Miami Real Estate Market Reports

Latest Miami Real Estate Trends – May 2025 Miami Housing Market Update

May 23, 2025

The 2025 Miami Housing Market is showing a widening divide between the ultra-high-end and upper-mid tiers. The top of the market is vibrant and competitive, while the rest is marked by oversupply, longer timelines, and buyer caution. This is not a one-size-fits-all market—performance depends heavily on price point, quality, and location. Here’s what you need to know as a seller or buyer per price range. Key Data for the 2025 Miami Housing Market Data $1M-$3M $3M-$6M $6M-$10M $10M+ Average Price per SF +0.6% 26.2% -2.1% [...]

2025 Miami Condo Market Trends | What Buyers and Sellers Need to Know

May 23, 2025

2025 Condo market Insights  Inventory and Pricing Trends The Miami condo market in 2025 reflects a gradual shift from seller dominance to a more price-sensitive, buyer-influenced environment. While headline metrics—like average price per square foot—have either held or edged up across most price ranges, underlying indicators such as increased inventory, longer days on market, and a spike in expired listings point to softening demand and growing inefficiencies. Buyers are more selective, negotiations are returning, and only the best-located, well-priced, high-quality units are trading efficiently.  This [...]

2025 Miami Real Estate Market Trends | What Buyers and Sellers Need to Know

May 22, 2025

We just answered the top 10 most-Googled questions about the 2025 Miami real estate market— from inventory and pricing trends to rising HOA fees and who's actually buying in Miami right now. Below, you’ll find a clear overview of the latest market shifts in both the housing and condo markets. We’ve also created dedicated sections that break things down by price point — and we’ll be rolling out neighborhood-specific reports to give you even deeper insight into what’s really happening on the ground. Ask David [...]

Miami Beach Real Estate Market Update 2025: What Every Homeowner Needs to Know

April 24, 2025

Should You Sell Your Miami Beach Home in 2025? Find Out What It’s Really Worth By Laura Barrera | Miami Beach Territory Manager at the David Siddons Group If you own a home in Miami Beach, chances are you've wondered: “What’s going on with the market?” Maybe a neighbor just sold. Maybe you’re thinking of upgrading. Or maybe you're simply trying to understand where your property stands today. The question isn’t just “how’s the market?” — it’s how’s the market affecting me? Because in Miami [...]

2025 Miami Real Estate: Trends, Buyers, and Market Insights with Craig Studnicky

March 17, 2025

In today’s episode of the Better Decisions Podcast, we welcome back Craig Studnicky, head of ISG and a sharp market analyst. A true industry expert, Craig doesn’t just report on trends—he breaks them down, revealing what’s really happening in Miami real estate. That’s why he’s a frequent guest, and today, he’s here to tackle the big questions: What does 2025 have in store for the market? and Who’s driving the Miami market, and who’s making the big buys?  If you want to stay ahead in real [...]

The Fundamentals Driving Miami’s Real Estate Resilience with Prof. Eli Beracha

January 24, 2025

We had the privilege of sitting down with Eli Beracha, Director and Professor at FIU’s Hollo School of Real Estate and trusted advisor at the Beracha Team, for the third time on our show. This time, rather than just talking about the market, we’re diving deeper into the fundamentals that drive successful real estate investments. Eli’s unparalleled expertise and in-depth market analysis make this a conversation you won’t want to miss. With his deep analysis and expertise, he reveals the core principles that every savvy [...]

November 2024 – Miami Luxury Real Estate Market Update. Truths and Lies uncovered!

November 8, 2024

Podcast on Real Estate Trends and Performance for ALL the Key Condo and Home markets. Welcome to our latest Miami luxury real estate market update. Today, we're joined once again by Ana Bozovic,  a trusted expert in the field who brings deep insight into the current trends and future outlook of Miami’s high-end market. Building on the valuable feedback from our previous discussions, we’ll dive into viewer comments, addressing questions and perspectives, including some common market critiques. I’ll be playing devil’s advocate to explore the [...]

PART 3 – 2024 MIAMI BEACH MARKET REPORT

September 9, 2024

Q1 – Q3 Miami Beach Neighborhood Trends in the Beach Areas This Miami Beach Neighborhood Trends report covers the areas of Miami Beach (from 5th street till 88th street, South of Fifth, Bal Harbour, Bay Harbor Islands, Surfside and Sunny Isles. Read part 1 of our 2024 Report: Overview and Most Asked QuestionsRead part 2 of our 2024 Report: Neighborhood Trends for the Mainland Part Three of our Miami real estate report goes one level deeper beyond part one’s initial City wide 2024 overview. Now [...]

2024 Miami Beach Real Estate Market Trends & Forecast Q1-Q3

September 9, 2024

Dive into the latest Miami Beach real estate market trends complete with expert advice for buyers and sellers. This report covers the area of South Beach (5th street) all the way up to North Beach (88th street). MIAMI BEACH HOMES Miami Beach Housing Market OverviewSales Prices per SF 2023 vs 2024Miami Beach Housing Market Overview Sales Prices per SF 2023 vs 2024 Highlights for 2024. Miami Beach home prices per square foot have increased across all price ranges. High-end single-family homes ($5M–$10M) experienced a notable [...]

2024 Surfside Condo Market Trends & Forecast Q1-Q3

September 9, 2024

Dive into the latest Surfside Condo Market trends complete with expert advice for buyers and sellers. Surfside Market OverviewSales Prices per SF | 2023 vs 2024Surfside Market Overview Sales Prices per SF | 2023 vs 2024 Highlights for 2024. Surfside condos are experiencing price increases across all price ranges except for the $1M-$3M range. The market is divided between older condos, mostly in the $1M-$3M range, and brand-new ultra-luxury condos in the $5M+ and $10M+ range. Notably, all sales in the $1M-$3M range that saw [...]

2024 Bay Harbor Islands Condo Market Trends & Forecast Q1-Q3

September 9, 2024

Dive into the latest Bay Harbor Condo market trends complete with expert advice for buyers and sellers. Bay Harbor Condo Market OverviewSales Prices per SF | 2023 vs 2024Bay Harbor Condo Market Overview Sales Prices per SF | 2023 vs 2024 Highlights for 2024. The luxury market in Bay Harbor Islands is expanding, although in 2024 we saw just 15 sales in the $1M+ resale segment. Prices are rising quickly due to room for appreciation, thanks to its prime location near the beach and shopping [...]

2024 Bal Harbour Real Estate Market Trends & Forecast Q1-Q3

September 9, 2024

Dive into the latest Bal Harbour real estate market trends complete with expert advice for buyers and sellers. Bal Harbour Market OverviewSales Price per SF | 2023 vs 2024Bal Harbour Market Overview Sales Price per SF | 2023 vs 2024 Highlights for 2024. The Bal Harbour condo market has significantly slowed down, particularly in price ranges above $3M. Although properties are spending less time on the market, inventory levels have risen to 23 months, reinforcing the strong buyer's market that was already in place in [...]

2024 South of Fifth Real Estate Market Trends & Forecast Q1-Q3

September 9, 2024

Dive into the latest South of Fifth real estate market trends complete with expert advice for buyers and sellers. South of Fifth Market OverviewSales Prices per SF | 2023 vs 2024South of Fifth Market Overview Sales Prices per SF | 2023 vs 2024 Highlights for 2024. South of Fifth remains a highly desirable market but is currently experiencing a buyer’s market, with inventory levels rising to 15 months from 13 months last year. While days on market have stayed relatively steady, there has been a [...]

2024 Sunny Isles Real Estate Market Trends & Forecast Q1-Q3

September 9, 2024

Dive into the latest Sunny Isles Real Estate Market trends complete with expert advice for buyers and sellers. Sunny Isles Market OverviewSales Prices per SF | 2023 vs 2024Sunny Isles Market Overview Sales Prices per SF | 2023 vs 2024 Highlights for 2024. The Sunny Isles market has remained stable compared to last year in terms of inventory, listings, discounts, and days on the market. However, sales prices have increased across all price ranges. When examining inventory, there is a significant difference between properties under [...]

2024 Brickell Real Estate Market Trends & Forecast Q1-Q3

September 4, 2024

Dive into the latest Brickell real estate market trends complete with expert advice for buyers and sellers. Brickell Condo Market OverviewSales Price per Sqft: 2023 vs 2024Brickell Condo Market Overview Sales Price per Sqft: 2023 vs 2024 Highlights for 2024. The average condo price in Brickell increased modestly. By mid-2024, the average price per square foot for condos had risen slightly, reflecting the sustained demand in the area. Luxury condos, especially those with premium amenities and locations, saw stronger price retention and even growth, particularly [...]

2024 Downtown and Edgewater Real Estate Market Trends & Forecast Q1-Q3

September 4, 2024

Dive into the latest Downtown and Edgewater real estate market trends complete with expert advice for buyers and sellers. Edgewater Market OverviewDowntown Market OverviewEdgewater Sales Prices per Sqft 2023 vs 2024Downtown Sales Prices per Sqft 2023 vs 2024Edgewater Market Overview Downtown Market Overview Edgewater Sales Prices per Sqft 2023 vs 2024 Downtown Sales Prices per Sqft 2023 vs 2024 Highlights for 2024. Downtown and Edgewater have both seen a drop in sales and an increase in inventory making it firmly a buyer's market. Luxury Sales [...]

2024 Palmetto Bay Real Estate Market Trends & Forecast Q1-Q3

September 4, 2024

Dive into the latest Palmetto Bay real estate market trends complete with expert advice for buyers and sellers. Palmetto Bay Market OverviewSales Price per Sqft: 2023 vs 2024Palmetto Bay Market Overview Sales Price per Sqft: 2023 vs 2024 Highlights for 2024.  We saw a significant increase in the number of sales (131 up from 101) in Palmetto Bay this year compared to last. We are now seeing 'new home sales in the market'. Two this year with an additional six on offer. This market has [...]

2024 Key Biscayne Real Estate Market Trends & Forecast Q1-Q3

September 4, 2024

Dive into the latest Key Biscayne real estate market trends complete with expert advice for buyers and sellers. Key Biscayne Market Overview (Homes)Sales Price per Sqft: 2023 vs 2024Key Biscayne Market Overview (Homes) Sales Price per Sqft: 2023 vs 2024 Highlights for 2024. Key Biscayne home sales are up by around 20% from 2023. With more purchases happening we have also seen the most significant price per sqft rise from last year's figures and a drop in months of inventory. A numberof the most expensive [...]

2024 Coconut Grove Real Estate Market Trends & Forecast Q1-Q3

September 4, 2024

Dive into the latest Coconut Grove real estate market trends complete with expert advice for buyers and sellers. Coconut Grove Market Overview (Homes)Sales Price per Sqft: 2023 vs 2024Coconut Grove Market Overview (Homes) Sales Price per Sqft: 2023 vs 2024 Highlights from 2024. A focal neighborhood for relocating families from New York, California, and other states, which like Coral Gables has also seen a slowdown of migration largely due to limited space in private schools. In 2023 we saw many existing homeowners resistant to selling [...]

