Douglas Elliman’s Q2 2018 Miami Mainland & Miami Beach Market Reports

 
Douglas Elliman has just released the second quarter 2018 Elliman Reports for Miami Coastal Mainland and Miami Beach & Barrier Islands. Produced in conjunction with Miller Samuel to provide you with the most comprehensive and objective market insight available, the Douglas Elliman Reports are recognized as the industry standard for providing the state of the residential real estate market, which includes an extensive suite of tools to help readers objectively identify and measure market trends, provide historical context to current information and provide comprehensive analysis of the results.

Download Douglas Elliman’s Q2 2018 Market Reports:

Q2 2018 Miami Coastal Mainland Market Report

Q2 2018 Miami Beach & Barrier Islands Market Report


Miami Coastal Mainland Q2 2018 Sales Highlights

“Rising prices and an uptick at the upper end of the market.” 

  • Median sales price rose 6.7% to $320,000 from the year-ago quarter, the 15th consecutive quarterly increase.
  • The number of sales for the region slipped nominally by 0.3% to 4,191 units, 9.1% above the 5-year quarterly average of 3,843 units.
  • Inventory edged up 2.7% to 11,184 listings over the same period, consistent with the 5-year quarterly average of 11,152 listings.

DOWNLOAD: Douglas Elliman’s Q2 2018 Miami Coastal Mainland Market Report Highlights

*Please note that Miami Coastal Mainland includes Aventura, Brickell, Coconut Grove, Coral Gables, Downtown Miami, Palmetto Bay, Pinecrest and South Miami.


Miami Beach & Barrier Islands Q2 2018 Sales Highlights

“More overall sales activity with a lower rate of inventory growth and a shift towards larger luxury units.”

  • There were 1,025 sales in the quarter, up 10.7% from the year-ago quarter. Condo sales showed higher sales growth with an expansion of market share of 3, 4 and 5-bedroom units as well as an 8.6% rise in average sales square footage.
  • Overall growth was 3.9% to 6,319 listings over the same period. The combination of rising sales and falling supply resulted in a slightly faster market pace.
  • Overall median sales price rose 7% to $438,000, and the average sales price jumped 15.8% to $1,098,024 respectively from the prior-year quarter.

DOWNLOAD: Douglas Elliman’s Q2 2018 Miami Beach & Barrier Islands Market Report Highlights

*Please note that Miami Beach & Barrier Islands includes Bal Harbour, Bay Harbor Islands, Fisher Island, Key Biscayne, Miami Beach Islands, Mid-Beach, North Bay Village, North Beach, South Beach, Sunny Isles Beach and Surfside.


If you, or someone you know, are interested in purchasing real estate in Miami or Miami Beach, please contact Michael Light, Broker Associate at Douglas Elliman Real Estate and Founder/Owner of the Miami Luxury Homes Group. You may reach me directly at my office at (305) 350-9842, on my cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.

Douglas Elliman’s Q1 2018 Miami Mainland & Miami Beach Market Reports

 
Douglas Elliman has just released the first quarter 2018 Elliman Reports for Miami Coastal Mainland and Miami Beach & Barrier Islands. Produced in conjunction with Miller Samuel to provide you with the most comprehensive and objective market insight available, the Douglas Elliman Reports are recognized as the industry standard for providing the state of the residential real estate market, which includes an extensive suite of tools to help readers objectively identify and measure market trends, provide historical context to current information and provide comprehensive analysis of the results.

Download Douglas Elliman’s Q1 2018 Market Reports:

Q1 2018 Miami Coastal Mainland Market Report

Q1 2018 Miami Beach & Barrier Islands Market Report


Miami Coastal Mainland Q1 2018 Sales Highlights

“The pattern of rising prices, with both sliding sales and rising inventory, continued.” 

  • Median sales price rose 6% to $309,999 from the year-ago level and the highest result in at least 5 years.
  • This also represents the 14th consecutive quarter with a year-over-year increase in median sales price.
  • Listing inventory rose 12.5% to 11,459 and sales slipped 3.8% to 3,355 respectively from the prior year quarter, helping to slow the pace of the market.
  • Despite the decline in closed sales, the number of pending sales rose 7.2% and new pending sales, those signed in the 1st quarter, surged 23.3% and will likely close in the following quarter.

