Market report, updated

Sunset Islands-Island No 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 77 days on average.

Average price, last 12 months

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

List · $13.9M Sold · $12.69M
$27M$20M$13M$6M
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 4 sales in Jan. Last month: 0.

Where the market stands

All homes in this report, by status.

12homes
Active3 · 25%
Under contract1 · 8%
Sold (12 mo)8 · 67%

Buyer's or seller's market?

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

6.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$29.75M
Under contract$9.25M
Sold$18.54M

Average days on market

Active68 days
Under contract69 days
Sold77 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 3
Average list price $29,750,000
Avg. days on market 68 days
Avg. price per ft² $6,664
Avg. living area 4,666 ft²
Avg. beds / baths 5.0 / 5.3

Price vs. living area

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

$60M$40M$20M$0

Price vs. living area: 3 homes plotted, up to $60M 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 3 homes in this status.

2312 Bay Avenue$9,054
1431 W 22nd Street$7,515
2520 Shelter Avenue$3,424

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1431 W 22nd StreetMiami Beach, FL 33140 433,260$24,500,000$7,5156 days
2312 Bay AvenueMiami Beach, FL 33140 564,970$45,000,000$9,05421 days
2520 Shelter AvenueMiami Beach, FL 33140 675,768$19,750,000$3,424177 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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