Market Brief: Miami Beach & Miami Dade County
$729,177,443 in closed sales this year for Miami Dade County! The most expensive home to sell this year so far sold for $13,900,000 ($1,362 per square foot) and the lowest for $7,000 ($9 per square foot.) 38.8% of these sales were on the market less than 30 days and 54.5% were on the market less than 60 days! Compelling price is the determining factor in this market. Competitive pricing was OK last year; now you must compel the buyers to act!
Miami Beach update: 1700 Bay Drive closed for $1,390,000 ($443.52 per square foot.) This is a waterfront home with 5 bedrooms, 3 baths and one half bath. There are currently 64 pending sales on Miami Beach totaling $84,000,300 and 50 closed sales totaling $96,063,488. If you have any questions or would like to buy or sell a home in Miami, please contact us at 305.329.7728 or by clicking the contact tab at the to of the page. We look forward to hearing from you!
This entry was posted on Thursday, April 8th, 2010 at 9:12 am and is filed under Buyers, Cocoplum, Coral Gables, Financial News, Gables Estates, Gables by the Sea, Journey's End, Old Cutler Bay, Pinecrest, Real Estate News, Sellers, Tahiti Beach. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
