During the month of April, there were 42 residential sales in Sunny Isles that sold for an average of $477,386 and were on the market for an average of 171 days before going to contract. In March 2008 there were 33 closed sales. One year ago, there were 35 closed sales during April 2007.
Currently, there are 1,621 residential properties for sale in Sunny Isles Beach. Based on last month's sales, approximately one out of every 40 homes is selling per month, which means there is over 3 years of inventory available in Sunny Isles.
For more information on real estate in Sunny Isles, Miami Beach, or Miami, call me at 786.553.0697 or email me at Michael@HomesForVIPs.com. Our website is www.HomesforVIPs.com. If you are interested in learning more about Distressed Property and PreForeclosures in the Miami area, please click on the hyperlink provided.
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