TRENDS 2018 MidYear Real Estate Market Update Miami-Dade Single Family Homes

MIAMI / SOUTH END

All % changes reflect a comparison of current numbers vs. numbers during the same time period last year (January through June).

WATERFRONT HOMES

NON-WATERFRONT HOMES

AVG. $/SF

AVG. LUX PRICE

AVG. $/SF

AVG. LUX PRICE

COCONUT GROVE

$700/SF

$5.8M

$479/SF

$1.9M

h 26%

h 53%

g 5%

h 5%

CORAL GABLES

$815/SF

$8.5M

$422/SF

$1.7M

h 5%

g 9%

g 11%

g 18%

PALMETTO BAY

$236/SF

$681K

$224/SF

$708K

g 3%

h 31%

g 10%

h 4%

$882/SF

$12.8M

$517/SF

$3.7M

COCOPLUM

g 53%

g 241%

g 12%

h 5%

$869/SF

$43.7M

Insufficient data

h 49%

g 238%

No non-waterfront single-family home market available

Insufficient data: No sales

Insufficient data

No non-waterfront single-family home market available

Insufficient data

No waterfront single-family home market available

Insufficient data

SNAPPER CREEK LAKES

No waterfront single-family home market available

Insufficient data

P.-DAVIS & H. PINES

No waterfront single-family home market available

Insufficient data

GABLES ESTATES OLD CUTLER BAY

PINECREST

$358/SF

$2M

g 18%

g 21%

$522/SF

Insufficient data

g 35%

$544/SF

$5M

g 14%

g 67%

MIAMI BEACH

370 S HIBISCUS DRIVE | MIAMI BEACH

MIAMI / NORTH END

WATERFRONT HOMES

NON-WATERFRONT HOMES

WATERFRONT HOMES

NON-WATERFRONT HOMES

AVG. $/SF

AVG. LUX PRICE

AVG. $/SF

AVG. LUX PRICE

AVG. $/SF

AVG. LUX PRICE

AVG. $/SF

$962/SF

$8.9M

$528/SF

$2.3M

$407/SF

$2M

$415/SF

$1.9M

h 27%

h 46%

h 18%

h 27%

g 11%

g 76%

g 46%

g 105%

NORTH BAY ROAD

$1,397/SF

$10.5M

$604/SF

$3.3M

h 24%

h 48%

h 4%

g 20%

PINE TREE DRIVE

$1,036/SF

$17M

$563/SF

$2.5M

h 13%

h 25%

g 14%

g 35%

ALTON ROAD (LGS)

No waterfront single-family home market available

Insufficient data

$426/SF

$1.7M

g 7%

g 30%

LA GORCE DR. (LGS)

No waterfront single-family home market available

MID BEACH

Insufficient data

$581/SF

AVENTURA

GOLDEN BEACH

$1,235/SF

$14M

$579/SF

g 46%

g 124%

h 23%

BAL HARBOUR

$2,030/SF

Insufficient data

g 68%

$700/SF

SURFSIDE

Insufficient data

h 16%

AVG. LUX PRICE

Insufficient data

$628/SF

$3.1M

h 47%

h 49%

$362/SF

$852K

h 7%

g 8%

Insufficient data

g 58%

LGS: La Gorce Subdivision

WATERFRONT vs. NON-WATERFRONT MIAMI / SOUTH END 6%

MARKET BREAKDOWN OF SINGLE-FAMILY HOME TRANSACTIONS

THE ISLANDS

MIAMI BEACH

94%

16%

84%

38%

MIAMI / NORTH END 62%

26%

74%

THE ISLANDS WATERFRONT HOMES

NON-WATERFRONT HOMES

AVG. $/SF

AVG. LUX PRICE

AVG. $/SF

AVG. LUX PRICE

KEY BISCAYNE

$1,111/SF

$22M

$745/SF

$2.9M

h 37%

g 16%

h 12%

h 2%

PALM / STAR / HIBISCUS

$1,826/SF

$33M

$598/SF

g 96%

g 340%

g 20%

Insufficient data: 1 total sale

VENETIAN ISLANDS

$1,763/SF

$14.2M

$750/SF

$2.3M

g 20%

g 26%

g 28%

g 19%

Insufficient data: 1 total sale

Insufficient data

SUNSET ISLANDS LA GORCE ISLAND

No waterfront single-family home market available

$919/SF

Insufficient data

$787/SF

NORMANDY ISLE

$831/SF

$5.6M

g 2%

Insufficient data

h 39%

Insufficient data: No sales

$718/SF

Insufficient data

h 14%

BAY HARBOR ISLANDS

INDIAN CREEK

Insufficient data

g 1%

$616/SF

Insufficient data

g 38%

$324/SF

$895K

g 54%

g 5%

g 5%

Insufficient data

No non-waterfront single-family home market available

Insufficient data

5945 SW 112 STREET | PINECREST To access our full 2018 TRENDS report, please visit onesothebysrealty.com/trends. Detailed methodology is found on page 82.

Avg. Lux Price = The top 50% of each market by average home price