Crash, Correction or Continued Growth? | Fort Lauderdale Real Estate Market Forecast 2022/2023 (Part 4)
Neighborhood Economics for South Beach Condos – Quarter 1 and 2 of 2015
The South Beach Condo Market in a Nutshell
Get a quick overview of the South Beach Condo Market in the first half year of 2015
(South Beach Condos South of Dade Blvd and the venetian Islands
Zip Code 33139)
The South Beach Condo Market in a Nutshell – Read our quarterly report here with all the key market data to be quickly updated on the South Beach Condo Market
The Quarterly Update on South Beach Homes
The Quarterly Update on Miami Beach Condos
The ‘neighborhood economics’ blogs are excellent to gather a pulse on the South Beach Condo Market as we provide the market’s key indicators. This blog focuses on the last half year of South Beach Real Estate Data and is updated every quarter. All Data are derived from the MLS South Florida
Data are given for South Beach Condos in the price ranges of:
- $750,000 – $1,5M
- $1,5M – $3M
- $3M +
Summary of the South Beach Condo Market– Q2 2015
⇓ All the data in a nutshell ⇓
Overview of the South Beach Condo market in the first half year of 2015. We provide the market’s key data for three budgets.
For Sale vs Sold Condos in South Beach
An overview of how many properties were listed for sale as well as how many properties were sold per month in each price range.
How many condos were listed and how many condos sold in South Beach in 2015 (first half year)?
The Months of Inventory in South Beach
The months of inventory is an important indicator in real estate. It indicates how many months it takes to sell all the current listings under the assumption that no new listings will enter the market.
The months of inventory for South Beach condos.
Rules of Thumb
Buyer’s market: more than 9 months of inventory based on closed sales
Seller’s market: less than 6 months of inventory based on closed sales
Neutral market: 6 – 9 months of inventory based on closed sales
The Sales Prices of condos in South Beach
South Beach condo sales prices (per Sq.Ft) in the first 6 months of 2015.
Read our Quarterly Neighborhood analytics for:
♦ Aventura
♦ Bal Harbour
♦ Brickell
♦ Coconut Grove
♦ Coral Gables
♦ Downtown / Midtown Miami
♦ Fisher Island
♦ Key Biscayne Condos / Key Biscayne Homes
♦ Miami Beach Condos / Miami Beach Homes
♦ Pinecrest
♦ South Beach Condos / South Beach Homes
♦ South Miami
♦ Sunny Isles
Meet the team and see our unique insights into the Miami Real Estate Market
No generalized opinions but an analytic approach
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WHY WORK WITH DAVID? THINGS YOU SHOULD KNOW...
For all our analytics we are agents driving some very unique and advanced tech. We Provide a granular and custom experience that empower our clients with the insight and tools to understand the most complex behaviors of any local markets.
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Analytical
Over 100 reports produced to date
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Over 1800 published articles and counting
We have only superlatives to describe how wonderful Cris Buzolin was throughout the process of selling our townhouse in Coral Gables. We were away in the UK while the transaction was taking place and Cris handled everything-from clearing out our house, selling contents when she could, arranging the moving and storage and dealing with some very difficult problems which arose. Always patient and very willing to help in every way, Cris is a consummate professional who really cares about her clients and worked extremely hard to get the price we had asked for and make things for us as easy as she could. Nothing was too much for her to handle.Cris and Marianela (who provided additional very helpful assistance to us during the transaction) are part of the team that David Siddons has assembled.When we decided to sell our property, we contacted David and he established the framework for the transaction and ensured that everything proceeded smoothly and in accordance with our wishes. In sum, David Siddons and his team are extremely competent and professional and we are totally satisfied with the service they provided. To repeat, Cris Buzolin in particular, went way beyond what one would expect from a real estate agent. The David Siddons Group has our highest recommendation!
I thank the whole team and especially Cris Buzolin who, in a very professional and competent way, helped me to sell my property safely and in the best market condition.
Fantastic group of people to work with!! David and Adriana were responsive and professional throughout the entire process. We weren't familiar with South Florida so David took us under his wing and did a fabulous job giving us a tour of select neighborhoods in South Florida and shared a great deal of information about each. We fell in love with the Botaniko community in Weston and closed the deal with Adriana. If you are buying/selling this is the team you want to work with!! Thank you guys for helping us find our dream home.
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