Mike Howard - Bal Harbor Beachfront - August 2019

Mike Howard

Bal Harbour

REALTOR®

(305) 760-9220 gmhoward1@icloud.com

BEACHFRONT

www.HomesInBalHarbour.com Follow me on:

August 2019 | Real Estate Market Report Beachfront Realty Inc. 18205 Biscayne Boulevard #2205 Aventura, FL 33160

2ND QUARTER

BAL HARBOUR BEACHFRONT REAL ESTATE REVIEW

Presented by Mike Howard | Your Bal Harbour Beachfront Specialist

279

CURRENT LISTINGS

SOLD PRICE

-15.2% from 2nd Quarter 2018

PRICE PER SQ. FT. -13.5% from

BAL HARBOUR BEACHFRONT IS IN A

BUYER’S MARKET!

$169,000 $1,592,032 AVERAGE LOW

$8,500,000

HIGH

LOW

$226

AVERAGE

$707

HIGH

$1,823

TOTAL SALES

158

DAYS ON MARKET

89.6%

6 Fewer

20 Days Fewer

-1.1%

than 2nd Quarter 2018

than 2nd Quarter 2018

from 2nd Quarter 2018

2nd Quarter 2018

31

AVERAGE SP/LP

Johnathan and Angela-Marie, Statistics show a decrease in key market indicators and current inventory points to a buyer’s market. To secure the best price for your condo, you need a marketing and negotiation expert who specializes in your Bal Harbour Beachfront community. If you are thinking of selling, contact me today at (305) 760-9220.

Data based on listings from Beaches MLS from April 1st to June 30th, 2018 and 2019. Information deemed accurate but not guaranteed.

Prepared Especially for

JOHNATHAN AND ANGELA-MARIE WILLIAMS

Bal Harbour BEACHFRONT

Mike Howard REALTOR®

Real Estate Market Report

(305) 760-9220 gmhoward1@icloud.com www.HomesInBalHarbour.com

JOHNATHAN AND ANGELA-MARIE, Are you looking to move? Before you list your home, let me show you what’s available and let’s find your dream home. Call me today at (305) 760-9220.

Living, Loving, and Promoting the Bal Harbour Lifestyle

279

Stage for Success 81%

of Buyers

ACTIVE LISTINGS

when it has been staged* *2015 Profile of Home Staging, Reported by National Association of Realtors

IS YOUR CONDO SET UP TO QUICKLY GRAB THE ATTENTION OF POTENTIAL BUYERS?

DEPERSONALIZE

LIGHT & BRIGHT

Remove your memorabilia so buyers can

Boost the mood by opening curtains or blinds

imagine making their own memories.

and leaving lights on for showings.

SQUEAKY CLEAN

ORGANIZE

Buyers want a clean start; you want to

Remove any unnecessary personal items

maximize your value. Tidying up your

(family pictures, memorabilia, etc.) to make

condo allows buyers to see the condo’s

your condo appear larger.

true value and possibly make a higher offer.

