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Park Residences 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 92.6% of list price in 112 days on average.

Average price, last 12 months

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

List · $1.49M Sold · $1.36M
$3.7M$2.9M$2.1M$1.3M
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

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

Where the market stands

All homes in this report, by status.

8homes
Active4 · 50%
Under contract1 · 12%
Sold (12 mo)3 · 38%

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$4.09M
Under contract$908K
Sold$2.7M

Average days on market

Active124 days
Under contract120 days
Sold112 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 $4,095,000
Avg. days on market 124 days
Avg. price per ft² $2,079
Avg. living area 1,673 ft²
Avg. beds / baths 2.0 / 3.0

Price vs. living area

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

$15M$10M$5M$0

Price vs. living area: 4 homes plotted, up to $15M and 6,000 ft².

0 ft²2,0004,0006,000 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.

500 Alton Road Unit 2318$2,982
500 Alton Road Unit 2402$2,257
500 Alton Road Unit 802$1,981
500 Alton Road Unit 506$1,099

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
500 Alton Road Unit 506Miami Beach, FL 33139 12846$930,000$1,09950 days
500 Alton Road Unit 2318Miami Beach, FL 33139 453,520$10,500,000$2,98260 days
500 Alton Road Unit 2402Miami Beach, FL 33139 231,218$2,750,000$2,257221 days
500 Alton Road Unit 802Miami Beach, FL 33139 121,110$2,200,000$1,981167 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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