Luxury Market Report Miami

☘ Having earned many top Real Estate industry respected Certifications and Designations through additional education and production requirements, Barry is also a CLHMS™ (Certified Luxury Home Marketing Specialist), Click Here to see how we can better help and serve you with higher end properties in the Luxury Home Market ☘

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Recent ILHM Luxury Market Report / updates for Miami; Southeast Florida

The Luxury Benchmark Price for Single Family Homes in Miami is currently: $900,000

The Luxury Benchmark Price for Condos (attached homes) in Miami is currently: $800,000

Please ask us for  copy of the full 5 page report for Miami and for other cities / market areas where you may have an interest. Below are the summaries for Miami; Southeast Florida.

MIAMI MARKET SUMMARY for SINGLE-FAMILY HOMES; January 2022

• The Miami single-family luxury market is a Seller's Market with a 35% Sales Ratio.

• Homes sold for a median of 95.74% of list price in December 2021.

• The most active price band is $9,900,000-$13,899,999, where the sales ratio is 70%.

• The median luxury sales price for single-family homes is $1,737,500.

• The median days on market for December 2021 was 35 days, down from 76 in December 2020.

MIAMI MARKET SUMMARY for ATTACHED HOMES (CONDOS) ; January 2022

• The Miami attached luxury market is a Balanced Market with an 18% Sales Ratio.

• Homes sold for a median of 96.13% of list price in December 2021.

• The most active price band is $800,000-$899,999, where the sales ratio is 38%.

• The median luxury sales price for attached homes is $1,295,000.

• The median days on market for December 2021 was 85 days, down from 256 in December 2020.

As a Member of The Institute for Luxury Home Marketing and CLHMS we have many additional tools to help Higher End Sellers and Buyers; in any location / marketplace.

The Institute's Luxury Market Report is your guide to luxury real estate data and trends for North America. Produced monthly, this report provides an in-depth look at the top residential markets across the United States and Canada. As an active member of The Institute, we receive exclusive access to a deep-dive report with analysis on all of the included markets.

text:  MIAMI LUXURY SINGLE FAMILY  to:  239-360-5527  ☘  for a list of Availble Luxury Single Family Homes

text:  MIAMI LUXURY CONDO  to:  239-360-5527  ☘  for a list of Availble Luxury Condos

☘ Here is a link to our Luxury Home Market Resource Page ☘

Also; please check out our other Custom Pages; Blogs, and tabs to many other informational Updates, Reports, Tools, and Links that we have here on our informational website: www.239RealEstateDeals.Com  

"We hope that you find the information useful.  If you have any questions, please do not hesitiate to contact Barry & Kim with the Hoey Team, 239RealEstateDeals.Com LLC  email us at: Barry@SWFLLuxury.Com  or KimZuponcic@Gmail.com or Call/Text the Hoey Team ☘ at:  (239)-360-5527 

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Thanks, Barry & Kim ☘

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