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Brickell Condo Report for 1st Quarter 2018

Brickell Condo Report for 1st Quarter 2018Real estate market data for BRICKELL - Greater Miami Condominium Sales. The Miami River to Interstate 95 to the Rickenbacker Causeway presented by Philippe Diener - Source BHS Quarterly Reports

Brickell Condo Prices
For the first quarter of 2018, Brickell’s condominium market presented minimal price movement with mixed price trends, exhibiting a marginal decrease of 2.3% in average sales price at $472,705 and an increase of 3.5% in median sales price at $370,000 compared to last year’s quarter (Q1 2017). There were 189 sales, up 6.2% from the year-ago quarter (Q1 2017) with a modest 0.1% increase in new listings (new properties offered for sale in the market). The absorption rate (the number of months at which homes sell at the current sale rate) dropped .9 months due to a higher increase in sales than new listings.
If you are considering buying a condo you can still find deals on a residence within the Brickell area but having a good real esta…

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