Yesterday marked the beginning of Spring! So what better time to take a look back at the Winter season and review what happened in Brickell Key real estate?
During the 2008-2009 Winter season:
- 30 sales were recorded in Brickell Key
- 25 properties went pending (under contract)
- 128 units were listed or re-listed for sale
- The average sale price was $362,941
- The average price per square foot was $289
- The highest priced sale closed at $1,200,000
- The lowest priced sale closed at $101,000
- The median selling price was $304,500
- 50% of the units sold for under $300,000
- 70% of the units sold for under $400,000
- 50% of the units that went pending had an asking price below $300,000
- 80% of the units that went pending had an asking price below $500,000
- 2 units sold in the $500,000 – $1 Million range
- 2 units sold for $1 Million +
- A 2/2 unit went pending at St. Louis Condo two years after the last sale
- Of the 25 units that went pending, 64% were at Courvoisier and Isola Condos
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