Surfside Real Estate Trends Report: Comprehensive January 2024 Analysis
How is the Surfside Real Estate Market Doing?
There are currently 27 Surfside homes for sale, compared to 31 in January 2023:
- Highest priced listing is $7.95 Million for the 4 bedroom / 3 bathroom home located at 9450 Bay Dr, being marketed as land to build “waterfront home you’ve always envisioned”. The lot is 13,650 Sq.Ft. with 75′ of water frontage. ($3,078/Sq.Ft.)
- Lowest priced listing is $1,250,000 for the 2 bedroom / 2 bathroom home at 717 91st Street ($785/Sq.Ft.)
- Pending Sales: 2(homes with a sales contract that have not yet closed)
- Closed Sales in January 2024: 6 (compared to 3 in January 2023)
- Median Sales Price in January: $1,347,500 (compared to $1,465,000 in January of last year)
What is the average price per square foot in Surfside?
The average price per square foot for Surfside homes sold in January NOT on the water was $1,044, compared to $835 in January of 2023.
There was one waterfront home sold in Surfside in January and sold for $1,348/Sq.Ft., compared to no waterfront home sales in January of 2023.
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 it’s also the price range with least inventory.
- 66.7% of transactions are CASH
- 80% of all buyers bought as primary residence (to occupy the home)
- Buyers are not just domestic, but also from Venezuela.
- Seller contributions make up 11.4% of all sales (averaging $36,000)
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