2024 Pinecrest Real Estate Market Trends & Forecast Q1-Q3

September 4, 2024

Explore the latest Pinecrest real estate market trends, sales data, and targeted price insights. With expert advice for both buyers & sellers. Pinecrest Market OverviewSales Price per Sqft: 2023 vs 2024Pinecrest Market Overview Sales Price per Sqft: 2023 vs 2024 Highlights from 2024. Pinecrest has continued to attract relocating families in 2024, particularly those looking for larger 1-acre lots. In the entry-level market ($1-3M) inventory is down by as much as 50% from last year. Accountable because 1 acre of land is valued now at [...]

2024 Coral Gables Real Estate Market Trends & Forecast – Q1-Q3

September 4, 2024

Explore the latest Coral Gables real estate market trends, in-depth sales data, and targeted price insights, plus expert advice for both buyers and sellers. Coral Gables Market OverviewSales Price per Sqft: 2023 vs. 2024Coral Gables Market Overview Sales Price per Sqft: 2023 vs. 2024 Highlights from 2024: Coral Gables, Miami's largest 'primary' single-family home market continues to see strong performance through 2024. Even with a full 30% rise in inventory the availability of newer or renovated luxury homes remains very much choked and well-finished or newer [...]

PART 2 – 2024 MIAMI REAL ESTATE REPORT

September 3, 2024

Q1 - Q3 Miami Neighborhood Trends on the Mainland This report goes into the neighborhoods of Coral Gables, Coconut Grove, Pinecrest, Key Biscayne, Palmetto Bay, Brickell, Edgewater and Downtown. Read part 1 of our 2024 Report: Overview and Most Asked QuestionsRead part 3 of our 2024 Report: Neighborhood Trends for the Beaches Part Two of our Miami real estate report goes one level deeper beyond part one's initial City wide 2024 overview. Now we get in specific Miami Neighborhood Trends and statistics for ALL the [...]

2024 MIAMI REAL ESTATE MARKET REPORT Q1-Q3

September 3, 2024

Part 1. Overview and most asked questions answered SUMMARY of our 2024 MIAMI REAL ESTATE MARKET REPORT Despite many neighborhoods experiencing what 'feels’ like a slower market, overall sales volume remained consistent with 2023's figures with both prices, number of sales and inventory levels remaining the same. There are however specific properties and price points that are selling slower than last year. When we focus In part 2 and 3 of this report on specific neighborhoods we report on these ‘softer’ markets as well as [...]

10 Most Googled Questions on Miami Real Estate in 2024/2025!

September 3, 2024

Let's get into the 10 most googled questions to do with the Miami real estate market in 2024. In conjunction with this blog article you would benefit hugely from reading Part 2 and Part 3 of our Miami real estate report covering all luxury neighborhoods between Q1 and Q3 of 2024! So.... lets get into it!! 1. The Miami Real Estate Market in 2024/2025: Which markets are doing best? High demand for luxury homes and condos in 2023 and 2024 makes this the strongest market. [...]

The State of the 2024 Miami Condo Market

August 9, 2024

A Mid-Year Review and Insights from seven leading brokerage firms! The State of the Miami Market Agent Mastermind is a panel featuring top agents who answer the public's most pressing questions about the market. If you want to stay informed about the latest market trends and hear from the experts, keep reading. In this article, we focus on the condo market, but stay tuned for our upcoming report, which will cover the broader Miami real estate market and highlight key insights from the panel discussion. [...]

The 2024 Midyear Miami Housing Market Report and Forecast

June 1, 2024

Miami Housing Market: The Current State & Q3/Q4 predictions Today, we are once again joined by Ana Bozovic. Like myself, Ana is an economist, demographer, and analyst who is highly involved in the Miami real estate market. With extensive experience and data-driven insights, we provide buyers and sellers with unbiased, real-world market analysis to guide their decisions. Our track record of accurate market forecasts is built on understanding not just what is happening, but why it is happening. Introduction to this Q3 and Q4 Miami [...]

2024 Market Outlook with Eli Beracha (FIU) – Forecasting the 2024 Miami Real Estate Market

April 4, 2024

Summary of Expectations for Miami Real Estate in 2024 We sat down with Eli Beracha, Director and professor at the Hollo School of Real Estate in FIU, and discussed the realities of the market in 2024. Looking at the forces at play and our predictions for the rest of the year. We explain in greater detail what is happening, why, and what will happen next. This podcast navigates the subject with a combination of academic studies and real-world applications and observations….. 2024 is a year of [...]

2024 Miami Real Estate Predictions and Forecast

March 11, 2024

Miami Real Estate Warnings: Will the Market show any Correction? Introduction All real estate markets do not continuously appreciate without pause. They experience periods of adjustment immediately after periods of extreme growth. As astounding as property appreciation in Miami between 2021 and 2023 has been, over the last six months, we have seen some slowdown. This is not only normal but actually healthy as other aspects of the buyer's market (such as earnings) need to catch up. In Miami, this incredible appreciation period has arguably [...]

The 2024 Miami Real Estate Market Forecast

November 17, 2023

Introduction to our 2024 Miami Real Estate Market Forecast In this podcast I'm sitting down again with Craig Studnicky, CEO of RelatedISG and market analyst, to discuss the Miami real estate market in Q3 of 2023. After a highly successful podcast on the Q1 and Q2 market, we are now sharing our observations and trends seen in Q3. We aim to provide an impartial perspective derived from conversations and data from reliable sources and our hands-on, day-to-day involvement in this dynamic industry. We aim to provide [...]

Miami Real Estate Predictions for 2024

September 22, 2023

David Siddons and Ana Bozovic Forecast the Miami Real Estate Market Introduction to the 2024 Miami Real Estate Predictions In this blog post, we explore the Miami real estate market's outlook for 2023 and 2024. We delve into the state of the Miami Real Estate Market in 2023, and examine both the luxury condo market and the housing market. We highlight the prime areas to consider for living and investment in 2024, and what areas or markets to avoid. Our track record reflects a consistent [...]

Our Q1 & Q2 2023 Miami Real Estate Market Reports

September 12, 2023

In the below article, I provide a link to our Q1 & Q2 2023 Miami Real Estate Market Reports. These reports delve into specific neighborhoods, analyze their trends, and offer valuable insights for both sellers and buyers. It's crucial to note that these reports aren't authored by remote journalists who lack daily market immersion. Instead, they are authored by me and my territory managers, individuals deeply entrenched in their respective areas of expertise, where they both work and reside. To create these reports, we blend [...]

2023 Miami Luxury Condo Report – Market Records new highs for 2023! | Q1/Q2 2023 Analysis

September 5, 2023

The single-family home relationship with the new and existing luxury Condo market. Given the increasing scarcity of luxury single-family homes (especially waterfront) and their soaring entry-level prices, many buyers are now shifting their attention toward condominiums both new and pre-construction. Luxury buyers most often wish to live by the water – the Bay or Ocean. These buyers are opting for waterfront condos as an alternative to very expensive waterfront homes in order to get the ‘turquoise blue’. Furthermore, there is a growing trend of affluent [...]

‘Real Buyers but not real Stupid Buyers!’ The 2023 Market Report for Luxury Homes in Miami (Q1/Q2)

September 3, 2023

The video is segmented into two parts: first, we explore a high-end property in Coconut Grove, and then, starting at the 2:52-minute mark, we delve into a discussion about the luxury real estate market. The Q1/Q2 2023 Report for Luxury Homes Miami. The luxury market exhibits unique characteristics compared to the broader market, which is why we dedicate a distinct section to it in our market reports. It’s crucial for both buyers and sellers to gain insight into the luxury market, as general media reports often fail to [...]

Buyers are Targeting New Condos | Miami Beach Q1 and Q2 2023 Market Report

August 31, 2023

New condos leave older condos behind in the current Miami Beach market race Miami Beach Q1 and Q2 2023 Market Report. Miami Beach condo market is the largest beach market in Miami Dade County compared to Key Biscayne, Bal Harbour, Surfside, and Sunny Isles. There are currently over 700 active units for sale. According to our Market Analysis Software, the months of inventory indicator based on closed sales currently sits at 7 months, making it a balanced market. Furthermore, in our quarterly reports, we always take [...]

Stunningly Scarce Inventory Sparks Market Impasse  | Kendall Q1 and Q2 2023 Real Estate Report

August 29, 2023

Stunningly Scarce Inventory Sparks Market Impasse Kendall Q1 and Q2 2023 Real Estate Report. Kendall is not immune to the general Miami real estate market trend. Sellers are cautious about selling due to higher interest rates when purchasing their next home. Buyers are prudent in buying for the same reason.   This creates a market where the smart dollar is what will prevail. What I mean is, that inventory is so low now that the days of buying sight-unseen are in the rearview. As per our [...]

Rock Solid Condo Market Fueled by Cash | Surfside and Bal Harbour Q1 and Q2 2023 Market Report

August 29, 2023

Rock Solid Bal Harbour and Surfside condo market fueled by cash Surfside and Bal Harbour Q1 and Q2 2023 Market Report. The Bal Harbour and Surfside condo market is very limited in its geographic size and number of units (currently less than 140 units for sale), compared to other condo markets on the beach like Miami Beach and Sunny Isles (respectively 700 and 340 units for sale above $500k). We always begin our market analysis with a close look at inventory levels compared to the market [...]

South Miami Is Still Climbing! | South Miami Q1 & Q2 2023 Market Summary

August 29, 2023

South Miami Q1 & Q2 2023 Market Summary. So half of 2023 has officially flown by and here’s how I see the market today. Firstly, we still remain at record lows for inventory in South Miami. Inventory is around 2 months so we are still ways away from a balanced market where you would typically find inventory anywhere from 6-8 months. We are now seeing all of the new construction products entering the market above $1,000 per SF with highs in the $1,200/1,300 per SF [...]

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 [...]

The South Miami Real Estate Market Forecast | Miami Real Estate Market Predictions for 2023

February 20, 2023

Introduction to our South Miami Real Estate Market Forecast Welcome to our South Miami real estate market forecast. The less than well know neighborhood to those from outside Miami is gaining huge traction over the last three years. 2023 is shaping out to be an excellent year! It’s widely recognized, that towards the end of 2022, there was a deceleration in the pace of real estate transactions, with a slight upswing in the inventory and the number of days properties remained on the market. The [...]

The Real Estate Market Forecast for Brickell and the Urban Core | Miami Real Estate Market Predictions for 2023

February 14, 2023

Introduction to the Miami Real Estate Market Forecast for Brickell, Edgewater, and Downtown Miami Welcome to the Real Estate Market Forecast for Brickell and the Urban Core. The Urban Core is Miami's most densely populated market that also happens to be completely made up of condos. These neighborhoods are also home to the highest percentage of renters across the Miami markets and have historically been one of the most volatile. We have been reporting on this market for over 15 years and have accurately predicted [...]

The Pinecrest Real Estate Market Forecast | Miami Real Estate Market Predictions for 2023

February 13, 2023

Introduction to the Pinecrest Real Estate Market Forecast The Pinecrest housing market is another true primary market. A place where there are few rentals and residents live all year round. Much like Coral Gables and Coconut Grove, families with kids dominate the purchasing landscape. Going into 2023 we noticed that the South part of Pinecrest (below 120th) is softening, especially in the $4M-$5M range. As this budget also opens itself against the Coral Gables market. $4M will give you a much larger home in Pinecrest than [...]

