MI AMI-DADE’S MOST EXCLUSIVE NEIGHBORHOODS
SINGLE-FAMILY HOME MARKET 2017 Q1
WATERFRONT HOMES
M A R K E T U P D AT E
Q1 2016
Q1 2017
% CHANGE
42
36
-14%
AVERAGE SALES PRICE
$4,513,533
$5,938,375
32%
AVERAGE LIVING AREA
5,537 SF
5,696 SF
3%
$731
$1,043
43%
214
244
14%
# OF TRANSACTIONS
AVERAGE PRICE/SF AVERAGE D.O.M.
NON-WATERFRONT HOMES
Q1 2016
Q1 2017
% CHANGE
278
342
23%
AVERAGE SALES PRICE
$1,164,001
$1,013,743
-13%
AVERAGE LIVING AREA
3,095 SF
2,977 SF
-4%
$275
$341
24%
96
134
39%
# OF TRANSACTIONS
AVERAGE PRICE/SF AVERAGE D.O.M.
FOR MORE GUIDES AND REPORTS, PLEASE VISIT ONESOTHEBYSREALTY.COM/REPORTS. To access our full 2017 TRENDS report, please visit onesothebysrealty.com/trends. Neighborhoods analyzed: page 3 / Detailed methodology: page 66
Pictured: 631 Warren Lane, Key Biscayne
©MMXVII 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
2017 Q1
WATERFRONT HOMES
M A R K E T U P D AT E
Q1 2016
Q1 2017
% CHANGE
21
18
-14%
AVERAGE SALES PRICE
$7,116,429
$10,613,111
49%
AVERAGE LIVING AREA
7,216 SF
8,061 SF
12%
$986
$1,317
34%
280
242
-14%
# OF TRANSACTIONS
AVERAGE PRICE/SF AVERAGE D.O.M.
NON-WATERFRONT HOMES
Q1 2016
Q1 2017
% CHANGE
139
171
23%
AVERAGE SALES PRICE
$1,789,664
$1,479,702
-17%
AVERAGE LIVING AREA
4,036 SF
3,785 SF
-6%
$443
$391
-12%
107
163
53%
# OF TRANSACTIONS
AVERAGE PRICE/SF AVERAGE D.O.M.
FOR MORE GUIDES AND REPORTS, PLEASE VISIT ONESOTHEBYSREALTY.COM/REPORTS. To access our full 2017 TRENDS report, please visit onesothebysrealty.com/trends. Neighborhoods analyzed: page 3 / Detailed methodology: page 66
Pictured: 2305 Lake Avenue, Miami Beach
©MMXVII 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
CONDO MARKET 2017 Q1
WATERFRONT CONDOS
M A R K E T U P D AT E
Q1 2016
Q1 2017
% CHANGE
% OF SAMPLE TRADED
1.6%
1.3%
-19%
AVERAGE SALES PRICE
$1,349,770
$1,558,944
15%
AVERAGE LIVING AREA
1,899 SF
1,914 SF
1%
$711
$705
-1%
140
135
-4%
AVERAGE PRICE/SF AVERAGE D.O.M.
NON-WATERFRONT CONDOS
Q1 2016
Q1 2017
% CHANGE
% OF SAMPLE TRADED
1.8%
1.3%
-28%
AVERAGE SALES PRICE
$522,273
$549,225
5%
AVERAGE LIVING AREA
1,169 SF
1,259 SF
8%
$447
$400
-10%
110
80
-27%
AVERAGE PRICE/SF AVERAGE D.O.M.
FOR MORE GUIDES AND REPORTS, PLEASE VISIT ONESOTHEBYSREALTY.COM/REPORTS. To access our full 2017 TRENDS report, please visit onesothebysrealty.com/trends. Neighborhoods analyzed: page 3 / Detailed methodology: page 66
Pictured: St. Regis, #1000, Bal Harbour
©MMXVII 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.