Miami Beach, FL Real Estate – Market Summary

1835 W 27 Street

1835 W 27 Street

Market information from the Multiple Listing Service for single family homes for the month of January are as follows:

  1. Closed sales: 16.  2 short sales 2 REOs.  7 were cash sales, including the one for $3.86 million.
  2. Price range of closed sales: $3.86 million – $375,000
  3. Pending sales: 20. 3 short sales, 4 REOs
  4. Price range of pending sales: $2.950 million – $230,000
  5. Active listings: 316, 42 of which were listed in February.  18 short sales, 1 REO.  164 are waterfront
  6. Price range of active listings: $50 million – $199,000

Distressed sales are still making up the larger part of the market in terms of listings going to contract.  Based on the number of active listings, distressed sales make up about 8% of the market, but half of the closed sales.

What does this mean if you are a buyer? Based on the number of active listings to closed sales, there is still a lot of inventory to work through, so it is still a buyers market.  Once you narrow down your price range and specifications however, there won’t be as much to choose from, so use the statistics and market information to negotiate your price.  If the house you like is a regular sale and it is priced right, you won’t have as much room to negotiate as you will on one that is overpriced.  If you are going to make an offer on a short sale bring patience and realize that when the bank finally does answer, they may ask for more than what you offered, even if what you offered was the full asking price.

What does this mean if you are a seller? You have a lot of competition so price really does matter.  Look at the active sales that most closely match your home in terms of size, location, updates, lot size, amenities.  Consider pricing it 10-15% below your closest competition, make sure it has great curb appeal, and de-clutter and freshen up the inside with some elbow grease and a fresh coat of neutral paint.  The good news is that if your house is priced right compared to your competition, it will sell.

About The Author

Jennifer Wollmann

Comments

  1. clit sucking sex toys September 20th, 2018 at 2:41:03 pm

    Thanks a lot for the blog.Really thank you! Really Great.

  2. anal beads review September 20th, 2018 at 12:44:43 am

    Very informative article post.Really looking forward to read more. Keep writing.

  3. l'arque rechargeable massager September 15th, 2018 at 10:00:54 am

    Thank you ever so for you article.Much thanks again. Want more.

  4. the lido sarasota florida September 14th, 2018 at 5:56:21 am

    Major thankies for the blog post.Thanks Again. Want more.

    http://siestakeybeachside.bravesites.com

  5. Disability Attorney AZ September 14th, 2018 at 12:46:06 am

    I am so grateful for your post.Really thank you! Keep writing.

  6. back massager machine September 13th, 2018 at 4:06:50 pm

    I really liked your article.Thanks Again. Will read on…

  7. http://www.sunshinesolutions.net September 13th, 2018 at 12:33:36 pm

    I loved your blog article.Really looking forward to read more. Really Cool.

  8. www.naukrilinked.com/ September 11th, 2018 at 3:43:55 pm

    I am so grateful for your post.Much thanks again. Much obliged.

  9. Travel Agency "GALA" September 11th, 2018 at 12:42:29 am

    Muchos Gracias for your post.Really looking forward to read more. Keep writing.

  10. AWS Cloud Practitioner September 10th, 2018 at 1:21:23 am

    Great article.Much thanks again. Great.

  11. education guest post submission September 8th, 2018 at 3:23:01 am

    A round of applause for your post. Cool.

  12. partypoker September 6th, 2018 at 1:27:25 am

    I am so grateful for your article post.Really looking forward to read more. Fantastic.

  13. Go Here September 5th, 2018 at 5:49:22 am

    Really enjoyed this article post.Much thanks again. Cool.

  14. sex toys September 4th, 2018 at 6:30:13 am

    I think this is a real great blog post.Really thank you! Great.

  15. adam and eve charged finger September 3rd, 2018 at 6:29:21 am

    Awesome blog.Really looking forward to read more. Awesome.

  16. Empire Flooring September 3rd, 2018 at 1:26:04 am

    Very informative blog post.Really looking forward to read more. Much obliged.

  17. stay at home mom September 2nd, 2018 at 5:28:05 am

    Hey, thanks for the article post.Really looking forward to read more. Will read on…

  18. essential foot health on your own September 2nd, 2018 at 2:18:42 am

    wow, awesome blog post.Really thank you! Really Great.

  19. End Lease Cleaning Melbourne September 1st, 2018 at 5:39:31 pm

    Really enjoyed this blog post.Really looking forward to read more. Keep writing.

  20. End of Lease Cleaning September 1st, 2018 at 3:12:18 pm

    I appreciate you sharing this article post. Really Cool.

