Edgewater* Real Estate Report | A year in retrospect 2016
Did our predictions come true?
Last year when we wrote the 2015 Brickell Real Estate Report we made some predictions on where the market was heading (Downtown Miami and Edgewater were included) and provided Edgewater condo owners and buyers alike with some advice.
* For the purpose of this report when we mention Edgewater we refer to the area of Edgewater and the Arts & Entertainment District which includes Wynwood and the Design District.
Needless to say Edgewater as well as the Arts & Entertainment District is still a completely different market than the Brickell and Downtown Miami markets. Edgewater has been experiencing a true condo boom which brought Edgewater from an overlooked market to one of Miami’s most desired markets. As many of these brand new Edgewater condos are still under pre-construction the resale market will see some heavy price and inventory changes in the near future once these pre-construction units hit the resale market.
Did our Edgewater Real Estate Market Predictions come true?
I would love to say that we have a vision of where the market was heading, but the truth is that many other well researched and educated owners saw exactly what we saw. The market really did perform how we thought it would. So, ‘Yes’ we predicted correctly!
See what the Edgewater Condo Market did from 2015 into 2016.
What happened to the Edgewater Condo inventory?
What happened to Edgewater Condo Sales prices?
What happened with 1 - 4 bedrooms condos in Edgewater Miami
What happened with the different price ranges of Edgewater Condo?
Read it all: Edgewater Condos Miami - 2016 Real Estate Report
Also available:
Brickell Real Estate Report and Market Analysis
Downtown Miami Real Estate Report and Market Analysis
David Siddons | www.luxlifemiamiblog.com
+1.305.508.0899 | Siddons.d@ewm.com
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