Brickell Key Condo July 2013 Market Update

August 5th, 2013 Written By

Prices and Sale Price per Square Foot continue to climb year over year, but the number of sales in July 2013 is much smaller than in 2012.

Brickell Key July Update

Inventory of available condos on Brickell key is 110. Just one more than in June.

It seems that the number of sales in July are a direct relation to the number in June. June was double the previous year, and July is almost half. This is why we look at trends, because there are so many variables that can affect the numbers in a single month.

Average sale price per square foot continues to increase, reaching almost $500 per square foot. This number is interesting because it is the number that I have heard many people refer to when discussing the prices that developers are looking to achieve in the new buildings coming out of the ground in Brickell.

August will be interesting to watch because it seems that most of Miami is on vacation for at least a part of it.

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.

*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. 

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