Miami Beach: Market Update

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There are currently 392 active listings in the city of Miami Beach totaling: $1,229,554,340

This past week there were 2 closings

– 4640 N. Bay Road closed for $2,750,000 ($1347.38 per square foot)

– 1836 Biarritz Drive closed for $285,000 ($187.13 per square foot)

These closed sales bring the total closed inventory for Miami Beach to: $104,695,200

2010 Miami Beach closings have already outsold 2009 by $61,704,950!

If you would like to schedule a listing presentation or are interested in purchasing a real estate in Miami, please contact us via the “contact” tab at the top of the page or 305.329.7728

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