MI AMI-DADE’S MOST EXCLUSIVE NEIGHBORHOODS
CONDO MARKET 2016 Q3
WATERFRONT CONDOS
M A R K E T U P D AT E
Q3 2015
Q3 2016
% CHANGE
% OF SAMPLE TRADED
1.3%
1.5%
15%
AVERAGE SALES PRICE
$1,301,562
$1,269,811
-2%
AVERAGE LIVING AREA
1,671 SF
1,777 SF
6%
$779
$715
-8%
147
116
-21%
AVERAGE PRICE/SF AVERAGE D.O.M.
NON-WATERFRONT CONDOS
Q3 2015
Q3 2016
% CHANGE
% OF SAMPLE TRADED
0.9%
1.5%
67%
AVERAGE SALES PRICE
$501,540
$440,653
-12%
AVERAGE LIVING AREA
1,114 SF
1,066 SF
-4%
$450
$414
-8%
117
183
57%
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: 19575 Collins Avenue, #37, Sunny Isles Beach
©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.