Surfside Real Estate – August 2022 – monthly market report
How is the Surfside Real Estate Market Doing?
There are currently 30 Surfside homes for sale, compared to 13 in August of 2021:
- Highest priced listing is
$17,500,000$19,500,000$17,850,000 for the modern, 2009 home at 1236 Biscaya Dr with 6 bedrooms / 8 bathrooms, 7,675 Sq.Ft. on 15,000 Sq.Ft. lot with 75′ of water frontage ($2,280/Sq.Ft.$2,541/Sq.Ft.$2,326/Sq.Ft.) - Lowest priced listing is $1,190,000 for the 3 bedroom / 2 bathroom home, with 1,186 Sq.Ft., 5,600 Sq.Ft. lot at 8934 Harding Ave ($1011/Sq.Ft.)
- Pending Sales: 6 (homes with a sales contract that have not yet closed)
- Closed Sales in August: 4 (compared to 11 closings in August of 2021)
- Median Sales Price in August: $1,600,000 (compared to $1,080,000 in August of 2021)
What is the average price per square foot in Surfside?
The average sold price per square foot in Surfside in August for homes not on the water was $752, compared to $564 in August of 2021.
- July’s average $741
- June’s average $841
- May’s average $745
- April’s average $920
- March’s average $977
- February’s average $699
- January’s average $574
- 2021’s average of $502
- 2020’s average of $416
There were no waterfront homes sold in August this year and last year’s August average was $1,627. The average sold price per square foot in previous months are as follows:
- July’s average – no sales
- June’s average $2,687
- May’s average $3,639 (one sale)
- April’s average – no sales
- March’s average – no sales
- February’s average $1,981 (one sale)
- January’s average $967 (only one sale)
Surfside Real Estate Micro-Stats
Feel free to download our complete market report for the last 12 months, showing micro-stats for Real Estate Surfside.
- Balanced market with 6 months of inventory
- Most sold price ranges is between between $1-2 Million
- 50% of all purchases with CASH (no loan contingencies)
- 85.5% of all buyers bought as primary residence (to occupy the home)