MI AMI-DADE’S MOST EXCLUSIVE NEIGHBORHOODS
SINGLE-FAMILY HOME MARKET 2016 Q3
WATERFRONT HOMES
M A R K E T U P D AT E
Q3 2015
Q3 2016
% CHANGE
67
33
-51%
AVERAGE SALES PRICE
$3,471,613
$5,499,767
58%
AVERAGE LIVING AREA
4,202 SF
5,302 SF
26%
$826
$1,037
26%
167
122
-27%
# OF TRANSACTIONS
AVERAGE PRICE/SF AVERAGE D.O.M.
NON-WATERFRONT HOMES
Q3 2015
Q3 2016
% CHANGE
431
353
-18%
AVERAGE SALES PRICE
$1,058,431
$1,168,381
10%
AVERAGE LIVING AREA
2,879 SF
3,055 SF
6%
$368
$382
4%
92
97
5%
# OF TRANSACTIONS
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: 9550 Journey’s End, Coral Gables
©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.
MI AMI-DADE’S MOST EXCLUSIVE NEIGHBORHOODS
SINGLE-FAMILY HOME LUXURY SEGMENT The top 50% of each market by Average Home Price
2016 Q3
WATERFRONT HOMES
M A R K E T U P D AT E
Q3 2015
Q3 2016
% CHANGE
33
15
-55%
AVERAGE SALES PRICE
$5,979,167
$9,956,687
67%
AVERAGE LIVING AREA
5,699 SF
7,350 SF
29%
$1,049
$1,355
29%
198
136
-31%
# OF TRANSACTIONS
AVERAGE PRICE/SF AVERAGE D.O.M.
NON-WATERFRONT HOMES
Q3 2015
Q3 2016
% CHANGE
215
181
-16%
AVERAGE SALES PRICE
$1,589,540
$1,762,027
11%
AVERAGE LIVING AREA
3,679 SF
3,917 SF
6%
$432
$450
4%
100
100
0%
# OF TRANSACTIONS
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: 260 Harbor Drive, Key Biscayne
©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.