Q2-2020 Miami Beach/Barrier Island, FL Sales

 
Overview Miami Coastal Mainland

Condo & Single Family

Dashboard
Year-over-Year

 

Graphs 

 
 
 
 

Miami Coastal Mainland  

Condo

Insights
  • Listing inventory and number of sales declined from year-ago levels.
  •  The highest median sales price in more than seven years.
  • The largest rate of annual decline in sales in more than six years.
  • The largest market share of purchase mortgage sales in more than seven years.

Miami Coastal Mainland

Single Family

Insights
  • Single-family median and average sales price rose annually to a new record.
  • Listing inventory fell year-over-year to the lowest second-quarter total in six years.
  • The largest market share of purchase mortgages sales in more than seven years.
  • The largest rate of annual decline in sales in over six years.
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Condo Matrix by Neighborhood

Insights
  • Single family fell sharply year-over-year during the market shutdown.
  • Price trend indicators showed mixed results during the market shutdown.
Insights
  • Sales fell sharply year over year during the market shutdown.
  • Price trend indicators showed mixed results during the market shutdown.
Insights
  • Condo sales fell sharply year-over-year during the market shutdown.
  • Condo price trend indicators showed mixed results during the market shutdown.
  • Single family price trend indicators showed mixed results during the market shutdown.
  • Single family listing inventory continued to show significant declines from the prior-year quarter.
Insights
  • Condo price trend indicators mostly moved higher year-over-year.
  • Condo listing inventory and number of sales declined during the shutdown.
  • Single family price trend indicators continued to rise.
  • Single family listing inventory and the number of sales fell sharply year-over-year.
Insights
  • Sales and listing inventory fell sharply year over year during the market shutdown.
  • Price trend indicators showed mixed results as marketing time fell.
Insights
  • Sales and listing inventory fell sharply year over year during the market shutdown.
  • Price trend indicators showed mixed results as marketing time fell.
Insights
  • Price trend indicators and average sale size rose year over year.
  • Listing inventory slipped as the number of sales declined sharply.
Insights
  • Condo price trend indicators showed mixed results as compared to the year-ago quarter.
  • Despite the shutdown, listing inventory saw little year-over-year change.
  • Single family price trend indicators moved above prior-year levels.
  • Single family listings declined year over year for the fourth straight quarter.