DOWNLOAD: Douglas Elliman’s Q1 2018 Miami Coastal Mainland Market Report Highlights

*Please note that Miami Coastal Mainland includes Aventura, Brickell, Coconut Grove, Coral Gables, Downtown Miami, Palmetto Bay, Pinecrest and South Miami.


Miami Beach & Barrier Islands Q1 2018 Sales Highlights

“Rising prices, more inventory with fewer closed sales but surging contract volume.”

  • The median sales price for condos and single-family home sales rose 11.7% to $430,000 from the prior year quarter, the 3rd consecutive quarter with rising prices.
  • There were 788 sales to close in the quarter, down 3.3% over the same period. However, pending sales rose 22.5% to 518 and new pending sales, those that were signed in the 1st quarter, surged 54% to 385 respectively from the same period last year.
  • Listing inventory rose 9.4% to 6,748 over the same period resulting in a slower market pace. The absorption rate, the number of months to sell all inventory at the current rate of sales, expanded 13.2% to 25.7 months from 22.7 months in the prior-year quarter.

DOWNLOAD: Douglas Elliman’s Q1 2018 Miami Coastal Mainland Market Report Highlights

*Please note that Miami Beach & Barrier Islands includes Bal Harbour, Bay Harbor Islands, Fisher Island, Key Biscayne, Miami Beach Islands, Mid-Beach, North Bay Village, North Beach, South Beach, Sunny Isles Beach and Surfside.


If you, or someone you know, are interested in purchasing real estate in Miami or Miami Beach, please contact Michael Light, Broker Associate at Douglas Elliman and Founder/Owner of Miami Luxury Homes. You may reach me directly at my office at (305) 350-9842, on my cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.

Douglas Elliman’s Q4 2017 Miami Mainland & Miami Beach Market Reports

 
Douglas Elliman has just released the fourth quarter 2017 Elliman Reports for Miami Coastal Mainland and Miami Beach & Barrier Islands. Produced in conjunction with Miller Samuel to provide you with the most comprehensive and neutral market insight available, the Douglas Elliman Reports are recognized as the industry standard for providing the state of the residential real estate market, which includes an extensive suite of tools to help readers objectively identify and measure market trends, provide historical context to current information and provide comprehensive analysis of the results.

DOWNLOAD DOUGLAS ELLIMAN’S Q4 2017 MARKET REPORTS:

Q4 2017 Miami Coastal Mainland Market Report

Q4 2017 Miami Beach & Barrier Islands Market Report


Miami Coastal Mainland Q4 2017 Sales Highlights

“Rising prices, falling inventory with lower sales levels as distressed activity declined rapidly.” 

  • Median sales price rose 6% to $302,050, and average sales price increased 6.8% to $415,219 respectively over the same period.
  • Listing inventory slipped 7% to 9,988 from the year-ago quarter, the 6th consecutive decline.
  • The number of sales declined 10.2% to 3,180 from the prior-year quarter. The number of distressed sales fell 41.7% as the number of non-distressed sales slipped 4.9% over the same period.

DOWNLOAD: Douglas Elliman’s Q4 2017 Miami Coastal Mainland Market Report Highlights

*Please note that Miami Coastal Mainland includes Aventura, Brickell, Coconut Grove, Coral Gables, Downtown Miami, Palmetto Bay, Pinecrest and South Miami.


Miami Beach & Barrier Islands Q4 2017 Sales Highlights

“The market is rebounded strongly after Hurricane Irma’s impact last fall.”

  • There were 757 sales to close in the 4th quarter, up 14.2% from the prior year quarter and the 3rd quarterly rise in 2017. New pending sales, defined as contracts signed within this quarter, surged 16.1% as the year ended with an uptick in activity.
  • Listing inventory rose 6.7% to 6,422 over the same period, outpaced by the rise in sales.
  • Median sales price rose 2.8% to $406,000, and average sales price increased 2.3% to $885,612 respectively from the prior-year quarter.

DOWNLOAD: Douglas Elliman’s Q4 2017 Miami Beach & Barrier Islands Market Report Highlights

*Please note that Miami Beach & Barrier Islands includes Bal Harbour, Bay Harbor Islands, Fisher Island, Key Biscayne, Miami Beach Islands, Mid-Beach, North Bay Village, North Beach, South Beach, Sunny Isles Beach and Surfside.


