Miami Beach Market Update

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Over the last 30 days there were 13 closings  ranging from $3.5 M ($586 per square foot: water-front) to $126,900 ($329) for a total of $16,640,400. These sales brought the total closed inventory on Miami Beach this year to: $93,479,950!

There are currently 391 active listings on Miami Beach from $29 M to $175,000. Of these listings:

– 26 (6.6%) are priced over $10 M with an average list price per square foot of $1,509

– 266 (68%) are priced over $1 M with an average list price per square foot of $805

-125 (32%) are priced below $1 M with an average list price per square foot of $307

For more information on purchasing a home in Miami or if you would like to schedule a listing presentation, please contact us at 305.329.7728

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