statistics: Closed Sales for Waterfront Houses in Miami Beach (Year-To-Date) - 08/16/08 04:59 PM
There have been 18 closed sales of waterfront houses in Miami Beach since the beginning of this year. Prices range from $11.5 million for a 6,000+ sf house to $1.2 million for a 1,200 sf house on a small lot.
For more information on these sales, please click on the link below to view them. Remember to use the Arrows at the bottom of the page to move to another page. Click inside the small box (1/8) in the left upper corner of the photo to advance to another photo for that listing.18 Sales of Miami Beach Houses 
Excuse me for … (0 comments)

statistics: Great Condo Deals in Surfside and Bal Harbour for less than $1 million - 08/16/08 01:45 PM
Now is definitely the time to buy waterfront condos as the market is still a very strong buyers market, as the supply (inventory) has been level and practically unchanged for the last year. Now you can buy condos in oceanfront condo buildings in Surfside and Bal Harbour for under $300 per square foot.
Sales hit bottom in December. We believe that we hit bottom in December. See the graph below that shows the condo supply and sales over the last 15 months in zip code 33154 which consists of Surfside, Bal Harbour and Bay Harbor Islands. It is based on the recent … (0 comments)

statistics: Wakeup Buyers! Miami Beach Condos on Millionaires Row- Great Deals for 2+ bedrooms - 08/16/08 01:23 AM
Wake up Buyers! Here are 13 of the best deals in Miami Beach on Collins Avenue between the 40's and 70's. Most are below $260 per sq.ft.; some are higher. Note that most of these buildings are older buildings built in the 1960's and 1970's, however, there are some great deals out there and many of them do involve short sales or foreclosures, so closing in less than 2 months is a possibility. Note that these are the least expensive listings on a per square foot basis, thereby showing you the best value - not just the best price.
Some of … (0 comments)

statistics: Setai Miami Beach- Real Estate Market Summary (Year-To-Date) - 08/12/08 01:15 AM
Year to date there have been 11 closed sales in the Setai of which 9 were in the Tower with the other two being in the condo hotel part of the Setai. Average sales price for the Setai Tower is $2.87 million or $1,667/per sf with average days on market of 171 days and have been selling at an average of 88% of list price. Sales ranged from $1.12 million for an 824 sf condo to $6 million for a 3.571 sf penthouse condo. The condo hotel averaged about $563,000 for its two sales or $859/per sf.
There are currently 45 … (1 comments)

statistics: Miami Real Estate has not bottomed out yet...just an opinion! - 08/09/08 04:59 PM
Miami real estate as reported by the media is in trouble and only going to get much worse. The truth is that real estate is such a local business that each neighborhood can be different. For example, the Brickell area has many condos still coming online, whereas, Miami Beach does not have as many.
There are areas in Miami that have been very hard hit because the condos or town homes built were like many others and had been purchased by first time home buyers who unfortunately bought them with adjustable rate mortgages- often two.
Every area is slightly different, so … (0 comments)

statistics: By the Way Miami Beach Real Estate Has Bottomed Out Already - 08/09/08 04:54 PM
Just in case anyone out there does not believe everything that the media reports and sensationalizes (as well as the numerous real estate experts out there), here is some news based on cold hard facts and statistics. 
The supply for Miami Beach has been steady for over one year now. Sales were at their lowest level in December of 2007 and have been increasing modestly since. This does not mean that the market has come roaring back. What it does mean..in my humble opinion...is that it is a great time to buy and hold as there are numerous deals to be had … (0 comments)

statistics: Icon South Beach-Market Report for July 2008 - 08/09/08 04:47 PM
In July there were 4 closed sales. Two of them were one bedroom condos (#3508 and #3308) that sold for $585K and $650K. The other two sales were #3201 (a 3/3) and #2605 (a 2/2), which sold for $2.35 million and $1.175 million respectively. Right now there are 4 condos that are pending sale meaning they are technically in contract. There are currently 34 condos for sale at Icon South Beach located at 450 Alton Road ranging in price from $550,000 for a one bedroom #808 to $15.9 million for Penthouse 1.
For more information about the Icon and other real estate in … (0 comments)

