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Surfside Real Estate - monthly market report - April 2021

How is the Real Estate Surfside Market Doing?

There are currently 15 Surfside homes for sale (compared to 16 last month):

  • Highest priced listing:  $5 Million - 3/2 waterfront fixer upper with 15,075 SF lot and 75' of water frontage, located at 600 88th Street. Increased from $4 Million ($1,776/SF)

  • Lowest priced listing: $575,000 for the 3/2 at 8918 Harding Ave ($394/SF)

  • Pending Sales: 15 (homes with a sales contract that have not yet closed)

  • Closed Sales in April: 9 (compared to 12 in March)

  • Median Sales Price in April: $825,000

DOWNLOAD MIAMISM 3D MARKET ANALYZER REPORT

What sold in Surfside last month?

For a list of all properties sold in April and Houses for Sale Surfside, please email us at Surfside@miamism.com

DOWNLOAD MIAMISM 3D MARKET ANALYZER REPORT

What is the average price per square foot in Surfside?

The average sold price per square foot in Surfside in April for homes not on the water was $511, compared to:

There were no waterfront homes sold in April in Surfside, the average sold price per square foot in previous months was:

  • March's average - $1000
  • February's average - $829
  • January's average - $809
  • 2020's average of $689 (only 6 sales)

DOWNLOAD MIAMISM 3D MARKET ANALYZER REPORT

Top 3 Surfside Sales in April (by square footage)

  • 9181 Carlyle Ave - brand new construction with 4 bedrooms / 3 bathrooms, 2,800 SF on 5,600 SF lot. It was listed for $1,995,000 in January of 2020 and sold for $1.75 Million ($625/SF) ** cash transaction
  • 9016 Carlyle Ave - 1941 remodeled home with 3 bedrooms / 2 bathrooms, 1,681 SF on 5,600 SF lot. Listed for $939,000 in March and sold for $890,000 ($597/SF) **cash transaction
  • 8934 Harding Ave - 1935 remodeled home with 3 bedrooms / 2 bathrooms, 1,206 SF on 5,600 SF lot. Listed for $685,000 in February and sold for $685,000 ($578/SF)

DOWNLOAD MIAMISM 3D MARKET ANALYZER REPORT

Real Estate Surfside Opinion

We provide a comprehensive 3D market report with in-depth data from the last 12 months that you can download HERE.

Some key points you should know:

  • Aggressive Seller's Market with 2 months of inventory
  • Average Sales Price continues to increase and is currently $1.1 Million
  • Average Discount is 6%
  • Sweet spot in sales are homes priced between $700,000 - $800,000
  • 52.6% of all deals are CASH
  • 69.5% of buyers are primary residents

DOWNLOAD MIAMISM 3D MARKET ANALYZER REPORT

We have buyers actively looking in Surfside right now.  If you are considering selling your home, please contact us ASAP!


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