I’m sure you’ve heard people say that the real estate market is horrible and nothing is selling. Well, let’s examine that statement through some statistics. Total # of condos sold in South Beach (zip 33139): Year 2006: 1191 Year 2007: 885 (-26%) Year 2008: 884 (+/- 0%) 2009 YTD: 814 – if Dec 09 ends…
Tag Archive: real estate market statistics
November 2009 Sobe Sales Stats
Just a quick update…. Both Oct and Nov showed 72 sales (each) for South Beach condos. Inventory levels have declined slightly from 1754 unit to 1723 units resulting in just under 24 months of unsold inventory so far. While that is still not great news compared to 6 months inventory that are considered to reflect a…