The Coconut Grove Real Estate Market Forecast | Miami Real Estate Market Predictions for 2023

February 13, 2023

Introduction to our Coconut Grove Real Estate Market Forecast Welcome to our Coconut Grove Real Estate Market Forecast! Coconut Grove has become the darling of the relocation market. Buyers from across the country have discovered this neighborhood over the last two years, and almost all became bewitched by its quaint, organic, almost European feel. Appropriately coined as The Village in the City, buyers from across America’s best neighborhoods move here willingly and don’t look back. La Hoya, Greenwich Connecticut, West Chester, Malibu. They all settle [...]

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

February 13, 2023

The Miami Housing Market Forecast 2023 Introduction Welcome to our Miami Real Estate Market Predictions for 2023. This Miami real estate forecast is not your standard report. We do not merely tell you how much prices have gone up, inventory has gone down, and it’s still the best market ever. Our reports are very specific and talk about concrete price points in specific geographical sub-markets. Different sub-markets react differently to macroeconomic influences and attract different buyers. Therefore, we analyze each sub-market separately without generalizing the [...]

Miami Housing Market Trends | The Q3 2022 Miami Real Estate Update

October 14, 2022

Miami Housing Market Trends | Mind the Gap Between Sellers and Buyers Who this article best serves This article is particularly useful for those looking for or considering selling their single-family homes. Additionally, it is helpful for homeowners with expired listings who have tried selling and are scratching their heads wondering why their property did not sell. So why is this article titled: 'Mind the Gap?' Simply put, it is referring to what seems to be an emerging shift in psychology. In a number of [...]

Miami Condo Market Report 2022 Q3 | Catching a Falling Knife!

October 7, 2022

Introducing the 90-Day Miami Condo Market Reports Introduction to our Q3 2022 Miami Condo Market Report. In Q2 2022 we wrote the report, Crash, Correction or Continued Growth. It was approaching the end of June Q2 and I was just starting to feel the economic ground shake with a media chatter that was less than bullish. It felt like a fitting time to address the ‘what comes next question’. As always with months of inventory as the focus, I took a look at how much it [...]

Miami Real Estate Market Report 2022/2023 (Part 4)

July 14, 2022

Part 4 of our Miami Real Estate Market Report 2022/2023 | Predictions and Actionable advice for sellers and buyers Recap of our Miami Real Estate Market Report 2022 / 2023 So we have now covered data and analytics for the primary and secondary markets in part 1, we have discussed the Miami rental market in part 2 and in part 3 we saw the influences of the wider economic market on Miami real estate. Overall the market might feel like its softening, but it’s just [...]

Miami Real Estate Market Report 2022/2023 (Part 3)

July 14, 2022

Part 3 of our Miami Real Estate Market Forecast 2022/2023 | Miami Real Estate Market Economics Introduction to our Miami Real Estate Market Forecast 2022/2023. In this part of the report we get into ‘why’ changes are happening within our market. All too often reports just talk about what is happening but don’t say why it is happening. It’s the ‘why’ that makes forecasting and predictions possibly accurate, because it helps us recognize triggers to change before they occur. Economics basis of the ‘study of human [...]

Miami Real Estate Market Report 2022/2023 (Part 2)

July 14, 2022

Part 2 of our Miami Real Estate Market Report 2022 / 2023 | The Miami Rental Market and its Sustainability Introduction to our Rental Market section of the Miami Real Estate Market Report 2022 / 2023. Why should you care about the rental market if you are a primary buyer or seller? So often we focus real estate reports on the movement of sales price, price per sqft, number of sales or other consumer related data. However the relationship between rental data and sales data [...]

Miami Real Estate Market Predictions 2022 / 2023 (Part 1)

July 14, 2022

Part 1 | Miami Real Estate Market Predictions 2022. Full Data and Analysis. The introduction video for our Miami real estate market forecast 2022/2023 Introduction to our Miami Real Estate Market Predictions 2022 / 2023. Miami Real Estate Market Predictions 2022 and 2023 are what we are closely analyzing in this report. Starting in May 2022, various sectors of the economy went down: the bond market, the stock market, and Crypto. At the same time, interest rates went up. With many people feeling the economy is not looking [...]

Pinecrest Real Estate Report and Forecast | Projections for Q3 & Q4

July 3, 2022

The Rise of luxury real estate in Pinecrest. Is Pinecrest now too expensive? Introduction to our Pinecrest Real Estate Report and Forecast Pinecrest Real Estate Report and Forecast allows us to not only see but understand the drastic shift over the last year as more and more people continue to flock to the neighborhood. This has happened after being priced out of areas such as Coconut Grove and Coral Gables. The proximity to some of Miami’s top-rated schools, expansive lot sizes and tree-lined streets have [...]

The 2022 Miami Real Estate Forecast | Part 3: Why Miami Real Estate is Becoming such a Solid Investment

March 23, 2022

Investing in Miami Real Estate | Increasing CAP rates and Asset Appreciation Part 3 of our 2022 Miami Real Estate Forecast   In part 3 of our report we discuss Miami's strong rental market, the increase in demand for luxury rentals and we provide some examples of properties that have increased significantly in rent over the last year(s). We also provide a very clear example of a sub-market in Coral Gables, showing its increase in property values and rental rates over the years, again with [...]

The 2022 Miami Real Estate Forecast | Part 2: The Macro-Economic Market

February 18, 2022

Understanding the Macro-Economic Market and how it Influences the Miami Real Estate Market in 2022   To better forecast the 2022 Miami real estate market we need to be aware of the broader macro-economic climate and how this can influence the actions of buyers and sellers. David sat down with asset manager Jimmy Ly, CEO & Founding Partner of Tigris Investments to discuss the macro-economic factors influencing the Miami real estate market. The 2022 Miami Real Estate Forecast | Part 1: Is this Market Sustainable?The [...]

The 2022 Miami Real Estate Forecast | Part 1: Is this Market Sustainable?

February 5, 2022

Where is the Miami Real Estate Market Going in 2022? In this first part of our 2022 Miami Real Estate Forecast, I sit down with Ana Bozovic. Ana is a Miami real estate analyst and the owner of Analytics Miami.  We had an in-depth conversation discussing today's market and its sustainability. We went in-depth on what drives this market, and what can potentially weaken or strengthen it. We discuss whether this market can keep growing and how to identify deals in such a strong market. [...]

Our 2022 Miami Real Estate Forecast | Predictions for Buyer and Sellers

February 2, 2022

The 2022 Miami Real Estate Forecast | Is This Market Sustainable? After a really spectacular two years in the Miami real estate market we are asking ourselves the really hard question: "Can this market grow any further?". There are several questions that are on everyone's minds, which we want to answer in this report with a series of interviews and articles that focus on important aspects that drive the market. The questions are: "Is this market sustainable?", "Can this market grow any further?",  "Is the [...]

The 90-Day Key Biscayne Real Estate Report Q3 2021

November 11, 2021

Our First 90-Day Key Biscayne Real Estate Report Q3 2021 Key Biscayne Homes and Condos Search directly for Key Biscayne Condos for SaleSearch directly for Key Biscayne Homes for Salehe 90-Day Miami Luxury Real Estate Report | Luxury Homes in Coral Gables, Coconut Grove, Pinecrest and Ponce Davis Welcome to the first 90-Day market report for Key Biscayne. As the Miami market moves at an incredible speed, we decided to start creating quarterly reports that are useful for both sellers and buyers. These reports will [...]

The 90-Day Pinecrest Luxury Real Estate Report Q3 2021 | Pinecrest Homes for Sale

November 3, 2021

Our First 90-Day Pinecrest Luxury Real Estate Report Q3 2021 | $1M+ Homes Search directly for Pinecrest Homes for SaleThe 90-Day Miami Luxury Real Estate Report for Luxury Homes in Coral Gables, Coconut Grove, Pinecrest and Ponce Davis Welcome to our first Pinecrest Luxury Real Estate Report Q3 2021. The David Siddons Group has produced many Pinecrest real estate market reports, but due to the dynamic of the Miami real estate market we have decided to introduce 90-Day real estate updates for Pinecrest and other [...]

The 90 Day Key Biscayne Real Estate Report | Key Biscayne Homes Shatter Records in Q3 2021

October 12, 2021

The Key Biscayne Single-Family Home Market is Seeing Record Prices ♦ Entry level homes are now priced at $2.5M+ ♦ More $15M+ homes sold in the last five months than in the prior ten years ♦ Modern dry lot homes now selling for waterfront prices we saw six months ago Now For Sale in Key Biscayne: 766 Harbor Dr. This  2005 Construction home offers almost 10,000 SF of  living area on a 18,734 SF lot with 100″ water frontage. The property is currently listed for [...]

The 90-Day Brickell Condo Report | Q3 2021

October 11, 2021

Your Condo is Probably Worth a Lot More Than You Think   Now that we have your attention, let’s dive into our 90-day Brickell Report. The reality is that the 2021 Brickell market is on fire – and not just because we have wonderful 85° weather year-round. Listings are selling, cash sales are rising, inventory is minimizing, and people are buying! The 90-Day Brickell Condo Report | Quarter 3 of 2021 In August 2021, Miami condo sales (number of closed transactions) had an increase of [...]

The 90-Day Miami Luxury Real Estate Report | Luxury Homes in Coral Gables, Coconut Grove, Pinecrest and Ponce Davis

October 7, 2021

Our First 90-Day Miami Luxury Real Estate Report | $3M+ Homes Coral Gables | Coconut Grove | Pinecrest | Ponce Davis Welcome to our first Miami Luxury Real Estate Report. The David Siddons Group has produced many Miami market reports, but due to the dynamic of the Miami real estate market we have decided to introduce 90-Day real estate updates for the different Miami neighborhoods.  The David Siddons Group wants to provide you with a complete overview of the market in less than 10 minutes. [...]

Investing in Miami Luxury Real Estate – How Does Each Neighborhood Compare by Performance?

September 22, 2021

Investing in Miami Luxury Real Estate | What to Buy and Will This Market Keep Moving? The Miami real estate market is moving extremely fast, and it is time to put the numbers in perspective. In this article we will show you how the different neighborhoods have performed in the last 10 years with a secondary focus on the last 24 months. For this blog the focus is on single-family homes. We compare the primary residential areas¹ of Coconut Grove, Coral Gables, Pinecrest, South Miami, [...]

The 30-Day Fort Lauderdale Luxury Real Estate Report | Fort Lauderdale Waterfront Homes

September 22, 2021

Our First 30-Day Fort Lauderdale Luxury Real Estate Report | Waterfront Homes Welcome to our first Fort Lauderdale Luxury Real Estate Report. The David Siddons Group has always produced Fort Lauderdale market reports, but due to the dynamic of the current real estate market we have decided to introduce 30-Day real estate updates for the different Fort Lauderdale real estate sub-markets. Fort Lauderdale expert Elaine Tatum of the David Siddons Group wants to provide you with a complete overview of the market in less than [...]

