Market report, updated

The Palace Condo Home Values and Market Report

Search in the subdivision of The Palace Condo

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Report prepared by Savenowrealty.com Save Now Realty

Market at a glance

Over the last 12 months, homes sold for 93.5% of list price in 153 days on average.

Average price, last 12 months

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

List · $725K Sold · $601K
$1.5M$1.2M$900K$600K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 3 sales in Apr. Last month: 0.

Where the market stands

All homes in this report, by status.

14homes
Active5 · 36%
Under contract1 · 7%
Sold (12 mo)8 · 57%

Buyer's or seller's market?

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

10.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$807K
Under contract$1.05M
Sold$876K

Average days on market

Active135 days
Under contract40 days
Sold153 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 5
Average list price $807,200
Avg. days on market 135 days
Avg. price per ft² $635
Avg. living area 1,310 ft²
Avg. beds / baths 2.0 / 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: 5 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.

1 home didn’t report bedrooms and isn’t shown.

Highest price per ft²

Top 5 homes in this status.

1541 Brickell Avenue Unit C349$769
1541 Brickell Avenue Unit C1607$669
1541 Brickell Avenue Unit B3403$618
1541 Brickell Avenue Unit A-1902$607
1541 Brickell Avenue Unit C406$514

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1541 Brickell Avenue Unit B3403Miami, FL 33129 221,640$1,015,000$61863 days
1541 Brickell Avenue Unit C349Miami, FL 33129 ——65$50,000$76967 days
1541 Brickell Avenue Unit A-1902Miami, FL 33129 221,640$997,000$60729 days
1541 Brickell Avenue Unit C406Miami, FL 33129 121,117$575,000$514347 days
1541 Brickell Avenue Unit C1607Miami, FL 33129 332,089$1,399,000$669168 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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