Johnathan and Angela-Marie,

PENDING LISTINGS

PENDING LIST PRICE RANGE

Bal Harbour Beachfront Homes Sold in the Last 90 Days

are able to visualize a

condo as their future home

14

$335,000 $3,395,000

STATUS

ADDRESS

BEDS

TOTAL BATHS EST. SQ. FT. OCEAN VIEW LIST PRICE

LIST DATE

SOLD PRICE SOLD DATE

Sold

10175 Collins Avenue #PH7

2

2.1

1,967

Yes

Sold

32 Camden Drive #10

1

1.0

N/A

N/A

$1,350,000

01/07/19

$1,192,000

07/02/19

$249,000

04/25/19

$232,000

Sold

10185 Collins Avenue #1410

1

1.0

1,019

06/17/19

Yes

$369,900

02/28/18

$297,500

06/17/19

Sold

9705 Collins Avenue #1201N

3

3.1

Sold

9801 Collins Avenue #19F

2

2.0

3,884

N/A

$5,995,000

02/22/19

$5,200,000

06/14/19

1,688

Yes

$899,000

04/25/18

$795,000

Sold

10205 Collins Avenue #1204

3

06/12/19

2.1

3,075

Yes

$1,277,000

12/28/18

$1,150,000

Sold

9801 Collins Avenue #15X

06/04/19

2

2.0

1,688

Yes

$809,000

10/09/18

$710,000

06/03/19

Sold Sold

10275 Collins Avenue #212

1

1.1

896

Yes

$434,500

08/18/18

$434,500

05/31/19

9801 Collins Avenue #9G

2

2.0

1,388

N/A

$695,000

04/25/19

$600,000

05/24/19

Sold

10175 Collins Avenue #103

2

2.1

2,018

N/A

$699,000

02/02/19

$670,000

05/15/19

Sold

10295 Collins Avenue #2204

2

2.1

2,256

Yes

$3,500,000

04/03/19

$3,300,000

05/15/19

Sold

10190 Collins Avenue #206

1

1.0

870

N/A

$190,000

12/14/18

$200,000

05/14/19

Sold

9801 Collins Avenue #10P

2

2.0

N/A

Yes

$775,000

02/06/19

$700,000

05/14/19

Sold

9910 Collins Avenue #2

1

1.0

885

N/A

$239,000

02/01/19

$200,000

05/09/19

Sold

10101 Collins Avenue #18E

3

4.2

3,690

Yes

$2,750,000

02/15/19

$2,500,000

05/07/19

Sold

9801 Collins Avenue #17B

2

2.1

1,983

Yes

$1,999,000

06/22/18

$1,750,000

05/06/19

Sold

10205 Collins Avenue #508

3

2.1

3,070

Yes

$1,695,000

06/04/18

$1,610,000

05/03/19

Sold

10205 Collins Avenue #803

2

2.0

1,735

Yes

$998,000

11/14/18

$925,000

05/02/19

Sold

10201 Collins Avenue #611

2

2.0

2,712

N/A

$2,995,000

11/21/18

$2,750,000

04/29/19

Sold

10190 Collins Avenue #107

N/A

1.0

506

N/A

$175,000

03/07/19

$169,000

04/26/19

Sold

10175 Collins Avenue #508

2

2.1

1,967

N/A

$974,900

01/24/17

$900,000

04/26/19

Sold

9801 Collins Avenue #9H

2

2.0

1,688

Yes

$900,000

12/24/18

$850,000

04/22/19

Sold

9701 Collins Avenue #1005S

2

2.1

1,777

N/A

$2,790,000

11/14/18

$2,350,000

04/19/19

Sold

9705 Collins Avenue #904N

2

2.1

1,685

Yes

$2,499,000

01/03/19

$2,390,000

04/19/19

Let me help you prepare your

SEAMLESS SET UP

POSITIVE FOCUS

Sold

10203 Collins Avenue #604

1

1.1

1,285

N/A

$1,280,000

11/28/18

$900,000

04/17/19

Sold

10203 Collins Avenue #605

2

2.1

1,778

N/A

$1,990,000

11/28/18

$1,600,000

04/17/19

condo for a successful sale.

Make sure buyers can easily move from

Highlight the positive focal points or unique

Sold

9701 Collins Avenue #LPH2601

3

3.1

4,662

N/A

$9,499,000

09/04/17

$8,500,000

04/17/19

one room to the other without having to

features

Sold

10205 Collins Avenue #1708

3

2.1

2,600

N/A

$1,950,000

11/23/18

$1,725,000

04/15/19

walk around awkwardly placed furniture

furniture arrangements to let the buyer

or belongings.

see how it may benefit them.

Call me at (305) 760-9220 to get started today!

in

your

condo

with

decor

or

Mike Howard 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. ©2019. All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the BeachesMLS for April 12th, 2019 through July 10th, 2019. 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.