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.