TRENDS 2018 MidYear Real Estate Market Update Miami-Dade Condos

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MIAMI / SOUTH END

DOWNTOWN MIAMI

WATERFRONT CONDOS

NON-WATERFRONT CONDOS

WATERFRONT CONDOS

NON-WATERFRONT CONDOS

AVG. $/SF

% SAMPLE TRADED

AVG. $/SF

$476/SF

3%

$426/SF

4%

h 4%

no change

g 16%

g from 3%

BRICKELL KEY

$516/SF

4%

h 15%

g from 2%

No non-waterfront condo market available

No non-waterfront condo market available

DOWNTOWN MIAMI

$398/SF

4%

$407/SF

4%

h 2%

g from 2%

no chg.

g from 3%

$505/SF

5%

$345/SF

4%

AVG. $/SF

% SAMPLE TRADED

AVG. $/SF

No robust history of a condo market available to index

No robust history of a condo market available to index

$625/SF

5%

no chg.

g from 3%

CORAL GABLES

No waterfront condo market available

No waterfront condo market available

$325/SF

4%

h 8%

g from 2%

DEERING BAY

$446/SF

6%

g 46%

g from 4%

No robust history of a condo market available to index

No robust history of a condo market available to index

COCONUT GROVE

% SAMPLE TRADED BRICKELL

EDGEWATER

MIDTOWN

% SAMPLE TRADED

h 14%

g from 3%

h 3%

no change

No waterfront condo market available

No waterfront condo market available

$332/SF

3%

h 17%

no change

LUXURY HIGHLIGHT: SOUTH OF FIFTH PRICE PER SQUARE FOOT

CONTINUUM NORTH

MURANO PORTOFINO

APOGEE

PORTOFINO TOWER

MURANO GRANDE

ICON SOUTH BEACH

$2,175/SF

$1,919/SF

$1,263/SF

$2,777/SF

$847/SF

$998/SF

$1,048/SF

h 23%

g 26%

h 8%

h 8%

h 3%

AVG. $/SF

CONTINUUM SOUTH

g 23%

h 8%

360 OCEAN DRIVE | KEY BISCAYNE

THE ISLANDS

KEY BISCAYNE FISHER ISLAND BAY HARBOR ISLANDS

MIAMI / NORTH END

MIAMI BEACH

WATERFRONT CONDOS

WATERFRONT CONDOS

WATERFRONT CONDOS

AVG. $/SF

AVG. $/SF

AVG. $/SF

% SAMPLE TRADED

$950/SF

3%

g 16%

g from 2%

$1,235/SF

5%

g 36%

no change

$244/SF

3%

h 1%

AVENTURA

BAL HARBOUR

SURFSIDE

h from 5%

SUNNY ISLES BEACH

% SAMPLE TRADED

$354/SF

3%

h 3%

g from 2%

$1,256/SF

0%

h 4%

no change

$435/SF

2%

h 38%

h from 4%

$767/SF

3%

g 2%

g from 2%

To access our full 2017 TRENDS report, please visit onesothebysrealty.com/trends. Detailed methodology is found on page 82 (condo data is based on luxury tower indices).

All % changes reflect a comparison of current numbers vs. numbers during the same time period last year (January through June).

% SAMPLE TRADED

SOUTH BEACH

$1,433/SF

3%

h 18%

g from 2%

MID BEACH

$913/SF

3%

g 7%

no change

NORTH

$752/SF

2%

BEACH NORTH BAY VILLAGE

h 9%

g from 1%

$271/SF

6%

g 13%

g from 5%


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