Market Report

Miami

CONDO MARKET REPORT

June 2019

3,303

Unchanged
EXISTING BUILDINGS

1,823

BUILDINGS WITH AVAILABLE INVENTORY

25.5k

AVAILABLE UNIT INVENTORY

UNIT DETAIL TRENDS

  • Studio

  • $268k

    AVG. SALES PRICE
  • $552

    AVG. PRICE PER SQ.FT.
  • $1,729

    AVG. RENTAL PRICE
  • 1,234

    AVAILABLE UNITS
  • View
  • 1BR

  • $358k

    AVG. SALES PRICE
  • $437

    AVG. PRICE PER SQ.FT.
  • $2,215

    AVG. RENTAL PRICE
  • 6,744

    AVAILABLE UNITS
  • View
  • 2BR

  • $592k

    AVG. SALES PRICE
  • $434

    AVG. PRICE PER SQ.FT.
  • $3,383

    ⬆ 1%
    AVG. RENTAL PRICE
  • 11,090

    AVAILABLE UNITS
  • View
  • 3BR

  • $1.22m

    ⬇ 2%
    AVG. SALES PRICE
  • $543

    AVG. PRICE PER SQ.FT.
  • $4,941

    ⬇ 1%
    AVG. RENTAL PRICE
  • 5,158

    AVAILABLE UNITS
  • View
  • 4BR

  • $2.77m

    ⬇ 1%
    AVG. SALES PRICE
  • $763

    AVG. PRICE PER SQ.FT.
  • $7,431

    ⬇ 2%
    AVG. RENTAL PRICE
  • 1,120

    AVAILABLE UNITS
  • View
  • 5BR

  • $7.5m

    ⬇ 2%
    AVG. SALES PRICE
  • $1,164

    ⬇ 3%
    AVG. PRICE PER SQ.FT.
  • $10k

    ⬇ 19%
    AVG. RENTAL PRICE
  • 207

    AVAILABLE UNITS
  • View
This data is a snapshot as of the 15th of the month and provides a comparison to the prior month’s snapshot

 

MOST SALES ACTIVITY

PRIOR MONTH

MOST LISTINGS

SNAPSHOT ON THE 15TH OF THE MONTH

DATA DISCLAIMER: The data used in the Condo Market reports has been aggregated from multiple data sources. The proprietary report data is updated on or about the 15th of each month so that closed sales data reported to Condo.com from the prior month can be incorporated. For example, the April Report reflects closed sales for March and active inventory data reported on April 15th. The report is a snapshot of the market and not a dynamically updated report with real time data. The Market Report data is for informational purposes only and should not be exclusively relied upon when making a sale or purchase decision. Please consult a licensed real estate broker, agent or attorney when making a purchase decision.


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