The Brickell Condo Market Report

June 22, 2021

Brickell Condo Trends Q2 2021 - PLUS updated links for this year! Fewer Condos for Sale than what Zillow/Redfin/Realtor.com Show Are Driving HIGHER PRICES   The Brickell Condo market has seen inventory decreasing and prices increasing. This is nothing new for Brickell nor Miami in general. After all, single family homes available for sale (inventory) have decreased in certain Miami neighborhoods up to 75%; yet, the size and “fluidity” of the Miami Urban Core and Brickell condo market make these numbers unlikely. However, double digit [...]

The State of the Miami Real Estate Market in Q2 2021

April 29, 2021

A Reflection on the Sustainability of this Market and how this Cycle is Different. Everyone knows the Miami Real Estate Market has experienced a massive rise in demand. While the single-family home market started to boom in early 2020, the condo market followed in 2021 with a sudden spike in sales volume. The Miami real estate market seems to be unstoppable and is now officially in boom mode. As the market moves extremely fast, we wanted to take a minute to explain to our readers [...]

5 Reasons Why You Should be Selling your Key Biscayne Home in 2022!

April 26, 2021

The 5 Reasons why the Key Biscayne Real Estate Market is Booming! Key Biscayne is one of Miami's most sought after residential areas, just a bridge away, six miles from Brickell/downtown Miami. Buyers love the many waterfront homes, parks, beaches, laid-back affluent lifestyle, the community as well as the great schools that are located on the island. With the increased interest in Miami real estate, the demand for Key Biscayne homes has increased in the last few months. This article shows you how desired the [...]

9 Reasons Why Selling your Coconut Grove Home in 2022 Will Get You Top Dollar!

April 14, 2021

7 Signs Why You Should Sell your Pinecrest Home in 2022 to Get Top Dollar!

April 9, 2021

7 Signs why the Pinecrest Real Estate Market is Booming! Pinecrest is one of Miami's most desired neighborhoods and very much in demand with today's relocation buyers. Much is written already about Miami's booming real estate market, but few articles zoom into the different areas to give sellers a better understanding of what is going on and where we find the most demand. This article shows you how desired the Pinecrest market is, highlighting the performance of homes in 4 different price ranges: $1M-$2M, $2M-$3M, [...]

The Ft Lauderdale Condo Market Report for Q1 2021

April 7, 2021

The Fort Lauderdale Condo Market Performance for Q1 2021 In July of 2020 the Covid induced real estate fog lifted and a turbo engine started for the South Florida real estate market. In this blog will will take a close look at the Ft Lauderdale condo market and analyze the market influences, selling trends and inventory levels. We will also examine the Top Selling Luxury Condos and make our picks of the best remaining inventory. Coming to Market soon: Our brand new listing at Paramount [...]

Key Biscayne 2021 Q1 Condo Market Update: A Strong Sellers Market

March 26, 2021

Key Biscayne 2021 Q1 Condo Market Update | The Inventory of Key Biscayne Condos for Sale is Evaporating Quickly Well now it’s official, Key Biscayne's condo market is a strong sellers market. Inventory is down 40%, in less than three months with 150 units available, compared to 251 by the end of 2021. At $728/sqft, current Q1 2021 Key Biscayne closing prices are the highest since 2015, the highest since we keep record (15 years), except for 2015, and 13% above 2020 prices ,which were [...]

The Coconut Grove Real Estate Market Report for Q4 2020 | What to Expect Going into 2021?

January 13, 2021

Coconut Grove Homes for Sale | What to Expect Going into 2021? Those who read part 3 of our Q2 and Q3 Miami real estate report (The Miami Real Estate Market before and during Covid-19) already know the strength of the Miami single-family home market. Coconut Grove is one of Miami's most desired residential areas and demand for homes in the Grove is tremendous. Please read below how the Coconut Grove real estate market performed in the last 6 months of 2020 and what we expect to [...]

The South Miami Real Estate Market Report for Q4 2020 | What to Expect Going into 2021?

January 5, 2021

South Miami Homes for Sale | What to Expect Going into 2021? Those who read part 3 of our Q2 and Q3 Miami real estate report (The Miami Real Estate Market before and during Covid-19) already know the strength of the Miami single-family home market. Just like other desired residential areas, the South Miami* single-family home market has really gained in strength in the last quarters. Please read below how the South Miami real estate market performed in the last 6 months of 2020 and what we [...]

The Miami Beach Condo Market Report for Q4 2020 | What to Expect Going into 2021?

December 29, 2020

Miami Beach Condos for Sale | What to Expect Going into 2021? If you read part 2 of our Q2 and Q3 Miami real estate report (The Miami Condo Market before and during Covid-19) you already know that the Miami condo market has experienced high inventory levels for several years. Even before Corona we saw declined transaction volumes and an abundance of overpriced condo units sitting on the market without movement. As always there are better performing sub-markets or price levels, but across the board the [...]

The Coral Gables Real Estate Market Report for Q4 2020 | What to Expect Going into 2021?

December 16, 2020

Coral Gables Homes for Sale | What to Expect Going into 2021? Those who read part 3 of our Q2 and Q3 Miami real estate report (The Miami Real Estate Market before and during Covid-19) already know the strength of the Gables market. We expected a strong year, but nothing could have prepared us for the year we actually got! We are receiving daily relocation calls and most of these potential buyers are inquiring about Coral Gables real estate. Inventory has decreased at a rapid [...]

The Brickell Condo Market in 2020 | Q2 and Q3

October 23, 2020

A Deep Dive into the Brickell Condo Market in 2020 You might have read our Miami Condo Market report as part of our Q2 and Q3 Miami Real Estate report in which we discuss the high amount of inventory that is sitting in the market and how Covid-19 has accelerated the trends that were already in place. In this blog, we focus solely on the Brickell condo market in 2020, which we analyze with the help of our Condo Geeks Analytics tool. Condo Geeks is [...]

The 2020 Q2 and Q3 Miami Real Estate Report. Industry Experts Discuss the South Florida Real Estate Market in 2020

October 12, 2020

Part 4. Top Producing Realtors and Industry Experts Discuss the Miami and South Florida Real Estate Market in 2020 In this fourth part of our 2020 Q2 and Q3 Miami Real Estate Report, I discuss the Miami and Miami Beach real estate market with Mick Duchon and Bill Hernandez, two top producing realtors and true industry experts. We analyze the Miami real estate market with a focus on Miami Beach and ask them about their opinion on how the market is doing, which trends they [...]

The 2020 Q2 and Q3 Miami Real Estate Report | The Miami Single-Family Home Market

October 6, 2020

Part 3. A Look back at the Miami Single-Family Home market during the last 6 months of COVID-19 Overview This report will give you the best optics on the Miami real estate market whether you are relocating, looking for a second home or just looking for opportunity. We will discuss the macro market and then the micro market of Miami and its submarkets. This report consists of 4 parts of which this is the third one. In this third part I we discuss Miami Homes [...]

The 2020 Q2 and Q3 Miami Real Estate Report | The Miami Condo Market

October 5, 2020

Part 2. A Look back at the Miami Condo market during the last 6 months of COVID-19 Overview This report will give you the best optics on the Miami condo market whether you are relocating, looking for a second residence or just looking for opportunity. This report will give you the insights of the market and will let you know at which price point it is safe to buy. This report consists of 4 parts of which this is the second one. In this second [...]

The 2020 Q2 and Q3 Miami Real Estate Report. An Analytical perspective.

October 2, 2020

Part 1. An economical and analytical discussion of the Miami Market During the Last 6 Months of COVID between two top analysts. The 2020 Q2 and Q3 Miami Real Estate Report will give you the best optics on the Miami real estate market whether you are relocating, looking for a second home or just looking for opportunity. In this section Ana Bozovic and myself, two of Miami's most influential real estate analyst and experts, will clarify what happened during these last 6 months. We will [...]

The 2020 Key Biscayne Real Estate Market Update for Key Biscayne Homes for Sale

August 17, 2020

The Key Biscayne Real Estate Market in 2020! The Key Biscayne Real Estate Market in 2020 Please read below our 2020 Key Biscayne Real Estate Market Update for Key Biscayne Homes for Sale. We divided this blog into homes for sale on dry lots and waterfront lots. Key Biscayne has undergone several changes that marked its evolution from a large coconut plantation in the first half of the 20th century, to the playground of the “Winter Elite”, to a thriving year-round exclusive community with residents [...]

Market Report for Miami Beach Homes for Sale | Q1 & Q2 2020

August 5, 2020

The Miami Beach Real Estate Market Update for Q1 & Q2 2020 Market Report for Miami Beach Homes for Sale | Q1 & Q2 2020 When reviewing the behavior of the market this year compared to last year, we are seeing that the Single-Family Market in Miami Beach is experiencing an increase in demand.  This doesn't come as a surprise as this is following the general performance of Miami as a whole. Comparing the closed sales for the first 6 months of 2020 Vs 2019, [...]

Market Report for Key Biscayne Condos for Sale | Q1 & Q2 2020

July 31, 2020

The Key Biscayne Real Estate (Condos) Market Update for Q1 & Q2 2020 We are writing this blog as a quarterly condo market update for Key Biscayne. We will update you on the market’s performance as well as on current trends. Finally we will tell you what we expect to happen in the months to come and where we expect to see opportunities for great deals. Search Directly for Key Biscayne Condos for SaleThe 2020 Key Biscayne Real Estate Market Update for Homes Key Biscayne [...]

Market Report for South of Fifth Condos for Sale | Q1 & Q2 2020

July 24, 2020

The South of Fifth Condo Market Update for Q1 & Q2 2020 We are writing this blog as a quarterly condo market update for South of Fifth. We will update you on the market's performance as well as on current trends. Finally we will tell you what we expect to happen in the months to come and where we expect to see opportunities for great deals. Search directly for South of Fifth condos for saleSearch for individual condo buildings for sale in South of Fifth [...]

The 2020 Fort Lauderdale Real Estate Luxury Report: Our Advanced Software for Predictive Real Estate Analytics

June 9, 2020

Part 7: Our Advanced Software To Analyze Fort Lauderdale Real Estate Welcome to Part 7 of the 2020 Fort Lauderdale Real Estate Luxury Report. In this section we dive into the core of our business and the skill that sets up apart from any other realtor in town; our analytics. With our motto being: ‘Help Clients make better decisions’ we have invested much time and effort into creating specific software tools to accomplish this goal. Below we reveal some of our software which we use [...]

The 2020 Fort Lauderdale Real Estate Luxury Report: Investing in the Fort Lauderdale Real Estate Market

June 2, 2020

Part 6. Smart Ft Lauderdale Real Estate investing; What to focus on and what to avoid in the Ft Lauderdale Real Estate Market? This is the sixth of seven parts to our 2020 Real Estate Luxury Report, the most comprehensive report of it's kind in Ft Lauderdale. So far we have covered: The best performing neighborhoods, the worst performing neighborhoods, the strongest condo buildings, and the weakest condo buildings. We have explored the economic mechanisms in play that are affecting our markets and taken an [...]

