Crash, Correction or Continued Growth? | Fort Lauderdale Real Estate Market Report 2022/2023 (Part 3)
Sunny Isles Beach Condo Update – Quarter 4 2015 | Quarter 1 of 2016
The Sunny Isles Beach Condo Market in a Nutshell
♦ Average prices ♦ Inventory levels ♦ Number of sales
Get a quick overview of the Sunny Isles Beach Condo Market in the first half year of 2016
Our quarterly real estate updates are excellent to gather a pulse on the Sunny Isles Beach 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 Sunny Isles Beach condo data to provide you with a more complete overview of the market. All data are derived from the MLS South Florida
Data are given for Sunny Isles Beach condos in the price ranges of:
- $350,000 – $1M
- $1M – $2M
- $2M +
Summary of the Sunny Isles Beach Condo Market– Q4 2015 and Q1 2016
Please find all the data in the table below. For the more visual people, the graphs will follow hereafter.
Click on image to enlarge
The Average Sales Prices per Sq.Ft for Sunny Isles Beach condos
Have a look at the average sales prices per Sq.Ft for Sunny Isles Beach condos in the last 6 months
Please note that this graph provides the data for three different price ranges. The thicker, straight lines are trend lines and provide you with a better idea of to where the market is heading.
Click on image to enlarge
The Months of Inventory for Sunny Isles Beach Condos
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.
Please note that this graph provides the data for three different price ranges. The thicker, straight lines are trend lines and provide you with a better idea of to where the market is heading.
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
Click on image to enlarge
Sunny Isles Beach condos for sale vs Sunny Isles Beach condos sold
This overview provides you with the amount of condos that sold vs the amount of condos that were listed on the market. This says something about the supply and demand of the Sunny Isles Beach real estate market
Please note that there are three different graphs for three different price ranges in the gallery
Click on images to enlarge
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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