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MIAMI-DADE’S MOST EXCLUSIVE NEIGHBORHOODS
CONDO MARKET
2016 Q 3 M A R K E T U P D AT E
WATERFRONT CONDOS
NON-WATERFRONT CONDOS
% OF SAMPLE TRADED
AVERAGE SALES PRICE
AVERAGE LIVING AREA
AVERAGE PRICE/SF
AVERAGE D.O.M.
1.3%
$1,301,562
1,671 SF
$779
147
1.5%
$1,269,811
1,777 SF
$715
116
15%
-2%
6%
-8%
-21%
Q3 2015 Q3 2016 % CHANGE
% OF SAMPLE TRADED
AVERAGE SALES PRICE
AVERAGE LIVING AREA
AVERAGE PRICE/SF
AVERAGE D.O.M.
0.9%
$501,540
1,114 SF
$450
117
1.5%
$440,653
1,066 SF
$414
183
67%
-12%
-4%
-8%
57%
Q3 2015 Q3 2016 % CHANGE
FOR MORE GUIDES AND REPORTS, PLEASE VISIT ONESOTHEBYSREALTY.COM/REPORTS.
To access our full 2016 TRENDS report, please visit onesothebysrealty.com/trends. Neighborhoods analyzed: page 3 / Detailed methodology: page 5
©MMXVI ONE Sotheby’s International Realty, licensed real estate broker. Sotheby’s International Realty® is a licensed trademark to Sotheby’s International Realty Affi liates LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Offi ce is Independently Owned and Operated. Statistics provided by Integra Realty Resources – Miami\Palm Beach. The information contained herein is deemed accurate but not guaranteed. Pictured: 19575 Collins Avenue, #37, Sunny Isles Beach