February 2013 Brickell Key Condo Market Update

March 8th, 2013 Written By

Asia Brickell Key PH Pool and View

Yesterday we published the February numbers for all of Brickell and we know many of our readers want to see Brickell Key broken out on it’s own. In so many ways Brickell Key really is it’s own Island and economy.   Where possible we’ve compared them with February 2012 to show trends.  Everything is up.  Really up!  Except Inventory and Average Days on the market with are both down.  The squeeze is on.  Have a look:

Brickell Key Market Update

The numbers speak for themselves.  The Brickell Key condo market is strong and gaining value every month.

The most expensive sale in February was $1,250,000 for a three bedroom two bath condo at Three Tequesta Point, 848 Brickell Key Drive..  The least expensive was a one bedroom for $199,999 at Isola, 770 Claughton Island Drive.

Currently there are 112 condos for sale on Brickell Key, down from 127 in January and they range in Price from a one bedroom for $199,999 at Isola, 770 Claughton Island Drive up to $9,000,000 for a Penthouse at Asia, Brickell Key’s newest building.  The PH has finishes that will knock your socks off, including a private pool.

Waiting in the wings are 51 Pending Sales.  This is an amazing number.  We’ll see how many of them close this month.  Look for the March numbers at the beginning of April.

We have the analysis for all individual buildings and would be happy to share them with you at your request.  Please let us know what you need.

Thinking of selling? Our business approach will ensure that you get the highest possible price.

In the market to buy?  We’ll get you access to any property that is available for sale and sometimes even some that are not, yet.

*Data provided by the SEF MLS

We know the numbers and track the Brickell real estate market.  If you would like to schedule a buyer or seller consultation, please feel free to contact us at 305-960-5317 or send us a note here. 

The Brickell Condo Blog is the most comprehensive online source for Brickell real estate information. Whether you are looking for the latest sales, trends or homes for sale in Miami’s Brickell neighborhood, Brickell Condo Blog has it all at your fingertips. Browse information regarding the upcoming new construction projects, luxury condos, waterfront condos, foreclosures plus much more.

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Don’t Miss Today’s News From Our Other Real Estate Blogs:

http://TheRealEstateCoconut.com

http://CoralGablesRealEstateVault.com

 

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