Surfside Real Estate Trends Report: Comprehensive June 2024 Analysis
How is the Surfside Real Estate Market Doing?
There are currently 34 Surfside homes for sale, compared to 30 in June of 2023:
- Highest priced listing is
$21,750,000$19,900,000 for the new construction at 9208 Bay Dr with 8 bedrooms / 9.5 bathrooms, 9,008 Sq.Ft, on a 15,029 Sq.Ft. lot with 60′ of water frontage ($2,415/Sq.Ft. $2,209/Sq.Ft.) - Lowest priced listing is $1,450,000 for a 2 bedroom / 2 bathroom home, with 1 bedroom / 1 bathroom guest house, located at 8836 Harding Ave, with 1,706 Sq.Ft. ($850/Sq.Ft.)
- Pending Sales: 3 (homes with a sales contract that have not yet closed)
- Closed Sales in June 2024: 4 (compared to 5 in June of 2023)
- Median Sales Price in June: $1,425,000 (compared to $1,430,000 Million in June of last year)
What is the average price per square foot in Surfside?
The average price per square foot for Surfside homes sold in May NOT on the water was $867, compared to $827 in June of 2023. Previous averages as follows:
- 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 were no Surfside waterfront homes sold in June of this year or last year. Previous averages as follows:
- 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 9 months of inventory
- Price range that moves is between $1-1.5 Million and most of the inventory is above $2 Million
- 73.5% of transactions are CASH
- 88.9% of all buyers bought as primary residence (to occupy the home)
- Seller contributions make up 8.3% of all sales (averaging $15,000)
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