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Feb
11

Bay Harbor Islands Housing Market Report for January 2013

By: Ines Hegedus-Garcia on February 11, 2013

Bay Harbor Islands Real Estate Market Report

There are currently 12 Bay Harbor Island Homes for sale:

  • Highest priced listings is for $4,700,000 (9530 W Broadview Dr)

  • Lowest priced listing is $450,000 (9970 E Bay Harbor Dr)
  • Pending Sales (properties under contract): 1
  • Closed sales in January: 1

The sold Bay Harbor Island home in January was a new construction home on a dry lot, located at 1210 95th Street. It was built in 2008 with almost 4,000 sf of living space, a 10,000 sf lot, and 4 bedrooms / 4 bathrooms.  The home had been originally listed for $2,190,000 in August on 2008 and rented, was then lowered to $1,729,000 in November of 2012 and sold for $1,650,000 last month.

There were 9 Bay Harbor Island Homes sold in 2012 with a median sales price of $1,125,000 and average price per square foot of  $366. January’s sale was at $420 per square foot which is way above the average price  and definitely a good move by the seller. Bay Harbor Island’s sales have been slow and in-between, but it only strengthens the fact that the area is desirable and little for sale inventory is always good.

Click here to search for Bay Harbor Islands homes for sale

Do you want to buy or sell your Miami Condo or Home? Contact Ines Hegedus-Garcia for Team Miamism. We pride ourselves in top customer service and have become a go-to source for the media when it comes to Miami and Miami Beach real estate market knowledge. And we answer our phone!

Call Ines: 305-206-9366

Email: info@miamism.com

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