Mike Howard - Bal Harbor Beachfront - February 2020

Mike Howard REALTOR

®

Beachfront Realty Inc. 18205 Biscayne Boulevard #2205 Aventura, FL 33160

(305) 760-9220 GMHoward1@icloud.com www.HomesInBalHarbour.com

Noam Tal REALTOR®

(786) 251-9261 NoamRealtor@gmail.com www.NoamTal.com

Bal Harbour

BEACHFRONT February 2020 | Real Estate Market Report Presented by Mike Howard and Noam Tal | Your Bal Harbour Beachfront Specialists

active

9801 COLLINS AVENUE #8Z | OFFERED AT $2,100,000 2 Bedrooms | 2.5 Bathrooms | 1,984 Est. Sq. Ft.

Johnathan and Angela-Marie, If you would like your home professionally marketed and featured in our publications, which are mailed to hundreds of potential buyers every month, call us at (305) 760-9220 or (786) 251-9261.

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, When it comes to selling your home, there is no one-size-fits-all. Whether you’re in the first stages of discovery or you’re ready to put your home on the market today, give us today at (305) 760-9220 or (786) 251-9261.

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Living, Loving, and Promoting the Bal Harbour Lifestyle

286

BAL HARBOUR

BEACHFRONT 2019 Real Estate Year-In-Review

SOLD PRICE

$99K Low

-2.3% from 2018

$1.7M Average

SOLD PRICE PER SQ. FT.

$178 SOLD

Low

-1.7% from 2018

$707

Average

18

ACTIVE LISTINGS

121 Total Sales

$8.5M High

$2,042 High

13

89.1% AVERAGE SOLD PRICE/ LIST PRICE RATIO LOW: 64.1% | HIGH: 105.3%

Days Slower than 2018

Average: 185 | Low: 1 | High: 1,228

$200,000 $9,000,000

PENDING LISTINGS

PENDING LIST PRICE RANGE

Bal Harbour Beachfront Homes Sold in the Last 30 Days STATUS

ADDRESS

BEDS

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

LIST DATE

SOLD PRICE SOLD DATE

Sold

10205 Collins Avenue #309

3

2.1

N/A

No

$2,350,000

09/22/19

$2,100,000

01/14/20

Sold

10295 Collins Avenue #206

2

2.1

2,009

No

$1,545,000

10/22/18

$1,400,000

12/30/19

Sold

9801 Collins Avenue #14T

2

2.0

Sold

10275 Collins Avenue #627

1

1.1

1,388

No

$629,000

07/23/19

$515,000

12/23/19

896

No

$450,000

03/20/19

$430,000

12/20/19

Sold

9801 Collins Avenue #5U

2

Sold

2.0

1,688

No

$750,000

12/24/18

$630,000

12/20/19

10225 Collins Avenue #102

Sold

10155 Collins Avenue #905

3

5.1

3,820

Yes

$2,890,000

11/29/18

$2,425,000

12/20/19

4

5.1

3,340

Yes

$2,750,000

03/14/19

$2,450,000

12/20/19

Sold

9703 Ne Collins Avenue #1205

1

2.0

1,475

Yes

$2,582,000

02/09/16

$2,350,000

12/18/19

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. ©2020. All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the BeachesMLS for December 17th, 2019 through January 26th, 2020. 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.

DO YOU KNOW WHAT YOUR BAL HARBOUR BEACHFRONT HOME IS WORTH? Contact us today for a Complimentary Home Evaluation and Custom Marketing Plan.

www.HomesInBalHarbour.com 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 home, you need a marketing and negotiation expert who specializes in your Bal Harbour Beachfront community. If you are thinking of selling, contact us today at (305) 760-9220 or (786) 251-9261.

Data based on listings from BeachesMLS from January 1st to December 31st, 2018 and 2019. Information deemed accurate but not guaranteed.

If you are looking to sell and want to ensure amazing results, contact us today at (305) 760-9220 or (786) 251-9261 to find out about our customized marketing plan and to receive a free market analysis of your home.