AshtonColeman

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We’ll be reviewing the latest  trends and comparing the luxury oceanfront market from the 1Q 2011 Condo Index to today’s updated 1Q 2012 Sunny Isles Condo Index including premier oceanfront towers such as  Turnberry Ocean Colony , Acqualina ,  JADE Ocean ,  JADE Beach ,  Trump Palace ,  Trump Royale ,  Ocean Four ,  Sayan ,  Trump Towers ,  Pinnacle  & Millennium . I’ve excluded condo hotel properties from this research including   Trump International Beach Resort ,  Merenas Resort ,  Ocean... Read Full Story

Hello friends and only 5 days until 2012! As KT would say, I am a ‘Realtor first and a blogger second’ so please forgive the delay in posting new local information. What we’re reviewing below is the Miami Beach condo sales & trends for 2011 compared to prior years. I plan on doing an updated Sunny Isles Beach condo index soon so stay tuned! Read Full Story

Sunny Isles Beach Luxury Condo Sales & Statistics A lot has changed with our local market since the last JADE update in 1Q 2011 as premier inventory diminishes. Sunny Isles Beach condo inventory has decreased to 780 total condos for sale and 68 closed sales in the last 30 days ( 11 month supply). Last year 184 oceanfront condos over $500k sold via MLS with an average selling price per square foot of $ 447 . So far in 2011, 653 Sunny Isles Beach condos have sold via MLS database with an... Read Full Story

In the midst of Miami summertime fun and things are somewhat quiet yet both foreign & domestic buyers are still in weekly scouting the good buys from lingering inventory. Speaking of condo inventory, we see it decreasing consistently showing us a 34 % (YTD) drop from July of 2010 and another 4 % over the prior month. Luxury condo towers such as Jade Ocean , Jade Beach , Ocean Four and Turnberry Ocean Colony are noticing only 2 to 3 condos for sale on the most desirable floor plans and to top... Read Full Story

We’ll be reviewing the latest  trends and comparing the luxury oceanfront market from the 3Q 2010 Sunny Isles Condo Index to today’s updated 2Q 2011 Sunny Isles Condo Index including premier oceanfront towers such as Turnberry Ocean Colony , Acqualina , JADE Ocean , JADE Beach , Trump Palace , Trump Royale , Ocean Four , Sayan , Trump Towers , Pinnacle & Millennium . I’ve excluded condo hotel properties from this research including   Trump International Beach Resort , Merenas Resort , Ocean... Read Full Story

South Beach record setting Apogee just sold the most desirable Miami Beach Penthouse at $ 11.5 Million and was slowly reduced 48 % from the original list price of $ 22 Million back in 2008. This sets a 2011 sales record of $ 1,678 per square foot while Sunny Isles Beach sold (auctioned) an  Acqualina condo for $ 3.630 M or $ 822 per square foot. Read Full Story

Sunny Isles Beach Luxury Condo Sales & Statistics A lot has changed with our local market since the last JADE update in 4Q 2010. Sunny Isles Beach condo inventory has decreased to 989 total condos for sale and 53 closed sales in the last 30 days (18 month supply). Last year 184 oceanfront condos over $500k sold via MLS with an average selling price per square foot of $ 447 . So far in 2011, 165 Sunny Isles Beach condos have sold via MLS database with an average sale price per square foot at... Read Full Story

The new year, new positive news plus an abundance of new buyers have figures on their way UP and  Miami Beach real estate sales are looking stronger than ever. Inventory has fallen as a steady confidence builds along the beaches while news sources such as the Miami Herald, CNBC & Wall Street Journal relay that now is the time to own (if not last year) for the record real estate lows along the Miami Beaches. Read Full Story

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