Market Report

August 28, 2023

DIVE INTO OPPORTUNITY: Fort Lauderdale's Real Estate Market Holding Strong Fort Lauderdale Q1 and Q2 2023 Real Estate Market Report. As a seasoned real estate practitioner keeping watch on the Fort Lauderdale property landscape, it's apparent that the economic bedrock of Fort Lauderdale and Broward County remains steady despite the increasing lending rates. Buyers and Sellers searching for market confidence can anchor themselves in the robust economic indicators contributing to a thriving local economy. View our Fort Lauderdale Neighborhood Statistics Page Economic Insights The undeniable [...]

“Never seen anything like this before!” | Coral Gables Q1 & Q2 2023 Market Summary

August 23, 2023

Coral Gables Q1 & Q2 2023 Market Summary. After two quarters of 2023, we see Coral Gables' inventory between just 2 to 4 months of inventory for homes priced up to $5m. Beyond $5m, inventory increases a little. Just 15% of Coral Gables listings are under $1,000 per sqft! In short, this is not a cheap market and is quickly pricing new home buyers under $2m out of the market. How about the new(er) house market? Well, basically it is down to zero! I have [...]

Shockingly Low Inventory Creates Market Stand-Off | Coconut Grove Q1 & Q2 2023 Market Report

August 17, 2023

2023 Coconut Grove Q1 & Q2 Market Report Summary. It feels like shockingly low inventory is creating a market stand-off in Coconut Grove. In juxtaposition to low inventory, prices are not dropping and we are still seeing some record-breaking prices in some specific areas of Coconut Grove. According to our market statistics software, for the 2023 Coconut Grove Market Report end of Q2, Inventory sits at an average of just under five months. Although this does not seem much lower than last year what does feel [...]

Why the Miami Real Estate market cannot Correct. The Economic Truth with FIU Professor Eli Beracha

August 10, 2023

Is a Miami Real Estate Crash on the horizon? In this podcast, we sit down with Prof Eli Beracha and answer the questions that are on everyone's mind. Prof. Eli Beracha is a professor of Real Estate and Finance at FIU, which is now ranked number 1 in the world for real estate research.  We’ll discuss the current state of the Miami real estate market and the factors that are driving it, including the recent economic crisis.  Prof. Eli Beracha holds a Ph.D. in Finance with a concentration [...]

Miami Shores Real Estate Market Update Q3 2023 | Advice for Sellers and Buyers

July 18, 2023

Welcome to our Miami Shores Real Estate Market Update. We give you our five main observations for this market and advice for sellers and buyers. 5 Observations Inventory levels are at the lowest for desirable homes in the best areas. Although the demand for new homes is high, the supply is limited. There aren’t many new construction homes on the market due to rising construction costs. In 2022 we saw a 34% increase in price/sqft compared to 2021. Although interest rates have been rising, we [...]

Sunny Isles Real Estate Market Forecast | Miami Real Estate Market Predictions for 2023

March 23, 2023

Welcome to our Sunny Isles real estate market forecast. The Sunny Isles condo market is one of the two markets in which we see the highest uptick in inventory – the other is Brickell. We believe this increase in inventory is caused by a growing divide between overzealous sellers asking for ‘peak’ prices against a backdrop of the now cautious buyer. The market is one of Miami’s most volatile and elastic markets, as it is one of the most investor-driven and second homeowner markets in Miami. Some [...]

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