Miami Beach Real Estate: 2009 South Beach Condo Market Index

2009 luxury real estate statistics for condos in the SoFi neighborhood of South Beach. The condo index is comprised of nine waterfront high-rise condos: Apogee South Beach, Continuum South Beach: North & South, Portofino Tower, South Pointe Tower, Murano at Portofino, Yacht Club, Murano Grande and ICON South Beach. There were 129 sales in the condo index in 2009 vs. 153 in 2008, a drop of 16%.

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Miami Beach Real Estate: 3QT 2009 Stats for Condos in South of Fifth Neighborhood

This has been a very interesting year. I’ve said before that the SoFi neighborhood in South Beach has weathered the real estate storm like a champ. Our busiest time of the year begins with Art Basel at the beginning of December and continues well into June.

For the previous few years, the week of Art Basel has been incredible. Last year was the year of NO action; and it only got worse from there. While inventory languished on the market for the first half of the year, sellers seemed to hear the message. List prices dropped, and dropped fast.

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South Beach Real Estate: SoFi Condo Stats for 2QT 2009; Apogee Continues Reign; Price Declines and Huge Drops in Sales

Since starting this blog which, which seems like it’s been going on and on for years now, I was really excited to find out that I did a stats post for the EXACT same time period last year.  When doing stats, my goal is to not just give the numbers but to show what they […]

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Miami Beach Real Estate: South Beach Condo Stats for 1st QT 2009

Providing real estate stats for South Beach real estate, as you could guess, is not all that exciting.  I’ve had that stats for about a month now but haven’t posted them because I feel that providing the raw data WITHOUT insight is offering no service to my readers and my clients.  The last month has […]

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South Beach Real Estate Shock and Awe: SoFi Luxury Condo Sales Up 41.9% Over 2007

In my last post on real estate statistics for Miami Beach condos in South Beach, A LOT was revealed by comparing 2007 to 2008 data for condos in the South of 5th / SoFi neighborhood. And now, here’s more information from the Southeast Florida Regional MLS that indicates this area has performed amazingly, especially considering the […]

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Miami Beach Real Estate: 2008 South Beach Condo Market Index

Last year was very telling for Miami Beach real estate in terms of how the market actually performed versus how people think it performed.  Everyone has an opinion on where the market was, is, or where it’s going, but the current evidence speaks for itself. Read on, and you’ll find some surprises. As for the […]

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