The Elliman Report for Quarter 3, 2019 | Miami Beach and the Barrier Islands
The Miami Beach Q3 Real Estate Market Report by Douglas Elliman
Douglas Elliman creates quarterly overviews for some of Miami’s most desired neighborhoods (Miami, Coral Gables and Fort Lauderdale). This report will discuss Miami Beach. As real estate analysts and top producing agents within Douglas Elliman 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 Miami Beach Real Estate Market
Highlights of the Quarterly Survey of Miami Beach Residential Sales
The median sales price market-wide was $410,000, up 3.8% from the prior-year quarter for the second increase in the past three quarters. There were 850 sales in the third quarter, up 5.2% from the same period last year and 6.4% above the five-year quarterly average of 799. Listing inventory edged up 1.4% to 6,176 over the same period and 2% above the five-year quarterly average of 6,303.
Highlights from the Quarter 3, 2019 Miami Beach Residential Report