The 2020 Fort Lauderdale Real Estate Luxury Report: The (Socio) Economic and Demographic Influences in the Market

May 28, 2020

Part 5 of the 2020 Fort Lauderdale Real Estate Luxury Report: Explaining Why the Fort Lauderdale Real Estate Market behaves in a certain way The 2020 Fort Lauderdale Real Estate Luxury Report: The Market’s main influences in 2020 Most real estate reports talk about what is happening, while almost none of them discuss why something is happening.  As always, the David Siddons Group tries to think out-of-the-box and provide a report with added value. We think the "Why" is just as important as the "What", [...]

The 2020 Fort Lauderdale Real Estate Market Report | Comparing Fort Lauderdale Real Estate to Miami Real Estate

May 25, 2020

Part 4: Moving to South Florida: How does Fort Lauderdale Real Estate Compare to Miami Real Estate? We have been selling Fort Lauderdale real estate for 8 years and Miami Real Estate for over 12 years. We often find ourselves in dialogue with buyers over where they should settle: "Which is going to be best for me?" We weigh up the pro’s and con’s, and sometimes Fort Lauderdale comes out on top and sometimes it's Miami. With relocations being a huge driving factor of our [...]

The Q1 2020 Fort Lauderdale Real Estate Market Report | The Performance of each Fort Lauderdale Neighborhood in Q1 2020

May 19, 2020

Part 3: How did the top Fort Lauderdale Neighborhoods Perform in Q1 2020? Welcome to Part 3 of the Fort Lauderdale Real Estate Luxury Report. In Part 3 we dive deeper into the Q1 sales performances of the luxury neighborhoods in Fort Lauderdale. We ask ourselves: How did every Fort Lauderdale Neighborhood Perform in Q1 2020? We provide snapshot market points for each of the six selected neighborhoods and overview commentary. We also look ahead to selling trends in Q2 and how Covid-19 is impacting [...]

The Q1 2020 Fort Lauderdale Real Estate Report: The Best Fort Lauderdale Condos for Sale

May 18, 2020

Part 2: The best performing Condos in Fort Lauderdale In part 2 of our Fort Lauderdale Real Estate Luxury Report we will examine:  the "Top 5 Luxury Condos for sale in Fort Lauderdale". These are the Condos that have achieved the highest figures; by virtue of asking price or sales price. Taking a look at their statistics we can see the trajectory of sales; what has sold over the last 12 months. Included are Q1 Performance Charts to highlight current selling trends. We report on [...]

The Q1 2020 Fort Lauderdale Real Estate Market Report | The Top 3 Neighborhoods for Fort Lauderdale Waterfront Homes

May 13, 2020

Part 1: Top 3 Best Performing Luxury Waterfront Neighborhoods in Fort Lauderdale. In Part 1 of our Q1 2020 Fort Lauderdale Real Estate Report we will discuss what neighborhoods are the best for Fort Lauderdale Waterfront Homes. We will examine why these neighborhoods outperformed prior year sales and assess likely future selling trends. The Top 3 best performing neighborhoods for Fort Lauderdale waterfront homes according to our data analytics are Coral Ridge, Rio Vista and Bay Colony.  This determination was based on velocity of sales, price [...]

The Q1 2020 Miami Real Estate Report: Investing in the Miami Real Estate Market

April 24, 2020

Part 8. Smart Miami Real Estate investing; What to focus on and what to avoid in the Miami Real Estate Market? Contact me at 305.508.0899 for direct and personalized advice on the best Miami real estate investments This is the final part to our 2020 Q1 Miami Real Estate Report. So far we have covered: The best performing neighborhoods, the worst performing neighborhoods, the strongest condo buildings, and the weakest condo buildings. We have unveiled how we analyzed the markets with the software we use [...]

The Q1 2020 Miami Real Estate Report: How did every Miami Neighborhood Perform in Q1 2020?

April 22, 2020

Part 7: How did every Miami Neighborhood Perform in Q1 2020? In this part (part 7) of the ‘Q1 2020 Miami Real Estate report’ we take a moment to delve into each and every single market, which means every neighborhood and every price point is covered. We ask ourselves: How did every Miami Neighborhood Perform in Q1 2020? We have also provided an overview table at the beginning to make it easier.  Whether you are reading the report in full or just scanning in parts, [...]

The 2020 Miami Real Estate Report: The (Socio) Economic and Demographic Influences in the Market

April 16, 2020

Part 6 of the 2020 Miami Real Estate Report: Explaining the ‘Why’ of the market not just the ‘What’ Typical real estate reports talk a lot about what is happening, but few address the social narrative of WHY it is happening. This is not one of those reports. We decided to take a good look at what has happened in the last 3 months (and in many cases 6 months) and compared it to the year before while bringing into focus the ENTIRE economic cycle [...]

The Q1 2020 Miami Real Estate Report: How to Read our Advanced Software for Predictive Analytics

April 15, 2020

Part 5: Our Advanced Analytical Tools Welcome to Part 5 of the Q1 2020 Miami Real Estate Report. In this section we explore the tools that myself and my team use to ‘Help Clients make better decisions’. We reveal the metrics used in this report to make the narrative and conclusions over what is happening and why it is happening. Now more than ever we need optics to understand what is going on and what could potentially happen in our real estate markets. The stock [...]

The Q1 2020 Miami Real Estate Report: The 10 Best Miami Condos for Great Deals

April 13, 2020

Part 4: 10 Condos in Miami that show weakened performance allowing for opportunity! The 10 Best Miami Condos for Great Deals The 10 Best Miami Condos for Great Deals This blog is Part 4 of an 8 part report in the ‘Q1 2020 Miami Real Estate Report and Forecast’. In this blog we are addressing the weakest condos in Miami primed for opportunistic exploitation or condos that are actually cheaper and better value relative to their competition. These are condos that are particularly susceptible to [...]

The Q1 2020 Miami Real Estate Report: The 10 Most Expensive Condos In Miami

April 10, 2020

Part 3: What are the Top Luxury Condos by dollar per SqFt in Miami? UPDATED FOR 2024: The Most Exclusive Condos in Price Per SF In part 3 of this 8 part report we address: "The 10 Most Expensive Condos in Miami". These are the Condos that have achieved the highest figures - by virtue of asking price or sales price. Taking a look at their statistics we can see the trajectory of sales, what has sold over the last 12 months, all the way [...]

The Q1 2020 Miami Real Estate Report: The 5 Best Miami Neighborhoods for Great Deals

April 8, 2020

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The Q1 2020 Miami Real Estate Report: The 5 Hottest Miami Real Estate Markets that Sell.

April 5, 2020

Part 1: What neighborhood sub markets are selling at all-time highs? The 5 Hottest Miami Real Estate Markets that Sell! This blog is part 1 of an 8 part report in the 'Q1 2020 Miami Real Estate Report and Forecast'. What will become immediately apparent in this report is the screen sharing of both our 'Advanced Analytics' dashboard and our 'Condo Geeks' Dashboard. These are live systems that update either by the quarter or by the day. Feeding directly from the Miami MLS, these systems [...]

The Q1 2020 Miami Real Estate Market Analysis and Report

March 20, 2020

2020 Miami Real Estate Market Trends and Forecast Our focus in this 2020 Miami Real Estate Market Analysis and Report was to produce a detailed 'actionable' report for the premium Miami neighborhoods, for both homes and condos. We have appropriately produced this report at the end of Q1 (End of March 2020) just as we experience the seismic effects of the Corona Virus. As we need to collate all the date through to the end of March we wont have this report published until the [...]

The Coconut Grove Real Estate Report 2019

December 23, 2019

The Coconut Grove Real Estate Market Report 2019 – The Last 6 Months (June till November 2019) Top producing agent and and ex-Coconut Grove resident David Siddons spent the week analyzing the different sub-markets of the Coconut Grove real estate market. Almost half a year after publishing our 2019/2020 Miami Real Estate Forecast we decided this would be a good moment to check the market pulse and  to provide our readers with a clear overview of what has happened in the last 6 months, what [...]

The Coral Gables Real Estate Market Report 2019

November 25, 2019

The Coral Gables Real Estate Market Report 2019 – The Last 6 Months (June till November 2019) Top producing agent and Coral Gables resident David Siddons spent the week analyzing the different sub-markets of the Coral Gables real estate market. Almost half a year after publishing our 2019/2020 Miami Real Estate Forecast we decided this would be a good moment to check the market pulse and  to provide our readers with a clear overview of what has happened in the last 6 months, what trends [...]

Luxury Waterfront Living in Fort Lauderdale | A Market Update and Property Tour

November 25, 2019

The State of the Luxury Fort Lauderdale Home Market in 2019 In this blog we will review some of the key considerations for purchasing a luxury waterfront home in Ft Lauderdale. Our resident agent expert, Elaine Tatum will be your guide. If you are interested in purchasing a home in Ft Lauderdale schedule a Buyer Acclimation Tour with Elaine at 305.793.0540 or with David Siddons att 305.508.0899 What are the priorities for luxury waterfront homes in Ft Lauderdale? What are the priorities for luxury waterfront homes [...]

The Fort Lauderdale Real Estate Market Report 2019

November 22, 2019

The Fort Lauderdale Real Estate Market Report 2019 – The Last 6 Months (April till October 2019) David Siddons and our Fort Lauderdale real estate expert and resident Elaine Tatum spent the week analyzing the Fort Lauderdale real estate market to provide our readers with a clear overview of what has happened in the last 6 months, what trends we are seeing and what we expect from this market in the months to come. Observations in the Fort Lauderdale Real Estate Market of $2M - [...]

The Elliman Report for Quarter 3, 2019 | Fort Lauderdale

November 11, 2019

The Fort Lauderdale Q3 Real Estate Market Report by Douglas Elliman   Douglas Elliman creates quarterly overviews for some of South Florida's most desired real estate markets (Miami, Miami Beach and Coral Gables). This report will discuss the Fort Lauderdale residential real estate market.  The David Siddons Group is now establishing itself in Fort Lauderdale with territory expert, top producer and Fort Lauderdale local Elaine Tatum. Please read our Elliman Report on the Fort Lauderdale real estate market. Please contact us at +1.305.508.0899 or David@siddonsgroup.com for [...]

The Elliman Report for Quarter 3, 2019 | Coral Gables

November 11, 2019

The Coral Gables Q3 Real Estate Market Report by Douglas Elliman   Douglas Elliman creates quarterly overviews for some of Miami's most desired neighborhoods (Miami, Miami Beach and Fort Lauderdale). This report will discuss Coral Gables and as Coral Gables' number 1 Douglas Elliman agent we are sharing this report with our readers. Please contact us at +1.305.508.0899 or David@siddonsgroup.com for more information on the Coral Gables Real Estate Market Highlights of the Quarterly Survey of Coral Gables Residential Sales The single-family median sales price [...]

The Palmetto Bay Real Estate Market Report 2019

November 1, 2019

The Palmetto Bay Real Estate Market Report 2019 – The Last 6 Months (June till November 2019) David Siddons and our Palmetto Bay real estate expert and resident Cristiane Buzolin spent the week analyzing the Palmetto Bay  real estate market to provide our readers with a clear overview of what has happened in the last 6 months, what trends we are seeing and what we expect from this market in the months to come. Observations in the Palmetto Bay Real Estate Market below $500,000 Fast [...]

