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.

Q4-2020 Miami Beach/Barrier Island, Fl Sales
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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.