2017 q1reports dade

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.