The Pinecrest Real Estate Market Report 2019

October 31, 2019

The Pinecrest Real Estate Market Report 2019 – The Last 6 Months (April till October 2019) David Siddons and our Pinecrest real estate expert Cristiane Buzolin spent the week analyzing the Pinecrest real estate market to provide our readers with a clear overview of what has happened in the last 6 months, what trends we are seeing and what we expect from this market in the months to come. Click here to see our Live Analytics Page for Pinecrest Observations in the Pinecrest Real Estate [...]

The Miami Beach Condo Market Report 2019

October 29, 2019

The Miami Beach Condo Market Report 2019 – The Last 6 Months (April till October 2019) David Siddons and our Miami Beach real estate expert and resident Stefania Cambarau spent the week analyzing the Miami Beach condo market to provide our readers with a clear overview of what has happened in the last 6 months, what trends we are seeing and what we expect from this market in the months to come. With Miami Beach we refer to 5th street till 87th street (South of [...]

The Brickell Condo Market Report 2019

October 29, 2019

The Brickell Condo Market Report 2019 – The Last 6 Months (April till October 2019) David Siddons and our Brickell condo expert and resident Fernanda Zomignani spent a week analyzing the Brickell condo market to provide our readers with a clear overview of what has happened in the last 6 months, what trends we are seeing and what we expect from this market in the months to come. Follow Brickell's Live Analytics here!! Observations in the Brickell Condo Market below $1M In the last 6 [...]

The South of Fifth Condo Market Report 2019

October 22, 2019

The South of Fifth Condo Market Report 2019 - The Last 6 Months (May till October 2019) David Siddons and our South of Fifth condo expert and resident Stefania Cambarau spent the week analyzing the South of Fifth condo market to provide our readers with a clear overview of what has happened in the last 6 months, what trends we are seeing and what we expect from this market in the months to come. Follow the South of Fifth Live Neighborhood Analytics Observations in the [...]

Miami Beach Condos For Sale | The Best Selling Miami Beach Condos

August 16, 2019

Miami Beach Condos For Sale | Which Miami Beach Condos are moving? We often look at price changes per SF to check how healthy a certain market or condo is. Another way of checking the health of a condo is to check how static a condo is; with other words how much inventory is being moved in this condo? We therefore look at the percentage of units for sale vs the percentage of units that sold in the last 12 months. We often refer to [...]

Sunny Isles Condos for Sale | Now is the Time for Superb Deals and Discounts

August 2, 2019

Sunny Isles Beach Condos for Sale | Where to Get the Best Deals? One of our buyers recently asked us where we see the best discount opportunities in Sunny Isles. As you might know, Sunny Isles is experiencing a very high level of inventory at the moment and many units have been sitting on the market for quite some time. While many buyers stay away for that very reason, others are trying to vulture great deals in a bearish market. As I always say; there [...]

Making a Move to Miami? | The Best Miami Beach Condos For Sale in 2019

June 12, 2019

What are The Best Miami Beach Condos For Sale in 2019? Many high-net-worth individuals are leaving the high-tax states behind them and make a move to Miami. As we have dealt with many relocating families we have grown to understand that condos are equally desired as single family homes. Many of those who come and settle in Miami, are global nomads with a mobile and international lifestyle. For this demographic condos are a great option as you can lock them up and leave without worrying. [...]

Miami’s Luxury Real Estate Market to record prime price growth of 5% in 2019!

April 29, 2019

Miami's Luxury Real Estate Market Forecasted to rise at one of the fastest rates in the world Miami's Prime Market Value is Growing, Despite Negative Numbers in Most Cities Knight Frank's Wealth Report forecasts how key prime residential markets* are set to perform in 2019, and looks back at how its predictions for 2018 planned out. Miami is expected to be the 5th fastest growing luxury real estate market in the world. According to this Knight Frank report, it is ranked 5th out of 20 [...]

The 2019 / 2020 South of Fifth Real Estate Forecast

April 11, 2019

The 2019 South of Fifth Real Estate Forecast Read the Latest South of Fifth Real Estate News and Market Updates hereThe 2019/2020 South of Fifth Condo Market Forecast   The months of inventory show that the neighborhood will keep moving its inventory and South of Fifth will keep its crown of best performing neighborhood on the beach. Below $1M, the market will be fueled by investors buying income generating units (35% of the sales in 2018), while the rest of the product for sale will [...]

The 2019 / 2020 Coconut Grove Condo Market Forecast

April 9, 2019

The 2019 Coconut Grove Condo Forecast Register to Receive our 2020 Q2 & Q3 Miami Real Estate Report | The Miami Condo Market Before and During Covid-19 The 2019 Forecast for Coconut Grove Condos for Sale   Through 2019, the Grove $2M+ resale condo market will continue to be soft. Grovenor House and Grove at Grand Bay will make up the majority of sales for the year. Park Grove is seeing the most amount of product movement and more deals will happen in Tower 1. [...]

The 2019 / 2020 Miami Beach Condo Market Forecast

April 9, 2019

The 2019 Miami Beach Condo Forecast Register to Receive our 2020 Q2 & Q3 Miami Real Estate Report | The Miami Condo Market Before and During Covid-19 The 2019 Forecast for Miami Beach Condos   We expect the condo hotel market to keep dominating the market below $1M. In 2018, 25% of sales happened in this sub-market. That portion of the market will still be in high demand on the beach as the buyers are either pure investors or oftentimes end-users who value the opportunity [...]

The 2019 / 2020 Miami Beach Real Estate Forecast

April 8, 2019

The 2019 Miami Beach Real Estate Forecast Register to Receive our 2020 Q2 & Q3 Miami Real Estate Report | The Miami Condo Market Before and During Covid-19 The 2019 Forecast for Miami Beach Homes   We will see more movements in the ultra-luxury end ($5M+) of the market, because of heavy discounts. Expect to see many properties to be sold at 20%-30% below original listing /asking price. Miami Beach is experiencing somewhat of an identity crisis. While before Miami was purely known for “The [...]

The 2019 / 2020 Brickell Real Estate Forecast

April 2, 2019

The 2019 Brickell Real Estate Forecast Read the latest Brickell Real Estate News and Market Reports The 2019 Forecast for Brickell Condos   We expect the entire market to experience continued downward pressure on property values. Correctional drops of 20% - 30% of original sale prices are possible. In some cases we will even return to 2013 price levels. Buildings that will depreciate the most are the new products that finished in the last 2 to 3 years that have very generic and standard finishes [...]

57 Ocean Miami Beach – How Does it Compare to other Miami Beach Luxury Condos for Sale?

April 1, 2019

57 Ocean in Miami Beach was announced just a few months ago. The luxury condo comes at a peculiar time, as the condo inventory in Miami Beach is seeing a sharp increase and the market is experiencing a softening. Although 57 Ocean won't be delivered until 2021, we reckon the development team must have enough confidence in the condo's success to start building this luxury tower at this very moment. We therefore compared 57 Ocean with several other high-end new constructions around the beach and [...]

The 2019 / 2020 Pinecrest Real Estate Forecast

April 1, 2019

The 2019 Pinecrest Real Estate Forecast Read the latest Pinecrest Real Estate News and Market Updates Register to Receive our 2020 Q2 & Q3 Miami Real Estate Report | The Miami Condo Market Before and During Covid-19 The 2019 Forecast for Pinecrest Homes   With interest rates and mortgage costs going up we predict the lower-end of the market to grow continuously. We also saw an increased demand for homes below $1M by the end of 2018 as prices in Pinecrest are low compared to [...]

The 2019 / 2020 Coconut Grove Real Estate Forecast

March 28, 2019

The 2019 Coconut Grove Real Estate Forecast Register to Receive Our 2020 Q2 & Q3 Miami Real Estate Report | The Miami Market Before and During Covid-19 The 2019 Forecast for Coconut Grove Homes   We expect a continued stable, if not strong, sub $1M market. It will remain increasingly difficult to buy into this market, as there is VERY VERY limited supply. The sub $2M market will remain stable assuming we avoid extreme interest rate spikes and/or sizeable national or global economic movements. The [...]

The 2019 / 2020 Coral Gables Real Estate Forecast

March 27, 2019

The 2019 Coral Gables Real Estate Forecast The 2019 Forecast for Coral Gables Homes   Families will continue to make the Gables a primary buying choice over all other Miami neighborhoods (especially relocating families) and it will remain one of the best performing single-family markets for 2019. Sadly, the market will not be immune to the fact that we are at the end of the economic cycle. In general we won’t see much in the way of appreciating average property values and markets will probably [...]

The Pinecrest Rental Market in 2019

March 27, 2019

The Pinecrest Rental Market - Trends and Opportunities In 2018, Pinecrest had 109 properties rented. The most desirable kind of homes (with 43% of rental market share) are 4 bedroom homes with 2 or more bathrooms, preferably unfurnished. This trend is in line with the size of families that look and live in the area; based on the last (2010) census, Pinecrest has an average of 3 kids per family. Download our 2019 Miami Real Estate Forecast Pinecrest Rental Prices The most expensive rental in [...]

The 2019 Miami Real Estate Forecast: Our Accurate Market Predictions

December 4, 2018

Our 2019 Miami Real Estate Forecast is coming soon! As I ramp up towards the end of 2018, my attention is mostly drawn to the 2019 Miami real estate forecast. I can imagine you are fed up with all these reports telling you the market went up 10%, but fails to let you know whether this movement is expected to continue. You want to know what to do next or what to avoid!  We have been accurately predicting the Miami real estate market for 10 [...]

The 2018 Key Biscayne Luxury Real Estate Report

August 23, 2018

The 2018 Market Analysis for Key Biscayne Luxury Homes for Sale Download the Complete 2018 Miami Luxury Real Estate Report here A Softened Luxury Home Market Key Biscayne luxury homes are experiencing a definitely soft market with around 50 months of inventory - not as soft as last years 60 months but still very soft. There have been just 11 sales (2 pending)so far this year, from between 1st Jan - 1st August 2018. Coming from an inventory of 64 active listings between $3m and $50m as [...]

The 2018 South of Fifth Luxury Condo Report

August 23, 2018

The 2018 Market Analysis for South of Fifth Luxury Condos for Sale Download the Complete 2018 Miami Luxury Real Estate Report here A Bullish Outlook After Some Years of Corrections South of Fifth has seen an extreme price surge in recent years. Prices increased considerably until they reached their peak in the summer of 2015. After 2015, we started seeing price corrections in South of Fifth. The most striking in this market however was the arrival of brand new, expensive properties such as One Ocean and Marea. [...]

The 2018 Miami Beach Luxury Condo Report

August 23, 2018

The 2018 Market Analysis for Miami Beach Luxury Condos for Sale Download the Complete 2018 Miami Luxury Real Estate Report here High Inventory, but not necessarily less demand The Miami Beach condo market saw a considerable correction in 2016, one year after the condo prices peaked. The properties priced at the highest price per SF saw the biggest decline while the lowest and average priced properties seem to have experienced just a small correction. Like in many other markets, the newest wave of condos offered a mix [...]