statistics: Apogee Condos-Market Report for July 2008 - 08/09/08 04:32 PM
In the month of July, 2 condos sold- unit# 804 for $5.5 million off the list price of $6.7 million; the other unit #2004 sold at its list price of $7.3 million. The average price per square footof these two sales was $1,541.00. Both were corner units with 4,154 sf under air plus a balcony of over 2,000 sf. There is one sale pending -unit# 2102.
Currently there are 14 condos for sale at Apogee located at 800 S Pointe Drive, one of the newest and most exclusive buildings in South Beach with a total of 68 condos in the building. … (0 comments)

statistics: Analysis of South Beach Condo Sales for July 2008 - 08/09/08 03:44 PM
Out of the 74 condos sold in July 2008 in South Beach, below is the breakdown of sales by price range and related statistics.
$5 million and up -2 sales at an average price of $1,541 per square foot at 91% of list price with average days on market of 122
$2 million-$4.99 million -2 sales at an average price of $999 per square foot at 82% of list price with average days on market of 129
$1 million-$1.99 million -6 sales at an average price of $706 per square foot at 88% of list price with average days on market … (0 comments)

statistics: South Beach Condo Market Report for July 2008 - 08/09/08 03:01 PM
74 condos sold in the South Beach area of Miami Beach in July 2008 out of 2,081 condos that are currently available for sale. The average list price was $819,147 and the average days on market was 167 days. The average sales price was $734,864 for an average price per square foot of approximately $463, which is an average of 92% of the list prices. The median sales price was $442,500. This includes both waterfront and non-waterfront condos.
Sales are down 7.5% from a year ago while the average sales price is up 8% while days on market increased 33%. The … (0 comments)

statistics: South Beach Residential Real Estate Market Report for July 2008 - 08/09/08 01:42 PM
There were a total of 76 closed sales in July 2008 in the South Beach area with an average sales price of $734,864 and an average list price of $819,147. Sales price averaged 92% of the list price. This does not take into account the original list price. Average days on market was 167. The median sales price was $455,000. The average sales price per square foot was $463. These numbers reflect both waterfront residential real estate and non-waterfront property.
Note that these statistics were based on data extracted from the southeast MLS.
For more information about this report and real … (0 comments)

statistics: 43 Condo Sales in SunnyIsles Beach in July 2008 - 08/02/08 05:19 PM
43 condos sold last month according to the southeast MLS in july 2008. The highest price was $3.75 million for a 5,000 square foot penthouse in Acqualina. There were 11 other sales of over $1 million. 4 of the 11 sales were in Acqualina; 3 in Turnberry Ocean Colony; 2 in Trump Palace; 1 in Ocean Two and 1 in Ocean Four. The median sales price was $510,000 as there were 21 sales above $510,000 and 21 sales below $510,000. The average sales price was $743,000 or $378 per square foot and was on the market for an average of 159 days. … (0 comments)

statistics: 93 Condos Sold in Miami Beach for July 2008 - 08/02/08 04:54 PM
There were 93 condos sold in Miami Beach in July 2008 according to the southeast MLS. The highest sale was in the Apogee for $7.3 million. There were 11 sales over $1 million; another 24 over $500,000; 27 condos between $300K and $500K; and 31 sales under $300,000.
With 3,745 condos for sale right now in Miami Beach, this means that based on the last month of sales, approximately 1 condo is selling each month for every 40 condos that are available for sale, or about 40 months of inventory at the current absorption rate.
For more information about real estate … (1 comments)

statistics: 7 Miami Beach Homes Sold in July 2008 - 08/02/08 04:46 PM
There were only 7 reported sales of single family homes in the MLSfor July 2008 at prices ranging from $600,000 to $2.65 million. The sales price was on average 87% of the list price and was on the market an average of 190 days. Of course, the one house that was on the market for 562 days does kind of throw this average off, making it really closer to 130 days on market. With 444 homes currently for sale, the recent sales activity would mean that only 1 in 60 homes that are on the market right now are selling each … (0 comments)

