Page 1

MI AMI-DADE’S MOST EXCLUSIVE NEIGHBORHOODS

SINGLE-FAMILY HOME MARKET 2016 Q3

WATERFRONT HOMES

M A R K E T U P D AT E

Q3 2015

Q3 2016

% CHANGE

67

33

-51%

AVERAGE SALES PRICE

$3,471,613

$5,499,767

58%

AVERAGE LIVING AREA

4,202 SF

5,302 SF

26%

$826

$1,037

26%

167

122

-27%

# OF TRANSACTIONS

AVERAGE PRICE/SF AVERAGE D.O.M.

NON-WATERFRONT HOMES

Q3 2015

Q3 2016

% CHANGE

431

353

-18%

AVERAGE SALES PRICE

$1,058,431

$1,168,381

10%

AVERAGE LIVING AREA

2,879 SF

3,055 SF

6%

$368

$382

4%

92

97

5%

# OF TRANSACTIONS

AVERAGE PRICE/SF AVERAGE D.O.M.

FOR MORE GUIDES AND REPORTS, PLEASE VISIT ONESOTHEBYSREALTY.COM/REPORTS. To access our full 2016 TRENDS report, please visit onesothebysrealty.com/trends. Neighborhoods analyzed: page 3 / Detailed methodology: page 5

Pictured: 9550 Journey’s End, Coral Gables

©MMXVI ONE Sotheby’s International Realty, licensed real estate broker. Sotheby’s International Realty® is a licensed trademark to Sotheby’s International Realty Affiliates LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Office is Independently Owned and Operated. Statistics provided by Integra Realty Resources – Miami\Palm Beach. The information contained herein is deemed accurate but not guaranteed.


MI AMI-DADE’S MOST EXCLUSIVE NEIGHBORHOODS

SINGLE-FAMILY HOME LUXURY SEGMENT The top 50% of each market by Average Home Price

2016 Q3

WATERFRONT HOMES

M A R K E T U P D AT E

Q3 2015

Q3 2016

% CHANGE

33

15

-55%

AVERAGE SALES PRICE

$5,979,167

$9,956,687

67%

AVERAGE LIVING AREA

5,699 SF

7,350 SF

29%

$1,049

$1,355

29%

198

136

-31%

# OF TRANSACTIONS

AVERAGE PRICE/SF AVERAGE D.O.M.

NON-WATERFRONT HOMES

Q3 2015

Q3 2016

% CHANGE

215

181

-16%

AVERAGE SALES PRICE

$1,589,540

$1,762,027

11%

AVERAGE LIVING AREA

3,679 SF

3,917 SF

6%

$432

$450

4%

100

100

0%

# OF TRANSACTIONS

AVERAGE PRICE/SF AVERAGE D.O.M.

FOR MORE GUIDES AND REPORTS, PLEASE VISIT ONESOTHEBYSREALTY.COM/REPORTS. To access our full 2016 TRENDS report, please visit onesothebysrealty.com/trends. Neighborhoods analyzed: page 3 / Detailed methodology: page 5

Pictured: 260 Harbor Drive, Key Biscayne

©MMXVI ONE Sotheby’s International Realty, licensed real estate broker. Sotheby’s International Realty® is a licensed trademark to Sotheby’s International Realty Affiliates LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Office is Independently Owned and Operated. Statistics provided by Integra Realty Resources – Miami\Palm Beach. The information contained herein is deemed accurate but not guaranteed.

2016 TRENDS | Q3 Market Update | Miami-Dade SF Homes  
Read more
Read more
Similar to
Popular now
Just for you