2017 TRENDS Q1 report supplement

Page 1

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 Additional Information Go To http://reports.sobeone.com Enrique Tejera, P.A. - 786.375.1459 - etejera@onesothebysrealty.com 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 Additional Information Go To http://reports.sobeone.com Enrique Tejera, P.A. - 786.375.1459 - etejera@onesothebysrealty.com 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 Additional Information Go To http://reports.sobeone.com . Enrique Tejera, P.A. - 786.375.1459 - etejera@onesothebysrealty.com 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.


BROWARD’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

52

66

27%

AVERAGE SALES PRICE

$2,006,284

$2,568,189

28%

AVERAGE LIVING AREA

3,818

4,131

8%

AVERAGE PRICE/SF

$409

$622

52%

174

184

6%

# OF TRANSACTIONS

AVERAGE D.O.M.

NON-WATERFRONT HOMES

Q1 2016

Q1 2017

% CHANGE

724

714

-1%

AVERAGE SALES PRICE

$404,288

$501,930

24%

AVERAGE LIVING AREA

2,228

2,521

13%

AVERAGE PRICE/SF

$141

$199

41%

67

98

46%

# OF TRANSACTIONS

AVERAGE D.O.M.

For Additional Information Go To http://reports.sobeone.com . Enrique Tejera, P.A. - 786.375.1459 - etejera@onesothebysrealty.com Pictured: 900 SW 5 Place, Fort Lauderdale

©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.


BROWARD’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

26

33

27%

AVERAGE SALES PRICE

$2,921,731

$3,974,318

36%

AVERAGE LIVING AREA

5,046

5,415

7%

AVERAGE PRICE/SF

$579

$734

27%

236

160

-32%

# OF TRANSACTIONS

AVERAGE D.O.M.

NON-WATERFRONT HOMES

Q1 2016

Q1 2017

% CHANGE

357

349

-2%

AVERAGE SALES PRICE

$580,679

$713,336

23%

AVERAGE LIVING AREA

2,838

3,269

15%

AVERAGE PRICE/SF

$205

$218

7%

74

120

62%

# OF TRANSACTIONS

AVERAGE D.O.M.

For Additional Information Go To http://reports.sobeone.com Enrique Tejera, P.A. - 786.375.1459 - etejera@onesothebysrealty.com Pictured: 615 Lido Drive, Las Olas Isles

©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.


BROWARD’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

2.4%

2.9%

21%

AVERAGE SALES PRICE

$1,141,214

$1,047,226

-8%

AVERAGE LIVING AREA

2,150 SF

2,113 SF

-2%

$531

$525

-1%

98

86

-12%

AVERAGE PRICE/SF AVERAGE D.O.M.

For Additional Information Go To http://reports.sobeone.com Enrique Tejera, P.A. - 786.375.1459 - etejera@onesothebysrealty.com Pictured: The Ritz-Carlton Residences – #2203, Fort Lauderdale

©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.


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