statistics: Key Biscayne Single-Family Home Market Report for June 2008 - 07/19/08 04:59 PM
Currently there are 133 homes for sale in Key Biscayne. In June 2008, 4 condos sold for an average of $3,272,000 and was on the market for an average of 179 days. The median price was $3,120,000 and the sold price to list price percentage averaged 82%. 4 units went pending or into contract.
For more information about Key Biscayne, Miami, Miami Beach and the surrounding areas, please contact us at 786.553.0697, or email us. Visit our award winning website at www.HomesForVIPs.com. We are here to help you learn more about the different areas and to assist you in buying, selling … (0 comments)

statistics: Fisher Island Market Report for June 2008 - 07/19/08 04:47 PM
Currently there are 140 properties for sale in Fisher Island. In June 2008, 6 units sold for an average of $3,333,000 and was on the market for an average of 189 days. The median price was $2,094,000 and the sold price to list price percentage averaged 84%. 3 units went pending or into contract.
For more information about real estate in Fisher Island, Miami, Miami Beach and the surrounding areas, please contact us at 786.553.0697, or email us. Visit our award winning website at www.HomesForVIPs.com. We are here to help you learn more about the different areas and to assist you … (1 comments)

statistics: Sunny Isles Beach Condo Market Report for June 2008 - 07/19/08 04:40 PM
Currently there are 1,466 condos for sale in Sunny Isles Beach. In June 2008, 41 condos sold for an average of $363,000 and was on the market for an average of 128 days. The median price was $265,000 and the sold price to list price percentage averaged 89%. 60 units went pending or into contract.
For more information about Sunny Isles Beach, Miami, Miami Beach and the surrounding areas, please contact us at 786.553.0697, or email us. Visit our award winning website at www.HomesForVIPs.com. We are here to help you learn more about the different areas and to assist you in … (0 comments)

statistics: Surfside, Bal Harbour and Bay Harbor Islands Condo Market Report for June 2008 - 07/19/08 04:31 PM
Currently there are 701 condos for sale in Surfside, Bal Harbour and Bay Harbor Islands. In June 2008, 20 condos sold for an average of $490,000 and was on the market for an average of 174 days. The median price was $322,000 and the sold price to list price percentage averaged 90%. 25 units went pending or into contract.
For more information about Bal Harbour, Surfside, Bay Harbor Islands, Miami, Miami Beach and the surrounding areas, please contact us at 786.553.0697, or email us. Visit our award winning website at www.HomesForVIPs.com. We are here to help you learn more about the … (0 comments)

statistics: June 2008 Market Report for zip code 33141 for Miami Beach Condos - 07/19/08 04:26 PM
Currently there are 1,343 condos for sale in zip code 33141, which is the North Beach section of Miami Beach. In June 2008, 21 condos sold for an average of $309,000 and was on the market for an average of 108 days. The median price was $212,000 and the sold price to list price percentage averaged 92%. 31 units went pending or into contract.
For more information about Miami, Miami Beach and the surrounding areas, please contact us at 786.553.0697, or email us. Visit our award winning website at www.HomesForVIPs.com. We are here to help you learn more about the different … (0 comments)

statistics: Market Report for Miami Beach Condos -Zip Code 33140 for June 2008 - 07/19/08 04:19 PM
Currently there are 1,012 condos for sale in Miami Beach zip code 333140, which is also known as Millionaire's Row. In June 2008, 21 condos sold for an average of $547,000 and was on the market for an average of 119 days. The median price was $485,000 and the sold price to list price percentage averaged 90%. 34 units went pending or into contract. 
For more information about Miami, Miami Beach and the surrounding areas, please contact us at 786.553.0697, or email us. Visit our award winning website at www.HomesForVIPs.com. We are here to help you learn more about the different … (0 comments)

 
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Michael Sahlman

e-PRO - Miami Beach Florida Luxury Homes

Miami Beach, FL

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www.HomesForVIPs.com - Keller Williams Realty

Address: 700 NE 90th Street, Miami, FL, 33138

Office: (786) 553-0697

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