Belle Meade Real Estate - monthly market report - Jan 2021

How is the Belle Meade Real Estate Market Doing?

There are currently 5 homes for sale in Belle Meade:

Highest priced listing $19.5 Million for the huge open bay property with 480′ of water frontage and 29,452 SF of land which includes 7301 and 7305 Belle Meade Island Dr

Lowest priced listing is $855,000 for the 3/2 home at 960 NE 74th St with 1,528 SF and 7,080 SF lot ($560/SF)

For a list of all properties sold in January, please email us at BelleMeade@miamism.com

The average sold price per square foot in Belle Meade waterfront homes in January was $790 compared to:

The average sold price per square foot in Belle Meade for homes not on the water in January was $471 compared to:

New construction on the water at 885 NE 76th Street with 4 bedrooms / 4.5 bathrooms, 4,279 SF on 9,150 SF lot with 61′ of water frontage. This home was listed for $3.595 Million in July of 2020 and sold for $3.35 ($783/SF)
New construction on the water (same builder as property above) – at 875 NE 76 St with 5 bedrooms / 4.5 bathrooms, 4,141 SF on 9,150 SF lot with 61′ of water frontage. This home was listed for $3.495 Million in July of 2020 and sold for $3.3 Million ($797/SF) with $150,000 seller’s contribution.
Non-waterfront home at 901 NE 73 St with 4 bedrooms / 3 bathrooms, 1,804 SF on 10,620 SF lot. It was listed for $895,000 in August of 2020 (MLS shows a contract that fell through), relisted for $950,000 and sold for $825,000 ($457/SF)

We provide a comprehensive 3D market report with in-depth data from the last 12 months that you can download HERE.

Some key points you should know: