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Q2-2021 Miami Beach/Barrier Island, FL Sales


Overview Miami Coastal Mainland

Condo & Single Family

Dashboard
Year-over-Year

Graphs 



Miami Coastal Mainland  

Condo


Insights

  • Sales more than tripled year over year to a new record as listing inventory fell sharply over the same period.

  • Median sales price rose to a new record for the fourth time in five quarters.

  • The pace of the market was the fastest since since 2013.

  • Average sales price and average price per square foot rose to new records for the second consecutive quarter.

Miami Coastal Mainland

Single Family


Insights

  • Single family months of supply fell to record or near-record lows over the past four quarters.

  • All price trend indicators rose to new records for the fifth consecutive quarter.

  • The number of sales nearly doubled year over year to a new record.

  • Average sales size rose year over year at an expanding rate for the past two years.

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Condo Matrix by Neighborhood

 
Insights

  • All price trend indicators jumped annually to new records for the second straight quarter.

  • The number of sales more than quadrupled annually to a new record.

 
Insights

  • Median sales price rose year over year to new record.

  • The number of sales rose nearly seven-fold to a record high.

 
Insights

  • Average condo price per square foot rose annually for the second straight quarter to a new record.

  • Condo listing inventory declined year over year to a new low.

  • Single family price trend indicators surged annually to new records.

  • Single family sales more than doubled as listing inventory fell sharply.

 
Insights

  • Condo price trend indicators rose sharply year over year to new records.

  • Condo listing inventory dropped annually to a new low.

  • Single family price trend indicators surged to set new records.

  • Single family sales jumped and listing inventory dropped to press the market pace to a record low.

 
Insights

  • Median sales price and average price per square foot rose to new records for the second straight quarter.

  • Listing inventory fell year over year to a record low, driving the market pace to a record low.

 
Insights

  • All price trend indicators rose to new records for the second consecutive quarter.

  • Listing inventory fell year over year to a record low for the second straight quarter.

 
Insights

  • Median sales price and average price per square foot rose to new records for the second straight quarter.

  • Listing inventory fell year over year to a record low for the second straight quarter.

 
Insights

  • Condo purchasers relied on cash more than any other quarter in the past five years.

  • Condo median sales price surged to a new record from the prior-year quarter.

  • Single family price trend indicators jumped year over year for the fourth straight quarter to new records.

  • Single family listing inventory fell to its lowest level on record.




Disclaimer

The data included in this report is issued by Douglas Elliman Real Estate in collaboration with Miller Samuel Real Estate Appraisers & Consultants. Helm Bank USA is not responsible for any of the content in the report and disclaims any responsibility for its accuracy. The report is posted for informational purposes and should not be construed as an endorsement of the report or of either company by Helm Bank USA.

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