Record Shattering Miami Real Estate SoFi Scorecard $4,257 highest SP$/SF

2021

RECORD SHATTERING YEAR 9 OF THE HIGHEST SELLING MONTHS IN MIAMI’S HISTORY HAPPENED IN 2021

SoFi

South of Fifth

SCORECARD

THE APT TEAMM AT DOUGLAS ELLIMAN

MIAMI: November to remember “The red-hot market, fueled by domestic and global homebuyers, has now established all-time annual records for total home sales (set in 10 months), all-time annual condo sales (set in nine months), and the all-time annual single-family home sales (set in 11 months). The red-hot market, fueled by domestic and global homebuyers, has now established all-time annual records for total home sales (set in 10 months), all-time annual condo sales (set in nine months), and the all-time annual single-family home sales (set in 11 months).

Miami-Dade County total home sales rose 22.9% year-over-year in November 2021, from 2,459 sales to 3,021.

Miami single-family home transactions increased 1.2%, from 1,154 to 1,168. Miami existing condo sales increased 42%, from 1,305 to 1,853.

35,961 total home sales in 11 months, surpassing previous annual record of 2013.

9 of the best 10 selling months Miami registered 35,961 existing total homes sales in 11 months, which surpasses the previous annual record of 30,041 transactions in the entire year of 2013, an increase of 19.7%. Of the top-10 best home sales months in Miami history, nine have happened in 2021 June 2021 (with its 4,057 total transactions) remains the No. 1 overall sales month in Miami history. November 2021 (with its 3,021 sales) ranks as the eighth-best sales month overall since MIAMI began tracking stats in 1993.

Miami home sales are also significantly higher vs. November 2019.

Miami total home sales are up 48.6% in November 2021 vs. November 2019, from 2,033 to 3,021. Miami single-family home sales (20.2% increase) and condo transactions (74.6% jump) are higher than November 2019”.

condos

74.6%

transaction increase

in Miami’s history happened in 2021

Transactions 1.

4,057 / June 2021

6.

3,299 / August 2021

2.

3,960 / April 2021

7.

3,031 / September 2021

3.

3,751 / March 021

8.

3,021 / November 2021

4.

3,632 / July 2021

9.

2,990 / December 2020

5.

3,536 / May 2021

10.

40%

11%

6%

86%

40%

11%

6%

2,978 / October 2021 86%

MIAMI: November to remember

MIAMI: November to remember Sales in November Single-family homes up by 1.2%.

Active Inventory

Condos/Townhomes up by 42%.

Percentage change based on year-to-year comparison

1,863 1,168

-43.6%

TOTAL ACTIVE LISTINGS down by

1,305

1,154

17,758 2020

2021

2020

10,011

2021

2020

2021

SINGLE-FAMILY HOMES

2.1 months Miami single-family luxury ($1-million-and-up) transactions rose 28.2% year-over-year to 209 sales in November 2021. Miami existing condo luxury ($1-million-and-up) sales surged 115.6% year-over-year to 207 transactions.

Dollar volume sales for single-family homes through November 2021 increased 15% from preious year to $1,072.3 Billion. Dollar volume sales for condos and townhomes increased 92.8% to $1,129 Million.

SINGLE-FAMILY HOMES DOLLAR VOLUME $1,072.3 BILLION UP CONDOS/TOWNHOMES DOLLAR VOLUME $1,129 MILLION

CONDOS/TOWNHOMES

15%

UP 92.8%

3.7 months

MIAMI: SoFi 2021 Scorecard

MIAMI: SoFi 2021 Scorecard Properties $1M and over

Average sold price

Properties $1M and over

Average Sold $/SF

2020 Highest sold price 2021 Highest sold price

$3,609,912

2020

$1,160

2020 Days on market: 220

$22,000,000

2021 Days on market: 192

$35,000,000

2020 Ave Sold$/SF

# of Closed Sales

$1,483

$2,688,216 $2,688,216

2021 Ave Sold$/SF

2021

287

67

2020

2021 vs 2020 Average Prices

34.3% Ave. Sold Price

2021

2021

Percentage change

27.8%

Ave. Sold $/SF

2021 SoFi review

31.7% increase

Beds

SF

SP $

SP $/SF

DOM

Min

1

742

$1M

$608

0

Max

7

11,031 $35M

$4,257

2,114

Ave

3

2,170 $3.6M

$1,483

192

DOM: Days on market RECORD ESTABLISHED BY THE APT TEAM, WHO HAD THE HIGHEST SALE/SQFT IN SOUTH OF FIFTH FOR 2021

2020 SoFi review Beds

Max SP $/SF

SF

SP $

SP $/SF

DOM

Min

1

1,042 $1.05M $366

Max

5

6,807

$22M

$3,232

2,009

Ave

3

2,121

$2.7M

$1,160

200

MIAMI: SoFi 2021 Scorecard Properties $1M and over

2020 total volume

2021 total volume

$1,036,044,902

$180,110,500

$1.036B

$180M

THE APT TEAM AT DOUGLAS ELLIMAN 2021 Pinnacle Award recipient, Top 2% of agents company-wide, and #1 New Dev team Florida award. Over 15+ years in business, $800M+ sold, 4 languages spoken, hands-on service & proven results. The APT TEAM holds the highest sale per square foot for South of Fifth in 2021.*

Recent notables & record breakers 50 S Pointe Dr., #3401, RECORD BREAKING SALE $12.9M | $4,257/SF highest sold$/sf buyer rep.

2821 S Bayshore Dr., #16A sold $4.375M seller rep.

2821 S Bayshore Dr., #12A, sold $4.175M seller rep.

Baccarat Residenes, #4806 under contract, $2.6M buyer rep.

200 Biscayne Blvd Way #PH5401for sale $5.3M seller rep.

475%

increase

Thank you Adriana Pinto-Torres | Tracy Ferrer Directors of Luxury Sales Realtor Associates

adriana@theaptteam.com tracy@theaptteaam.com * Buyer repreented

786.493.1388 786.214.0099

www.theaptteam.com