Surfside Real Estate Trends Report: Comprehensive August 2024 Analysis
How is the Surfside Real Estate Market Doing?
There are currently 27 Surfside homes for sale, compared to 31 in August of 2023:
- Highest priced listing is $15.2 Million for the new construction at 9056 Bay Dr (originally listed for $14.3 Million). This waterfront home with 51′ of water frontage, has 7 bedrooms / 7.5 bathrooms, 6,565 Sq.Ft. and sits on 9,250 Sq.Ft. lot ($2,315/Sq.Ft.)
- Lowest priced listing is $1,390,000 for the 3 bedroom / 3 bathroom home at 9032 Carlyle Ave with 1,312 Sq.Ft. and 5,600 Sq.Ft. lot ($1,059/Sq.Ft.)
- Pending Sales: 7 (homes with a sales contract that have not yet closed)
- Closed Sales in August: 4 (compared to 3 in August of 2023)
- Median Sales Price in August: $1,350,000 (compared to $1,375,000 in August of last year)
What is the average price per square foot in Surfside?
The average price per square foot for non-waterfront homes in Surfside in August was $749, compared to $732 in August of 2023. Previous averages as follows:
- July’s average – no sales
- June’s average $867
- May’s average $766
- April’s average $977
- March’s average $728
- February’s average $811
- January’s average $1,044
- 2023’s average of $829
- 2022’s average of $817
There was on waterfront home sold in Surfside in August and closed at $2,237/Sq.Ft., compared to no waterfront sales in August of last year. Previous averages as follows:
- July’s average – no waterfront sales
- June’s average – no waterfront sales
- May’s average $1,806 (one sale)
- April’s average – no waterfront sales
- March’s average $2,735 (one sale)
- February’s average $1,823 (one sale)
- January’s average $1,348 (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.
- Buyer’s market with 8 months of inventory
- Price range that moves is between $1-1.5 Million and most of the inventory is above $2 Million
- 71.4% of transactions are CASH
- 89.2% of all buyers bought as primary residence (to occupy the home)
- 5.4% of all sales had seller’s contributions averaging $17,000
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