TRENDS Q3 2017

TRENDS highlights South Florida’s most prominent neighborhoods with five years of market data and analysis by some of the nation’s leading real estate consultants.

MIAMI-DADE | SINGLE-FAMILY HOME MARKET

WATERFRONT HOMES

# OF TRANS. 30
AVG. SALES PRICE $5,940,743
AVG. LIVING AREA 5,517 SF
AVG. PRICE/SF $1,077
AVG. D.O.M. 122
# OF TRANS. 28
AVG. SALES PRICE $3,522,135
AVG. LIVING AREA 4,723 SF
AVG. PRICE/SF $746
AVG. D.O.M. 265
# OF TRANS. -7%
AVG. SALES PRICE -41%           
AVG. LIVING AREA -14%
AVG. PRICE/SF -31%
AVG. D.O.M. 117%

NON-WATERFRONT HOMES

# OF TRANS. 356
AVG. SALES PRICE $1,167,721
AVG. LIVING AREA 3,056 SF
AVG. PRICE/SF $382
AVG. D.O.M. 97
# OF TRANS. 302
AVG. SALES PRICE $1,190,646
AVG. LIVING AREA 3,021 SF
AVG. PRICE/SF $394
AVG. D.O.M. 118
# OF TRANS. -15%           
AVG. SALES PRICE 2%
AVG. LIVING AREA -1%
AVG. PRICE/SF 3%
AVG. D.O.M. 22%

MIAMI-DADE | SINGLE-FAMILY HOME LUXURY SEGMENT

WATERFRONT HOMES

# OF TRANS. 15
AVG. SALES PRICE $9,956,687
AVG. LIVING AREA 7,350 SF
AVG. PRICE/SF $1,355
AVG. D.O.M. 136
# OF TRANS. 14
AVG. SALES PRICE $5,506,214
AVG. LIVING AREA 6,414 SF
AVG. PRICE/SF $858
AVG. D.O.M. 297
# OF TRANS. -7%
AVG. SALES PRICE -45%           
AVG. LIVING AREA -13%
AVG. PRICE/SF -37%
AVG. D.O.M. 119%

NON-WATERFRONT HOMES

# OF TRANS. 178
AVG. SALES PRICE $1,653,778
AVG. LIVING AREA 3,846 SF
AVG. PRICE/SF $430
AVG. D.O.M. 101
# OF TRANS. 149
AVG. SALES PRICE $1,784,281
AVG. LIVING AREA 3,913 SF
AVG. PRICE/SF $456
AVG. D.O.M. 141
# OF TRANS. -16%           
AVG. SALES PRICE 8%
AVG. LIVING AREA 2%
AVG. PRICE/SF 6%
AVG. D.O.M. 40%

MIAMI-DADE | CONDO MARKET

WATERFRONT CONDOS

% OF SAMPLE TRADED 1.5%
AVG. SALES PRICE $1,269,811
AVG. LIVING AREA 1,777 SF
AVG. PRICE/SF $715
AVG. D.O.M. 116
% OF SAMPLE TRADED 1.3%
AVG. SALES PRICE $1,248,144
AVG. LIVING AREA 1,797 SF
AVG. PRICE/SF $695
AVG. D.O.M. 129
% OF SAMPLE TRADED -10%           
AVG. SALES PRICE -2%
AVG. LIVING AREA 1%
AVG. PRICE/SF -3%
AVG. D.O.M. 11%

NON-WATERFRONT CONDOS

% OF SAMPLE TRADED 1.5%
AVG. SALES PRICE $440,653
AVG. LIVING AREA 1,066 SF
AVG. PRICE/SF $414
AVG. D.O.M. 76
% OF SAMPLE TRADED 1.1%
AVG. SALES PRICE $426,176
AVG. LIVING AREA 1,163 SF
AVG. PRICE/SF $366
AVG. D.O.M. 78
% OF SAMPLE TRADED -24%        
AVG. SALES PRICE -3%
AVG. LIVING AREA 9%
AVG. PRICE/SF -11%
AVG. D.O.M. 2%

BROWARD | SINGLE-FAMILY HOME MARKET

WATERFRONT HOMES

# OF TRANS. 65
AVG. SALES PRICE $2,087,880
AVG. LIVING AREA 4,096 SF
AVG. PRICE/SF $510
AVG. D.O.M. 216
# OF TRANS. 57
AVG. SALES PRICE $2,160,280
AVG. LIVING AREA 4,067 SF
AVG. PRICE/SF $531
AVG. D.O.M. 167
# OF TRANS. -12%           
AVG. SALES PRICE 3%
AVG. LIVING AREA -1%
AVG. PRICE/SF 4%
AVG. D.O.M. -23%

NON-WATERFRONT HOMES

# OF TRANS. 988
AVG. SALES PRICE $498,184
AVG. LIVING AREA 2,507 SF
AVG. PRICE/SF $199
AVG. D.O.M. 90
# OF TRANS. 704
AVG. SALES PRICE $537,357
AVG. LIVING AREA 2,552 SF
AVG. PRICE/SF $211
AVG. D.O.M. 80
# OF TRANS. -29%        
AVG. SALES PRICE 8%
AVG. LIVING AREA 2%
AVG. PRICE/SF 6%
AVG. D.O.M. -11%

BROWARD | SINGLE-FAMILY HOME LUXURY SEGMENT

WATERFRONT HOMES

# OF TRANS. 32
AVG. SALES PRICE $3,314,371
AVG. LIVING AREA 6,282 SF
AVG. PRICE/SF $528
AVG. D.O.M. 300
# OF TRANS. 28
AVG. SALES PRICE $3,149,993
AVG. LIVING AREA 5,961 SF
AVG. PRICE/SF $528
AVG. D.O.M. 229
# OF TRANS. -13%           
AVG. SALES PRICE -5%
AVG. LIVING AREA -5%
AVG. PRICE/SF 0%
AVG. D.O.M. -24%

NON-WATERFRONT HOMES

# OF TRANS. 494
AVG. SALES PRICE $563,537
AVG. LIVING AREA 2,675 SF
AVG. PRICE/SF $211
AVG. D.O.M. 94
# OF TRANS. 352
AVG. SALES PRICE $747,286
AVG. LIVING AREA 3,296 SF
AVG. PRICE/SF $227
AVG. D.O.M. 101
# OF TRANS. -29%        
AVG. SALES PRICE 33%
AVG. LIVING AREA 23%
AVG. PRICE/SF 8%
AVG. D.O.M. 7%

BROWARD | CONDO MARKET

WATERFRONT CONDOS

% OF SAMPLE TRADED 2.7%
AVG. SALES PRICE $739,286
AVG. LIVING AREA 1,737 SF
AVG. PRICE/SF $426
AVG. D.O.M. 85
% OF SAMPLE TRADED 1.9%
AVG. SALES PRICE $743,073
AVG. LIVING AREA 1,671 SF
AVG. PRICE/SF $445
AVG. D.O.M. 86
% OF SAMPLE TRADED -30%         
AVG. SALES PRICE 1%
AVG. LIVING AREA -4%
AVG. PRICE/SF 4%
AVG. D.O.M. 1%

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  • This field is for validation purposes and should be left unchanged.