Comments on: South Beach Real Estate: Miami Beach Condo Market Index

By: Miami Beach Real Estate: 2008 South Beach Condo Market Index | South Beach Condos Blog

Wed, 28 Jan 2009 15:06:53 +0000

[...] at the “devastation” for 2008. Note that there hasn’t been much change since my last market stats post in [...]

By: Felipe Crook

Felipe Crook — Thu, 08 Jan 2009 05:20:39 +0000

Kevin, I’m a Realtor from Las Vegas so I’m not familiar with your market, but from what I’ve read in the papers your market is hurting as much as ours. I just wanted to know if your luxury price range in as bad as shape as the rest of the house prices? We’re getting some KILLER deals out here, but our luxury market is still holding their price fairly well.

By: Serapis Murillo

Serapis Murillo — Thu, 11 Dec 2008 15:37:34 +0000

Thanks for the info. It’s interesting to see the inventory trend increase right now. Considering many real estate investment funds are actively seeking out opportunities in South Florida. Do you think this trend will continue during the first semester of 2009 or should we see inventory decrease (Hopefully)? Would love to hear your opinion.

By: Riley Smith | Coconut Grove Real Estate

Riley Smith | Coconut Grove Real Estate — Tue, 02 Dec 2008 01:13:41 +0000

I have noticed that the MLS only gives the “days on the market” from the current realtor of the property. It does not include past realtors. Have you had this problem when calculating your numbers?

By: Kevin Tomlinson

Kevin Tomlinson — Thu, 20 Nov 2008 00:48:17 +0000

Michael,

Forgive me for the late response and thanks for dropping by.

At the end of the year I’ll do a y-o-y report.

In the meantime, here is a SoFi stats post from last October.

Hope it helps.

http://www.southbeachrealestateblog.com/2007/10/24/miami-beach-real-estate-statistics-south-beach-ytd-condo-market-index-october-2007/

By: ARDELL

ARDELL — Tue, 18 Nov 2008 03:38:16 +0000

I think it’s quite interesting that the $PSF price accommodates the alphabetical positioning very nicely, except for the Murano buildings. You might want to tip off the next builder/developer to name their building something that begins with A with the second letter something before p. Though beginning with B might get them into the 2 spot at $1.3M, nothing to sneeze at.

By: Michael

Michael — Mon, 17 Nov 2008 20:49:55 +0000

Thanks for the information. Next time, could you add the prior year’s data in these charts? It’ll make the comparison easier. You’re showing a “point in time”, but the change is also useful information.

Thanks.

By: monica

monica — Mon, 17 Nov 2008 13:22:59 +0000

Once again, thank your for this very useful information. It really does pay to know your stuff.