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Lexcellence Condo Home Values and Market Report

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Report prepared by Savenowrealty.com Save Now Realty

Market at a glance

Over the last 12 months, homes sold for 88.6% of list price in 109 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $1.5M Sold · $1.1M
$1.7M$1.3M$900K$500K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 2 sales in Jun. Last month: 0.

Where the market stands

All homes in this report, by status.

8homes
Active4 · 50%
Sold (12 mo)4 · 50%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

8.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$1.01M
Sold$1.02M

Average days on market

Active137 days
Sold109 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 4
Average list price $1,008,499
Avg. days on market 137 days
Avg. price per ft² $619
Avg. living area 1,590 ft²
Avg. beds / baths 2.2 / 2.2

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$1.5M$1M$500K$0

Price vs. living area: 4 homes plotted, up to $1.5M and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 4 homes in this status.

5757 Collins Avenue Unit 1005$750
5757 Collins Avenue Unit 504$728
5757 Collins Avenue Unit 1604$595
5757 Collins Avenue Unit 703$404

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
5757 Collins Avenue Unit 1005Miami Beach, FL 33140 331,980$1,485,000$75012 days
5757 Collins Avenue Unit 1604Miami Beach, FL 33140 221,510$899,000$595131 days
5757 Collins Avenue Unit 504Miami Beach, FL 33140 221,510$1,100,000$728291 days
5757 Collins Avenue Unit 703Miami Beach, FL 33140 221,360$549,999$404114 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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Next steps

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