I’m sure that you would agree with the general consensus that the real estate market for Miami Beach condos is currently (and has been for a while) a buyer’s market, right ? Well, you might want to re-think this notion. While the general parameters defining a buyer’s market (supply > demand) are definitely there, most…
We just added a new map of South Beach condo buildings to the site. If you click on any you will get to see it’s name as well as a link that leads you to all South Beach condos that are currently available for sale within the building. Hopefully you find this feature useful as…
If you’ve seen my post on the “South beach condo statistics July 2010″, you know that in July of 2010 there were 78 condos sold in South Beach.
Lately I’ve seen large fluctuations in the average price per sqft on the sales of South Beach condos. Since there aren’t any major price changes (in either direction) happening these days,
Here are the latest statistics for South Beach condos: As of July 31st, 2010 there were 1637 condos for sale in South Beach (zip code 33139). Since Jan 2010 the number of listed condominiums remained relatively stable, fluctuacting only between a low of 1586 units at the beginning of May and high of 1652 South…
Thanks to Peter Zalewski of Condovultures for this article. South Beach new condo sales doubled in the second quarter of 2010 on a quarter-over-quarter basis to 31 individual transactions even as the average price held steady at $1,365 per square, according to a new Condo Vultures® White Paper™. Not included in the new sales totals…
I just took a quick look at the number of condos sold in South Beach for each of the past 3 quarters and as you can see from the graph below, sales have been increasing slowly, but steadily. There are several buildings where prices have increased over the same time period. While there are still…
I just took a quick look at the amount of bank owned South Beach condos and how it changed since Q3 2009 As you can see from this graph is that the amount of foreclosures for sale as well as the amount of foreclosures sold in past couple of months has pretty much doubled. Currently…
Perez (This story, in slightly different form, originally appeared in ALM’s Daily Business Review.)MIAMI-In the latest sign of Jorge Perez’s downsizing, his Related Group is no longer a partner in the Trump Towers luxury condo in Sunny Isles Beach. “We have no comment other than to confirm we have satisfied The Related Group’s lender obligations, and…
Whether you think it’s good or bad, but there aren’t any significant changes to point out in this month’s South Beach Condo market statistics. The most significant difference is that there were 56 condos sold in January of 2010, while the amount of units sold per months in the 3rd and 4th quarter of 2009…
