Surfside Real Estate Trends: April 2023 Market Analysis and Insights

We prepare a Surfside Real Estate market report on a monthly basis and publish it on the second week of each month, reflecting data from the previous month. Contact us if you would like to receive this directly in your inbox and can unsubscribe any time.

How is the Surfside Real Estate Market Doing?

There are currently  30 Surfside homes for sale, compared to 18 in March of 2022:

  • Highest priced listing is $28 Million for the “under construction” home at 9250 Bay Drive with an anticipated completion date of Q2 2025, designed by Kobi Karp with 8 bedrooms / 8 bathrooms / 2 half baths, 10,016 Sq. Ft, 2,359 Sq. Ft. lot and 107′ of water frontage ($2,796/Sq.Ft.)
  • Lowest priced listing is $1,295,000 for the 3/2.5 at 9116 Abbott Ave ($859/Sq.Ft.)
  • Pending Sales: 5 (homes with a sales contract that have not yet closed)
  • Closed Sales in April: 3 (compared to 11 closings in April 2022)
  • Median Sales Price in April: $1.395 Million  (compared to $825,000 in April of 2022)

What is the average price per square foot in Surfside?

The average price per square foot for Surfside homes sold in April NOT on the water was $809, compared to  $920 in April of 2022. Previous averages are as follows:

There was one waterfront home sale in April in Surfside selling for $3,210/Sq.Ft., compared to no waterfront home sales in April of 2022. Previous averages as follows:

  • March’s average $1,997 (one sale)
  • February’s average $3,546 (one sale)
  • January’s average  – no waterfront sales

Leave a Reply