by AshtonColeman on May 14th, 2010., the buyer of South Florida, condos and development, Sunny Isles Beach Condos
Buyers of condominiums and South Florida, Sunny Isles Beach Condos | Tags: Miami condo, Sunny Isles Beach condo, Sunny Isles Beach real estate, Sunny Isles luxury condominium
We've seen down of the Sunny Isles Beach condo market and if it was accurate? This is the "bouncing down" or "Rock Bottom" already met with further improvements in 2010 as Sunny Isles condo inventory decreases? I've been wanting to know this and we will soon discover Sunny Isles Beach condo price trends in the last 2.5 years and, like this year... more
January –
30 Sales at an average selling price per square foot of $
382 and
90% SP/LP% (average buyer discount of 10%)
February –
36 Sales at an average selling price per square foot of
$458 and
87% SP/LP% (average buyer discount of 13%)
March –
45 Sales at an average selling price per square foot of
$324 and
89% SP/LP% (average buyer discount of 11%)
April –
48 Sales at an average selling price per square foot of
$573 and
87% SP/LP% (average buyer discount of 13%)
May –
65 Sales at an average selling price per square foot of
$368 and
90% SP/LP% (average buyer discount of 10%)
June –
50 Sales at an average selling price per square foot of
$309 and
87% SP/LP% (average buyer discount of 13%)
July –
53 Sales at an average selling price per square foot of
$362 and
90% SP/LP% (average buyer discount of 10%)
August –
48 Sales at an average selling price per square foot of
$295 and
92% SP/LP% (average buyer discount of 8%)
September –
56 Sales at an average selling price per square foot of
$253 and
92% SP/LP% (average buyer discount of 8%)
October –
41 Sales at an average selling price per square foot of
$316 and
90% SP/LP% (average buyer discount of 10%)
November –
38 Sales at an average selling price per square foot of
$277 and
92% SP/LP% (average buyer discount of 8%)
December –
49 Sales at an average selling price per square foot of
$269 and
89% SP/LP% (average buyer discount of 11%)
January –
39 Sales at an average selling price per square foot of
$265 and
88% SP/LP% (average buyer discount of 12%)
February –
42 Sales at an average selling price per square foot of
$224 and
86% SP/LP% (average buyer discount of 14%)
March –
61 Sales at an average selling price per square foot of
$234 and
89% SP/LP% (average buyer discount of 11%)
April –
55 Sales at an average selling price per square foot of
$202 and
90% SP/LP% (average buyer discount of 10%)
May –
44 Sales at an average selling price per square foot of
$248 and
91% SP/LP% (average buyer discount of 9%)
June –
57 Sales at an average selling price per square foot of
$222 and
92% SP/LP% (average buyer discount of 8%)
July –
62 Sales at an average selling price per square foot of
$222 and
88% SP/LP% (average buyer discount of 12%)
August –
68 Sales at an average selling price per square foot of
$233 and
90% SP/LP% (average buyer discount of 10%)
September –
62 Sales at an average selling price per square foot of
$241 and
92% SP/LP% (average buyer discount of 8%)
October –
61 Sales at an average selling price per square foot of
$215 and
90% SP/LP% (average buyer discount of 10%)
November –
62 Sales at an average selling price per square foot of
$260 and
94% SP/LP% (average buyer discount of 6%)
December –
55 Sales at an average selling price per square foot of
$269 and
93% SP/LP% (average buyer discount of 7%)
January –
50 Sales at an average selling price per square foot of
$229 and
97% SP/LP% (average buyer discount of 3%)
February –
56 Sales at an average selling price per square foot of
$206 and
95% SP/LP% (average buyer discount of 5%)
March –
77 Sales at an average selling price per square foot of
$231 and
92% SP/LP% (average buyer discount of 8%)
April –
63 Sales at an average selling price per square foot of
$242 and
91% SP/LP% (average buyer discount of 9%)
May – so far
19 Sales at an average selling price per square foot of
$315 and
94% SP/LP% (average buyer discount of 6%)PS.
2007Sales revenues
405 at an average of
$379 PPSF
The real estate channel reports this week, Tower South Beach bulk sale (August 2009) large returns for the investor to show the Caribbean, who took the risk. Bulk buyer 3737 Caribbean Group LLC, a combination of 35 units in the 107 unit has complex, comprising two towers and the new 19 story tower than the original 35 unit Art Deco Caribbean sold. The bulk sale reported that between $50-55 M average $323-355 PSF for each unit that many are $550-650 PSF are currently under contract now sell. Before this new positioning on the price of the units questions were $861 PSF for South Beach, around real estate, so a solid demand for these new values.
Contact us for more information 305-932-2233.