The 2018 Coconut Grove Luxury Condo Report

August 23, 2018

The 2018 Market Analysis for Coconut Grove Luxury Condos for Sale Download the Complete 2018 Miami Luxury Real Estate Report here Ultra-Luxury Condos are Demanded yet Scarce  The Coconut Grove condo market is unique in its kind. This niche market, which is currently developing a long-awaited luxury market, performed very well over the last few years. The Grove’s luxury market mainly consists of brand new condos and resale condos such as Grovenor House and Grove at Grand Bay. Newcomers include Park Grove, the Fairchild, and The Markers [...]

The 2018 Key Biscayne Luxury Condo Report

August 22, 2018

The 2018 Market Analysis for Key Biscayne Luxury Condos for Sale Download the Complete 2018 Miami Luxury Real Estate Report here Key Biscayne currently has 24 months of inventory. In quantity terms as of August 1st 2018 we have 30 condo properties listed for sale above $3m. 50% of the luxury market (15 of these) are priced between $3m and $5m. Only 2 units of the 30 are priced over $10m. Since Jan 1st 2018 to present we have seen 13 sales of which 7 have come [...]

The 2018 Fisher Island Luxury Condo Report

August 22, 2018

The 2018 Market Analysis for Fisher Island Luxury Condos for Sale Download the Complete 2018 Miami Luxury Real Estate Report here Fisher Island, the richest zip code in the US, is a unique market with almost only luxury properties. For such a small geographical space it has an inaudible number of luxury properties - there are currently 50 properties for sale over $3m! Since Jan 1st this year to August 1st we have seen 12 sales and there are a further 7 pending deals all over $3m. [...]

The 2018 Sunny Isles Beach Luxury Condo Report

August 22, 2018

The 2018 Market Analysis for Sunny Isles Beach Luxury Condos for Sale A Soft Investors Market with Extremely High Levels of Inventory The Sunny Isles Beach luxury market has been soft for sales through 2018. Just 9 sales so far this year over $3m and 2 pending up to August 1st 2018. Mansions of Aqualina and Porsche are the main two condos that feature multiple times in this list. There are no doubt a few others that may have sold in some of the remaining [...]

The 2018 Bal Harbour Luxury Condo Report

August 22, 2018

Bal Harbour Luxury Condos for Sale | The 2018 Market Analysis Please use the orange buttons to read the latest information on the Bal Harbour real estate market. The original article was written in 2018 and information might be outdated. Search Directly for Bal Harbour Condos for SaleThe Latest Bal Harbour Real estate news and market informationBal Harbour Condos belong to one of Miami's hottest real estate markets in 2020The State of the Bal Harbour Luxury Condo Market during Covid 19 A Soft Second Home [...]

The 2018 Brickell Luxury Condo Report

August 22, 2018

Brickell Luxury Condos for Sale | The 2018 Market Analysis Click here to see all the other videos for our 2018 Miami Luxury Real Estate Report (Videos for Miami Beach, Coconut Grove/CoralGables and Pinecrest) Softening of General Market has Influenced Luxury Condo Market Confidence in the general Brickell market has taken a downturn with the oversupply of GENERAL market product, between $600k and $1m (so much new product from buildings like SLS, Bond, Brickell Heights, 1010, Rise and Reach), which has resulted in an unsurprising correction. [...]

The Coconut Grove Luxury Real Estate Market Report 2018

August 16, 2018

Coconut Grove Luxury Homes for Sale | The 2018 Market Analysis Click here to see all the other videos for our 2018 Miami Luxury Real Estate Report (Videos for Miami Beach, Brickell and Pinecrest) Low Inventory Levels are Resulting in Increasing Prices per SF Luxury homes in Coconut Grove have seen a considerable surge in value over the last few years. As the Wall Street Journal expressed very well in a 2016 article, the Grove has seen a metamorphosis from Birckenstocks to Billionaires. The bohemian town [...]

The Coral Gables Luxury Real Estate Market Report 2018

August 16, 2018

Coral Gables Luxury Homes for Sale | The 2018 Market Analysis Click here to see all the other videos for our 2018 Miami Luxury Real Estate Report (Videos for Miami Beach, Brickell and Pinecrest) A Stable, even Bullish Coral Gables Luxury Market Despite a volatile Miami real estate market with rapid price increases followed by price corrections, the Coral Gables market has been quite stable. We did not experience inflated prices in the Gables, which has resulted in zero to none price corrections in recent years. [...]

Miami Beach Luxury Real Estate Market Report 2018

August 15, 2018

Luxury Homes for Sale in Miami Beach | The 2018 Market Analysis Click here to see all the other videos for our 2018 Miami Luxury Real Estate Report (Videos for Coral Gables, Coconut Grove, Brickell, and Pinecrest) A Buyers Market Miami Beach inventory continues to rise and more options than ever before are out there. This makes it by definition a buyers market. Despite an improved price per SF through the first quarter of 2018, the increasing supply of inventory gives buyers much more choices to shop around [...]

Pinecrest Luxury Real Estate Market Report 2018

August 14, 2018

Luxury Homes for Sale in Pinecrest | The 2018 Market Analysis Click here to see all the other videos for our 2018 Miami Luxury Real Estate Report (Videos for Miami Beach, Brickell, Coconut Grove and Coral Gables) A Fair Performance Due to Newly Constructed ‘Smart’ Properties Even though the Pinecrest luxury market displays a rather over-saturated level of inventory (around 40 months) it has performed fairly well in terms of achieved prices in the low, mid and high-end this year. The ‘general’ Pinecrest market was [...]

The Brickell Condo Market in 2018 – What is the latest status of Brickell Condos?

August 9, 2018

Confidence in the Brickell condo market has taken a dive. Many potential buyers heard about the large amount of Brickell condos for sale and owners taking hits on their sales prices. Is this true? Yes, we have a high amount of inventory in this market and we have also seen owners that needed to resell with a loss. Does this mean this is a no-go market? No! Below we explain the market, what is going on and what to look for when you want to [...]

The Status of the Pinecrest Real Estate Market in 2018

July 25, 2018

It has been a while since we last covered Pinecrest in one of our reports, and for that very reason we created this blog; to see how the Pinecrest market is performing. We felt that the market has been picking up in the last months and we wanted to test this by analyzing the actual Pinecrest market data*. *Data are taken over January to July 2017 and January to July 2018 Our Pinecrest listing got an almost full price offer (listed at $925,000) after being [...]

The Coral Gables Real Estate Market in 2018 | How is the Market Performing?

July 22, 2018

The David Siddons Group got many new listings in Coral Gables in the last month. The open houses are highly frequented, many agents share these properties with their clients and we have seen a high number of interested buyers. Our general feeling is that the market is performing very well; not overheated, but a slow yet steady progress. We looked at the sales numbers* in the last 6 months to see whether the data confirmed our bullish impressions. *Data are taken over January to July [...]

The Coconut Grove Real Estate Market in 2018 | Are We More Bullish Than Last Year?

July 19, 2018

With so many new listings, highly trafficked open houses and relocating families looking for Miami homes, we are experiencing a really good 2018. We sold for $40M so far of which $15M closed in June. In our opinion the market has really taken up and Coconut Grove is seeing really low levels of inventory. To see whether this is not just a feeling, we looked at the data in order to see if the numbers support our market impressions of Coconut Grove. Increasing Prices per [...]

Should I Rent or Sell my Key Biscayne Real Estate?

March 22, 2018

Should I rent or sell? A Guide for Key Biscayne property owners As many property owners are thinking of moving on to their next home, they ask themselves what to do with their current home. To keep as an investment or to sell it and to buy a bigger or better home elsewhere? Many people also see neighboring homes that are on the market for a considerable amount of time and think they won't be able to sell theirs.  This blog looks into the Key [...]

Should I Rent or Sell my Coconut Grove Real Estate?

March 21, 2018

Should I rent or sell? A guide for home owners in Coconut Grove Many homeowners are thinking of downsizing or upgrading to another property. Once owners make the decision to move on, they often wonder whether it is better to hold on to their current property or to sell it right away. There are many factors that affect this decision and this blog will discuss whether it is better to rent or to sell your Coconut Grove property. To Sell or to Rent a Property | Questions to ask [...]

Should I Rent or Sell my Coral Gables Home?

March 21, 2018

Is it better to rent or to sell your Coral Gables home in case you are moving out? Many Coral Gables home owners are sure they want to sell, but undecided on whether they should sell their current home or wait for a later moment in time and rent until then. As I'm known as a Miami market analyst, I get many of these calls to help home owners make a financially sound decision. In this blog I discuss the questions one needs to ask [...]

Should I Rent or Sell my Brickell Condo in 2018?

March 19, 2018

I want to move to my next property! Should I sell my Brickell condo or rent it out? I very often go to listing presentations during which the owners tell me they are undecided yet between renting or selling their property. They are unsure of the market and unsure about where they get the best value. This big decision can be made easier by answering a few questions. When to Rent or Sell a Property? Is the market going up or going down? In an [...]

What is The Best Miami Luxury and Oceanfront Pre-Construction Condo in 2018?

March 19, 2018

The Best Miami Condo in 2018 (If you don't want to be on Miami Beach) First off is our initial caveat. We are here to report the facts, but of course we have our personal opinion on every project, which is based on our experience and holistic knowledge of the market. If you like to hear my personal opinion about any of the below projects, please give me a call at +1.305.508.0899. Are you looking for an oceanfront luxury condo in Miami? For those looking [...]

Park Grove Tower 3 – How This Unique Condo Could Reshape the $1M Condo Market in Coconut Grove.

February 16, 2018

The Unique Market Position of the Park Grove Club Residences / Park Grove Tower 3 The Tower 3 "Club Residences" at Park Grove sold out about two years ago. Eager buyers bought these units almost overnight and the demand is still not satisfied. Buyers are now looking for resale opportunities and are already offering prices of 35% over initial sales prices. The average sales price of Tower 3 residences in pre-construction was $1,200 per SF with the highest sales price per SF set at $1,675. In [...]

Coral Gables Real Estate News and Market Trends for 2018

February 9, 2018

A Review of the Coral Gables Real Estate Market in 2017 and Coral Gables Real Estate Outlook for 2018! We analyze how the Coral Gables real estate market performed in 2017 and we will discuss our predictions for 2018 with useful advice for buyers and sellers. By looking at market indictors, the real estate business cycle and our daily “out-in-the-field” experience we will try to draft an outlook for 2018. This report focusses only on the Coral Gables market and divides the market into 5 [...]

The 2018 Pinecrest Real Estate Market Update

February 1, 2018

How did Pinecrest homes perform in 2017 and what to expect from 2018? We would like to update you on the status of the Pinecrest home market. As always we will discuss the past year and we will look at 2018 to see what the Pinecrest real estate market will bring. With so many different reports about the Miami market, it is often hard to get the information that is really useful for you. This report focusses only on the Pinecrest market and divides the [...]

