2010 Annual report - Miami Beach condo sales – A year in review.

by AshtonColeman on 31st December 2010. plot Bal Harbour, buyers of South Florida, community information, condominiums and development, luxury residential market, Miami Beach Condos, North Bay Village condos, the seller of South Florida, Sunny Isles Beach Condos South Beach Condos
Bal Harbour condos, buyers of South Florida, community information, condominiums and development, luxury residential market, Miami Beach Condos, North Bay Village condos, the seller of South Florida, Sunny Isles Beach Condos South Beach Condos | Tags: Miami Beach condo Miami Beach condo blog, Miami Beach real estate Miami Beach real estate blog, North Bay Village real estate oceanfront condos, Sunny Isles Beach Condos South Beach Condos

Miami Beach real estate blog posts were and few and far between and I plan to post more in 2011. This year record was MiamiDreamRealty.com with more revenue than in previous years and a Google dominance setting for another year every day when she noticed 4 niche sites and growing 4 blogs outperform others with customer enquiries every month. I started in 2010 with very competent agent dealing with transactions a great referral business and add to this Miami dream team in 2011. I added more great real estate information and new waterfront offers to the monthly e-newsletter from MailChimp and encourage local monthly update log.

This annual report is the 2010 year in review, the year's condo sales in 2009 and 2008 for a 3-year snapshot on sales and trends compare be.

From 4.216 is December 31st 2010 total Miami Beach Condos for sale by MLS (s.e. Florida multiple listing service) including all Miami-Dade oceanfront communities (plus North Bay Village). General purpose we will check all price ranges and in the coming weeks I'll updated pricing band analysis for select beachfront locations like South Beach & Sunny Isles Beach Condos post.

2010 - 3,066 Condo sales (18% increase over 2009) 2009 - 2522 condo sales (17% increase over 2008) 2008 - 2,099 condo sales (8%) 2010 - $310 sp/PSF (6% reduction compared to 2009) 2009 - $329 sp/PSF (26% decrease compared with 2008) 2008 - $442 sp/psf2010-$ 283 (3% reduction compared to 2009) 2009-$ 292 (30% decrease compared with 2008) 2008-$ 416 2010 - 6% | 141 DOM2009 - 9% | 148 DOM2008 - 10% | 151 DOM2010 - 695 REO | 665 SS2009 - 566 REO | 466 SS2008 - 85 REO | 133 SS

Conflicting evidence with positive growth indicators condo increase sales, reduce inventory decreasing and buyer discounts. On the back side of the equation, sales price per square foot of condominiums are also declining year year. On a pricing band analysis, I suspect that we can see such as properties another story about $1 m vs. properties under $250 k. I find it interesting in the, that 4% of our Miami Beach condo existed as a bank owned and 17% of the active inventory as short selling that 2010 was a very big year for the Bank (REO) sales now exceed short selling possession! I'll condo sales, statistics and trends its coverage of new 2011 check back often for new updates at local Miami Beach real estate market. For more information, visit the many real estate websites or call toll free at 1 888 383 7326.

Only 10 hours left until 2011. Have a happy and safe new year!