  21. c++ training london September 1st, 2018 at 1:18:49 am

    Muchos Gracias for your article.Thanks Again. Cool.

  22. relationships on your terms August 31st, 2018 at 2:06:52 pm

    This is one awesome blog. Want more.

  23. ליווי בנתניה August 31st, 2018 at 4:43:25 am

    I value the blog article.Much thanks again. Cool.

  24. Journey to self discovery August 29th, 2018 at 6:43:37 am

    A big thank you for your blog. Really Great.

  25. Toronto Escort August 29th, 2018 at 12:48:39 am

    Im grateful for the article post. Much obliged.

  26. End Of Lease Cleaning Australia August 28th, 2018 at 11:53:36 am

    Very neat post.Thanks Again. Will read on…

  27. After Tenancy Cleaning Prices August 28th, 2018 at 4:07:25 am

    Really enjoyed this article.Really looking forward to read more. Fantastic.

  28. Vacate Cleaning August 28th, 2018 at 12:48:30 am

    I truly appreciate this article post.Much thanks again. Really Great.

  29. Thanks-a-mundo for the post. Great.

  30. remote vibrator August 26th, 2018 at 2:05:54 pm

    This is one awesome post.Really thank you! Much obliged.

  31. Cheap loan without interest August 26th, 2018 at 9:05:23 am

    Thanks-a-mundo for the article.Really thank you! Really Cool.

  32. howtobuycoin com August 26th, 2018 at 5:05:32 am

    I cannot thank you enough for the blog article. Keep writing.

  33. Melbourne Bond Cleaning Reviews August 26th, 2018 at 2:16:43 am

    Enjoyed every bit of your post. Really Great.

  34. dmca August 24th, 2018 at 3:10:26 am

    Thanks for sharing, this is a fantastic article.Really looking forward to read more. Will read on…

  35. Howtobuycoin com August 23rd, 2018 at 11:17:49 am

    Im thankful for the blog post.Really thank you! Really Great.

  36. Bond Cleaning August 23rd, 2018 at 4:53:58 am

    Im thankful for the article.Really looking forward to read more. Really Great.

  37. clay erickson August 23rd, 2018 at 1:29:31 am

    I cannot thank you enough for the blog article.Really looking forward to read more. Really Cool.

  38. seo backlinks August 22nd, 2018 at 7:04:07 am

    I cannot thank you enough for the article.Really thank you! Great.

  39. http://www.privatelessons.co.in August 21st, 2018 at 11:45:16 am

    Great, thanks for sharing this blog.Really looking forward to read more.

  40. End Of Lease Jobs August 21st, 2018 at 1:41:44 am

    Thanks so much for the blog.Thanks Again.

  41. garmin fenix 5 bands August 20th, 2018 at 8:26:59 pm

    Major thanks for the blog post.Much thanks again. Really Cool.

  42. sex furniture August 20th, 2018 at 7:32:21 am

    Muchos Gracias for your article post.Really thank you! Really Cool.

  43. sex props August 19th, 2018 at 4:55:00 pm

    wow, awesome post.Thanks Again. Much obliged.

  44. anal sex dildo August 19th, 2018 at 3:07:11 am

    A big thank you for your article. Will read on…

  45. Бетсити August 18th, 2018 at 6:14:21 pm

    Thanks so much for the post. Really Cool.

  46. giant dildos August 18th, 2018 at 12:47:27 am

    Thanks again for the article.Really looking forward to read more. Really Great.

  47. rabbit rotating vibrator August 17th, 2018 at 5:03:17 pm

    “This website certainly has all the info I wanted concerning this subject and didn’t know who to ask.”

  48. CCTV packages August 17th, 2018 at 1:37:47 pm

    I really enjoy the article post.Much thanks again. Awesome.

  49. Empire Today August 17th, 2018 at 3:35:36 am

    “Thanks for the article.Thanks Again. Fantastic.”

  50. Naughty Rabbit August 17th, 2018 at 1:30:00 am

    I really enjoy the blog article. Great.

  51. Chuyen phat nhanh Hanoi Sai Gon tphcm August 16th, 2018 at 2:58:01 pm

    “Your style is so unique in comparison to other people I have read stuff from. Thank you for posting when you have the opportunity, Guess I will just book mark this web site.”

  52. bolivia trek August 13th, 2018 at 6:48:21 am

    Thanks for sharing, this is a fantastic blog article.Thanks Again. Cool.

Leave A Comment

Affiliates & Brokerages