Mike Howard
Beachfront Realty Inc. 18205 Biscayne Boulevard #2205 Aventura, FL 33160
REALTOR
®
(305) 760-9220 GMHoward1@icloud.com www.HomesInBalHarbour.com
Noam Tal REALTOR®
Sell
During the
Holiday
Season?
BEACHFRONT December 2021 | Real Estate Market Report
(786) 251-9261 NoamRealtor@gmail.com www.NoamTal.com
Should I
Bal Harbour
Presented by Mike Howard and Noam Tal, Your Bal Harbour Beachfront Specialists
The 2020 holiday season showcased record-breaking sales volume and increased prices, and the current market is still going strong. With a new year on the horizon and experts predicting changes in 2022, this is a perfect time to sell.
SUPPLY IS LOW The driving factor of this uncanny market has been a lack of supply. As some homeowners wait to list until spring, the market will become even tighter. Buyers will have more competition with the lack of available homes, increasing the likelihood of bidding wars.
MORTGAGE RATES ARE RISING Coupled with the lowest supply in history, mortgage rates have similarly remained at record lows. Most experts predict that rates will rise before the new year, making it difficult for buyers who are still hungry and limiting their buying power.
FAMILY DECISION TIME Many companies have adapted to remote employment, giving buyers the opportunity to move wherever they wish. Professionals and families looking to make a big change will search for their next dream home before the new year.
Johnathan and Angela-Marie, Now is the perfect time to sell and capitalize on this unique market. If you’ve considered selling, call us today at (305) 760-9220 or (786) 251-9261, and let’s discuss your options.
Prepared Especially for
JOHNATHAN AND ANGELA-MARIE WILLIAMS
Mike Howard
Bal Harbour BEACHFRONT
Noam Tal
REALTOR®
REALTOR®
(305) 760-9220 GMHoward1@icloud.com www.HomesInBalHarbour.com
Real Estate Market Report
(786) 251-9261 NoamRealtor@gmail.com www.NoamTal.com
JOHNATHAN AND ANGELA-MARIE, If you would like your home featured in this publication and mailed to the Bal Harbour Beachfront neighborhood, please call us today at (305) 760-9220 or (786) 251-9261.
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Living, Loving, and Promoting the Bal Harbour Lifestyle
140
22
$330,000 $5,295,000
ACTIVE LISTINGS
PENDING LISTINGS
PENDING LIST PRICE RANGE
WE WISH YOU A
Wonderful Holiday
Bal Harbour Beachfront Homes Sold in the Past 30 Days
AND A CLASSY NEW YEAR.
ADDRESS
Bal Harbor Beachf ront | At-A-Glance Stats
BEDS
TOTAL BATHS
EST. SQ. FT.
OCEAN VIEW
LIST PRICE
LIST DATE
SOLD PRICE
SOLD DATE
10185 Collins Avenue #721
1
1.0
1,019
Yes
$355,000
08/24/21
$345,000
11/01/21
10295 Collins Avenue #516&517
2
2.1
1,657
Yes
$1,950,000
04/25/16
$1,900,000
10/29/21
9999 Collins Avenue #3C
3
3.1
3,520
Yes
$2,650,000
09/01/21
$2,450,000
10/22/21
9705 Collins Avenue #1405N
2
2.1
1,599
Yes
$3,350,000
08/04/21
$2,900,000
10/22/21
10155 Collins Avenue #PH2
4
3.1
3,300
Yes
$4,595,000
05/24/21
$4,400,000
10/22/21
10201 Collins Avenue #502
2
3.0
2,140
Yes
$4,999,000
01/13/21
$4,500,000
10/15/21
10201 Collins Avenue #2402
3
4.1
3,450
N/A
N/A
N/A
$6,900,000
10/15/21
9801 Collins Avenue #10R
2
2.1
1,968
Yes
$1,349,000
01/07/21
$1,235,000
10/12/21
10295 Collins Avenue #1514/15
2
2.1
1,657
Yes
$2,150,000
03/13/21
$2,050,000
10/12/21
9801 Collins Avenue #11Y
2
2.1
1,983
Yes
$1,499,000
03/23/21
$1,399,000
10/11/21
Mike Howard, Noam Tal, and Beachfront Realty Inc. are in no way affiliated with any Bal Harbour Home Owners Association, nor is this in any way an official advertisement or publication of Bal Harbour. ©2021. All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the BeachesMLS from October 9th, 2021 to November 9th, 2021. Listings and sales may not be those of Beachfront Realty Inc. BeachesMLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.
Average Sold Price: $2,807,900
Average SP/LP Ratio: 93%
Average Price Per Sq. Ft. (Sold): $1,200
Average Days On Market (Solds): 268