Not All Miami Real Estate Reports are equally informative

January 29, 2018

Miami Real Estate Analyses: To Know the Good from the Bad Many buyers and home owners will be searching online for Miami real estate reports, in order to get the best possible insights into the market. Unfortunately, not all of these reports are of the same quality. We are showing you some characteristics of Miami real estate reports that you need to be cautious with. Which Miami Real Estate Reports to Avoid? Miami real estate reports often lacking depth, narrative or do not distinguish between [...]

What Will Happen With the Brickell Condo Market in 2018?

January 25, 2018

Should you sell your Brickell Condo now or hold on to it for a few more years? This blog focuses on Brickell, but the analysis is valid for the greater Downtown Area including Edgewater The Brickell condo market is now seeing those price corrections we have been talking about for the last two years. Many sellers see their units sit on the market for a long period of time while potential sellers are contemplating whether to sell now or wait till the market shifts. For [...]

The 2017 Real Estate Update for the Upper East Side of Miami

December 19, 2017

What Happened with Miami's Upper East Side Homes in 2017 and What Can We Expect from the Upper East Side in 2018? This blog provides an overview of Miami's Upper East Side real estate market in 2017 and compares the first two quarters with the last two quarters (Excl Dec 2017). We also provide you with the months of inventory, which is one of the best indicators for future behavior. Upper East Side Miami Real Estate in Numbers As multi-million Dollar homes behave completely different [...]

The 2017 Miami Real Estate Update for Palmetto Bay Real Estate

December 4, 2017

What Happened with Palmetto Bay Homes in 2017 and What Can We Expect from Palmetto Bay in 2018? This blog provides an overview of the Palmetto Bay real estate market in 2017 and compares the first two quarters with the last two quarters (Excl Dec 2017). We also provide you with the months of inventory, which is one of the best indicators for future behaviour. Palmetto Bay Real Estate in Numbers As multi-million Dollar homes behave completely different than $400,000 homes, we divided the market [...]

The David Siddons Group Just Released the Miami Real Estate Market Report 2017

October 20, 2017

The Ultimate Guide For Miami Real Estate Like in previous years the David Siddons Group has released another Exclusive Miami Real Estate Market Report which covers 18 of Miami's main residential markets and segments each of these neighborhoods into 5 different price ranges. The report also covers David Siddons' personal narrative which is based on his daily, in-the-field-experience. - Why David wrote the 2017 Miami Real Estate Report David Siddons is known for his many market analyses and investors guides. He studies the market very [...]

Miami Real Estate Property Value Trends 2017

August 28, 2017

What are the Miami Property Values doing in 2017? Most people want to know what property values are doing in the time to come. Whether you own a Miami property or are looking to buy a Miami property, real estate forecasts are extremely important. The David Siddons Group will soon launch the 2017 Miami Real Estate Report. This report covers 16 neighborhoods and 5 price ranges. For each of these sub-markets we provide you with The average of the three lowest sales prices The average [...]

Should I Buy or Sell My Coral Gables Home in 2017?

August 16, 2017

Selling or Buying a Coral Gables Home in 2017, What Would Be the Best Move for You? Many Coral Gables homeowners are interested in knowing the value of their property and to see whether they can step up to a larger home or maybe scale down and purchase a Miami condo. Some owners tell me they read so much different Miami real estate news, they really don't know anymore what to believe. As a top-producing Coral Gables Realtor who is active in this market on [...]

Should I sell my Brickell Condo? The 2017 Market Update

August 1, 2017

Have The Condo Values Peaked In Brickell And Is It Time To Sell my Brickell Condo? "What is happening with the Brickell condo market?" and "Should I sell my Brickell condo" are often heard questions these days. Brickell, Miami's poster child of the latest real estate boom, is seeing high amounts of inventory and correcting prices. Many of Brickell's brand new luxury condos were bought by investors with the idea of "flipping" their unit right after the condo was delivered. With 1000's of units being bought with [...]

The Rising Home Values in Palmetto Bay

May 5, 2017

Buying Real Estate in Palmetto Bay More and more families are migrating South to Palmetto Bay. Palmetto Bay offers large homes on expansive lots for more affordable prices than in many other desired Miami areas. Located just south of Pinecrest, the area offers easy access to Miami's best private schools such as Gulliver, Westminster, and Palmer Trinity. Furthermore, Palmetto Bay is still within close proximity of Miami's main business and financial centers such as Coral Gables and Brickell Miami has seen an increase in home [...]

Miami’s Ultra-Luxury Condos – A Market Update Q1 2017

May 2, 2017

What is the Status of Miami's Ultra-Luxurious Condo Market ($5M+) There has been a great deal of speculation regarding Miami's condo market, especially the higher end of the market. In the last few years, the Miami market experienced an increase in demand with some substantial price increases resulting from it. As the market started to cool down in 2015 - 2016, we saw rising inventory and sellers forced to lower their prices. As we experienced an increase in clients asking for ultra luxury condos and [...]

How did the Coral Gables Real Estate Market perform in Quarter 1 2017?

April 5, 2017

The Coral Gables Real Estate Market in Quarter 1 2017 This is a useful and quick update on the Coral Gables Real Estate Market (Homes only) for the first three months of 2017. We provide you with simple tables and a narrative that will provide both sellers and buyers with an easy understanding of the Coral Gables single family home market. Sold Coral Gables Homes per Price Range Quarter 4 2016 Sold Coral Gables Homes per Price Range Quarter 1 2017 Quarter 1 of 2017 saw slightly less sales (93 vs 101) [...]

2016 Complete Miami Residential Real Estate Report – Covering all Miami Neighborhoods

September 2, 2016

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The Aventura Condo Report and Market Analysis | For July 2016

August 15, 2016

The Aventura Condo Report | Condos for sale in Aventura Aventura real estate offers a mixture of older and new condos: from established projects such as the Turnberry mix, the Peninsula I and Peninsula II, Atlantic 1,2 and 3 to brand new projects like Echo Aventura, Marina Palms and Prive at Island Estates. Many families are interested in Aventura Condos because of the relatively lower price levels ( In comparison to other desired areas in Miami). Aventura condos provide for amazing views over the Turnberry Golf Course, the intra-coastal and [...]

Downtown Miami Condos – 2016 Real Estate Report

July 19, 2016

Downtown Miami Real Estate Report | A year in retrospect 2016 Did our predictions come true? Last year when we wrote the 2015 Brickell Real Estate Report we made some predictions on where the market was heading and provided Downtown Miami condo owners and buyers alike with some advice. This years 2016 Downtown Miami Real Estate Report looks back and explores not just where we are but where the market is going. Don't miss David's conclusions at the bottom of the report! Did our Downtown Miami Real Estate Market Predictions come true? I [...]

Edgewater Condos Miami – 2016 Real Estate Report

July 19, 2016

Edgewater* Real Estate Report | A year in retrospect 2016 Did our predictions come true? Last year when we wrote the 2015 Brickell Real Estate Report we made some predictions on where the market was heading (Downtown Miami and Edgewater were included) and provided Edgewater condo owners and buyers alike with some advice. * For the purpose of this report when we mention Edgewater we refer to the area of Edgewater and the Arts & Entertainment District which includes Wynwood and the Design District.  Needless to say Edgewater as well [...]

Aventura Condo Update – Quarter 4 2015 | Quarter 1 of 2016

May 12, 2016

The Aventura Condo Market in a Nutshell ♦ Average prices  ♦ Inventory levels  ♦ Number of sales   Get a quick overview of the Aventura Condo Market in the first half year of 2016 Our quarterly real estate updates are excellent to gather a pulse on the Aventura condo market as we provide the market’s key indicators. Although our real estate updates are refreshed each quarter they focus on the last half year of Aventura condo data to provide you with a more complete overview of the market.  All data [...]

Downtown Miami Condo Update – Quarter 4 2015 | Quarter 1 of 2016

May 12, 2016

The Downtown Miami Condo Market in a Nutshell ♦ Average prices  ♦ Inventory levels  ♦ Number of sales   Get a quick overview of the Downtown Miami Condo Market in the first half year of 2016 Our quarterly real estate updates are excellent to gather a pulse on the Downtown Miami condo market as we provide the market’s key indicators. Although our real estate updates are refreshed each quarter they focus on the last half year of Downtown Miami condo data to provide you with a more complete overview of [...]

South Miami Real Estate Update – Quarter 4 2015 | Quarter 1 of 2016

May 11, 2016

The South Miami Real Estate Market in a Nutshell ♦ Average prices  ♦ Inventory levels  ♦ Number of sales Search directly for for South Miami homes for sale Get a quick overview of the South Miami Real Estate Market in the first half year of 2016 Our quarterly real estate updates are excellent to gather a pulse on the South Miami real estate market as we provide the market’s key indicators. Although our real estate updates are refreshed each quarter they focus on the last half year of South Miami real estate [...]

Neighborhood Economics for Downtown /Midtown Miami Condos – Quarter 1 and 2 – 2015

July 20, 2015

The Midtown /Downtown Miami Condo Market in a Nutshell Miami midtown / Downtown / Edgewater and the Design District Get a quick overview of the Miami Real Estate Market in the first half year of 2015 The ‘neighborhood economics‘ blogs are excellent to gather a pulse on the Downtown/Midtown Miami Condo Market as we provide the market’s key indicators. This blog focuses on the last 6 months of Miami Real Estate Data and is updated every quarter.  All Data are derived from the MLS South Florida Data are given for Midtown / […]

Neighborhood Economics for Downtown /Midtown Miami Condos – Quarter 1 and 2 – 2015

July 20, 2015

The Midtown /Downtown Miami Condo Market in a Nutshell Miami midtown / Downtown / Edgewater and the Design District Get a quick overview of the Miami Real Estate Market in the first half year of 2015 The ‘neighborhood economics‘ blogs are excellent to gather a pulse on the Downtown/Midtown Miami Condo Market as we provide the market’s key indicators. This blog focuses on the last 6 months of Miami Real Estate Data and is updated every quarter.  All Data are derived from the MLS South Florida Data are given for Midtown / […]

Neighborhood Economics for South Miami Real Estate – Quarter 1 and 2 – 2015

July 17, 2015

The South Miami Real Estate Market in a Nutshell Get a quick overview of the South Miami Real Estate Market in the first half year of 2015 The ‘neighborhood economics‘ blogs are excellent to gather a pulse on the South Miami Real Estate Market as we provide the market’s key indicators. This blog focuses on the last 6 months of South Miami Real Estate Data and is updated every quarter.  All Data are derived from the MLS South Florida Data are given for South Miami Homes in the price ranges of: $500,000 – $1M […]

Neighborhood Real Estate Update for Aventura Condos – Quarter 1 and 2 of 2015

July 17, 2015

The Aventura Condo Market in a Nutshell Get a quick overview of the Aventura Real Estate Market in the first half year of 2015 The ‘neighborhood economics’ blogs are excellent to gather a pulse on the Aventura Condo Market because we provide the market’s key indicators. This blog focuses on the last half year of Aventura Real Estate Data and is updated every quarter. All data are derived from the MLS South Florida. Data are given for Aventura Condos in the price ranges of: $500,000 – $1M $1M – $2M […]