The Miami Beach Real Estate RE-Views for October 2010

The Miami Beach Real Estate reviews for October 2010. The summertime buyer mentality is that Miami Beach real estate sales slow down, and although a steady confidence builds, the month of September again proved it to be so…

Statistics for the month reflect 4,434 total condos for sale along the oceanfront communities of South Beach, Miami Beach, Bal Harbour, North Bay Village, and Sunny Isles Beach, down 5% over this time last year and down 2% over last month.

Miami Beach Real Estate October 2010

  • South Beach Condos: 1,621 for sale | 58 Sales in last 30 days | Average Days on Market 138 | Average Buyer Discount 4% | Average PPSF Asking $337/Sold $311
  • Miami Beach Condos: 1,205 for sale | 39 Sales in last 30 days | Average Days on Market 150 | Average Buyer Discount 6% | Average PPSF Asking $255/Sold $236
  • Bal Harbour Condos: 232 for sale | 4 Sales in last 30 days | Average Days on Market 147 | Average Buyer Discount 9% | Average PPSF Asking $380/Sold $332
  • North Bay Village Condos: 232 for sale | 12 Sales in last 30 days | Average Days on Market 79 | Average Buyer Discount 3% | Average PPSF Asking $136/Sold $130
  • Sunny Isles Beach Condos: 1,144 for sale | 51 Sales in last 30 days | Average Days on Market 142 | Average Buyer Discount 4% | Average PPSF Asking $240/Sold $231

Seasonal demand is huge, and short-term luxury rentals are rare. Customers will be in for the holidays to enjoy Miami’s bliss during winter and explore the vast opportunities along Miami-Dade County Beaches. For more information on oceanfront locations, buildings, or statistics, simply write, find me on ‘Live Chat’, or call me toll-free at 1.888.383.7326.

September 2010 – Real Estate Statistics for the Miami Beaches

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