Fisher Island Housing Market Report for March 2013

Fisher Island Real Estate Market Report

There are currently  67  Fisher Island Condos for sale: (5 less than last month)

• Highest priced listing: $15,000,000 for an exclusive Oceanside 7/7/1
• Lowest priced listing: $170,000 for a 1 bedroom / 1 bathroom at Marina Village
• Pending Sales: 14 (4 more than last month)
• Closed sales in March: 4 (3 more than last month)

The Fisher Island Condos sold in March were the following:

• 5383 Fisher Island Dr – Bayview at Fisher Island Condo listed for $6.4 Million and selling for $6.4 Million
• 5123  Fisher Island Dr – Bayview foreclosure listed for $1,996,900  and selling for $2,255,000.
• 7735 Fisher Island Dr – Oceanside  short sale listed for $1,950,000 and selling for $1,593,000
• 2415 Fisher Island Dr – Bayside Village condo listed for $1,200,000 and selling for $1,100,000

Inventory continues to decrease for Fisher Island Condos and we are seeing more sales.  The median listing price in Fisher Island right now is $2.95 Million and  there is only 1 distressed property for sale which is the short sale at 40303 Fisher Island Dr for $330,000 (Marina Village Gardens).  Fisher Island continues to be the epitome of luxury living with unparalleled privacy and exclusivity.

Click here to search for Fisher Island homes for sale

**all information obtained from the Southeast Florida Multiple Listing Service**