Surfside Real Estate Trends: June 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 at any time.
How is the Surfside Real Estate Market Doing?
There are currently 30 Surfside homes for sale, compared to 22 in June of 2022:
- Highest priced listing is $25 Million for the 7 bedroom / 9.5 bathroom new construction home with 8,960 Sq.Ft. of living space, on 15,029 Sq.Ft. lot with 60′ of water frontage ($2,790/Sq.Ft.)
- Lowest priced listing is $1,100,000 for the 4 bedroom / 2 bathroom fixer upper at 9024 Abbott Ave ($586/Sq.Ft.)
- Pending Sales: 7 (homes with a sales contract that have not yet closed)
- Closed Sales in June: 5 (compared to 6 in June of 2022)
- Median Sales Price in June: $1.43 Million (compared to $1.735 Million in June of 2022)
What is the average price per square foot in Surfside?
The average price per square foot for Surfside homes sold in June NOT on the water was $827, compared to $841 in June of 2022. Previous averages are as follows:
- May’s average $825
- April’s average $809
- March’s average $965
- February’s average – no sales
- January’s average $835
- 2022’s average of $817
- 2021’s average of $502
There were no waterfront home sales in June in Surfside, compared to $2,687 per square foot in June of 2022. Previous averages as follows:
- May’s average – no waterfront sales
- April’s average $3,210 (one sale)
- March’s average $1,997 (one sale)
- February’s average $3,546 (one sale)
- January’s average – no waterfront sales
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.
- Buyer’s market with 11 months of inventory
- Price range that moves is between $1-1.5 Million and above $2 Million
- 82.4% of all buyers bought as primary residence (to occupy the home)
- Buyers are not just domestic, but also from Canada and France.