Planning on purchasing or selling a Brickell condo any time soon? Do you want to keep yourself updated with the latest market trends in the neighborhood?
Visit this page regularly for Brickell Condo Real Estate’s quarterly market reports, featuring up-to-date information to help you buy, sell, or rent your Brickell condo.
Your Guide to the Brickell Condo Market
Brickell Condo Real Estate’s quarterly market reports are designed with you in mind. Taking into account how the whole neighborhood performed over the specific time period, these market reports present accurate information, regularly updated to reflect the latest shifts in the Brickell condo market.
The information you’ll get from the market reports include:
Median sales price. The median sales price represents the “middle” sales price in the Brickell condo market. As a buyer, it allows you set your expectations on home prices in the neighborhood. As a seller, you can use the median sales price as your benchmark in determining your property’s list price.
Median price per square foot. As with the median sales price, the figure for the median price per square foot depicts the middle ground of prices per square foot in the Brickell condo market. This is a good indicator of whether the market is considered “hot” and sought-after. This figure can also be compared to that of other properties in the neighborhood, letting you know if it is reasonably or overpriced.
Number of sales. Learn how many properties were successfully sold in the area over the given quarter.
Days on the market. Before Brickell condos were sold, they spent some time in the market. This figure represents the median number of days properties spent in the market before they were sold.
Price range. Condos in the Brickell condo were sold at this range during the course of the quarter.
Year-on-year comparison. Learn how the Brickell condo market fared during the same quarter the previous year. This figure is an indicator of the market’s annual performance.
The Brickell condo market is the most competitive in Miami real estate. Stay updated by regularly checking this page for the latest market report.
Consult with Brickell Condo Real Estate today at info(at)brickellcondorealestate(dotted)com or 610.428.3913 for more insight about the Brickell condo market.