Miamism Blog

You are here

Surfside Real Estate Market Report - January 2018

Ines Hegedus-Garcia
ines@miamism.com

Surfside Real Estate Market Report - January 2018

There are currently 45 Surfside homes for sale: (compared to 39 in November).

  • Highest priced listing:  $4,600,000 (1249 Biscaya Dr- see below)

  • Lowest priced listing: $574,018 (9049 Froude Av - see below)

  • Pending Sales: 0

  • Closed Sales in January: 0

  • Median Sales Price in January - no data

There were no Surfside homes sold in January, which is extremely unusual based on the fact that January is a hot month for all of South Florida.  Please take a look at the average price per square foot in the past few years in Surfside for homes not on the water:

Year Price per SF
2017 $382/SF
2016 $377/SF
2015 $350/SF
2014 $324/SF
2013 $270/SF
2012 $233/SF
2011 $193/SF

Too see last year's stats, please click HERE

Inventory has increased a bit and movement remains slow in Surfside.  This is actually a very positive sign for the neighborhood because it means people love living in Surfside and there's not a lot of turnover.  We will need to keep a close eye on Surfside for the next few months to make sure it doesn't become a stagnant market, this could also be a sign that the market is topped off.  Stay tuned!

Our Surfside REAL-TIME market reports show that The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing. To see our real-time market reports, please visit MiamismTrends.com or Click HERE.

Contact us for a no-obligation consultation to give you an idea what your home could sell for or go to MiamismVALUE.com to make your request.

Surfside Home of The Month

The Miamism Sales Team recommends the charming, 1937 home at 8911 Byron Ave. Rare features for Surfside with 4 bedrooms, 3 bathrooms and almost 2,000 SF of living space on an average 5,600 SF lot.  Features include vaulted and arched ceilings, beautiful pool, hard-wood floors, and remodeled kitchen and bathrooms.

It's offered for $858,000 ($438/SF)

Please contact us for additional information or to schedule a showing appointment for this and any other Surfside home.

 


Recent Posts

How is The Belle Meade Real Estate Market Doing? There are currently 26 single-family homes for sale (compared to 24 last month) Highest priced listing is $8,450,000 for the modern, open bay, new construction at 7311 Belle... more

Getting a different perspective is what @JohnnyMeant is all about! I think this amazing photographer spends more time in the air than on land and his photos will lift you to a different dimension. Here's a shot of Brickell... more

UPDATE:  This lot is now priced at $19,440,000 (that's over a $4.5 Million reduction from when it was originally listed in November of 2016) And obviously, if you're not into Bofill, you can build your own amazing home with... more

How is the Keystone Point Real Estate Market Doing? There are currently 48 Keystone Point homes for sale: (compared to 50 in July) Highest priced listing: $4,999,999 for the home at 13050 Biscayne Island Terrace Lowest... more

Our Twitter

What is the Value of my Home?

Obtain a free personalized home pricing report.