If you, or someone you know, are interested in purchasing real estate in Miami or Miami Beach, please contact Michael Light, Broker Associate at Douglas Elliman and Founder/Owner of Miami Luxury Homes. You may reach me directly at my office at (305) 350-9842, on my cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.

Douglas Elliman’s Q3 2017 Miami Mainland & Miami Beach Market Reports

 
Douglas Elliman has just released the third quarter 2017 Elliman Reports for Miami Coastal Mainland and Miami Beach & Barrier Islands, which are the leading resources on the state of these real estate markets. As always, the Douglas Elliman Market Reports are produced in conjunction with Miller Samuel to provide you with the most comprehensive and neutral market insight available.

DOWNLOAD DOUGLAS ELLIMAN’S Q3 2017 MARKET REPORTS:

DOUGLAS ELLIMAN’S Q3 2017 Miami Coastal Mainland Market Report

DOUGLAS ELLIMAN’S Q3 2017 Miami Beach & Barrier Islands Market Report


Miami Coastal Mainland Q3 2017 Sales Highlights

  • Median sales price rose 5.4% to $300,500, and average sales price increased 4.2% to $408,405 respectively from the same quarter last year.
  • The number of sales declined due to the disruption in closings in the aftermath of Hurricane Irma pushing closing schedule for the last two weeks of the quarter into the subsequent quarter.
  • The number of sales declined 11.8% to 3,482 from the prior year quarter.
  • The overall absorption rate, defined as the number of months to sell all inventory at the current rate of sales, rose to 8.9 months from 8.2 months in the prior year quarter.
  • Days on market, the number of days between the last list price change, if any, to the contract date was 76 days, 27 days faster than the same period last year.
  • Listing discount, the percentage difference from the listing price at time of contract and the contract price edged up to 5.4% from 5.2% in the year ago quarter.
  • The market share of non-cash sales continued to rise, up to 61% of all sales from 39.4% in early 2013.

*Please note that Miami Coastal Mainland includes Aventura, Brickell, Coconut Grove, Coral Gables, Downtown Miami, Palmetto Bay, Pinecrest and South Miami.


Miami Beach & Barrier Islands Q3 2017 Sales Highlights

  • Median sales price expanded 4.2% to $400,000 and average sales price was unchanged at $868,404 respectively from the prior year quarter.
  • Listing inventory rose 1.4% to 5,895 over the same period and was the lowest gain in more than 3 years.
  • After the gains of the prior 2 quarters, a disruption in sales closing in aftermath of Hurricane Irma – with 2 weeks left in the quarter – pushed sales into the 4th quarter. This shift had the effect of slowing the stated pace of the market from how it actually performed.
  • The absorption rate, the number of months to sell all inventory at the current rate of sales, edged up nominally to 25.6 months from 22.3 months in the prior year quarter.
  • Distressed sales continued to evaporate from the market, accounting for only 3.5% of all sales.
  • The improvement in the market conditions was consistent with increase in market share of non-cash purchases, now at 37.1%, up from 22.3% in 2013.

*Please note that Miami Beach & Barrier Islands includes Bal Harbour, Bay Harbor Islands, Fisher Island, Key Biscayne, Miami Beach Islands, Mid-Beach, North Bay Village, North Beach, South Beach, Sunny Isles Beach and Surfside.


If you, or someone you know, are interested in purchasing real estate in Miami or Miami Beach, please contact Michael Light, broker associate and Founder/Owner of the Miami Luxury Homes Group at Douglas Elliman. You may reach me directly at my office at (305) 350-9842, on my cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.

Douglas Elliman’s Q2 2017 Miami Mainland & Miami Beach Market Reports

 
Douglas Elliman has just released the second quarter 2017 Elliman Reports for Miami Coastal Mainland and Miami Beach & Barrier Islands, which are the leading resources on the state of these real estate markets. As always, the Douglas Elliman Market Reports are produced in conjunction with Miller Samuel to provide you with the most comprehensive and neutral market insight available.

During the second quarter, the overall sales in Miami Beach and Barrier Islands increased year-over-year for the second consecutive quarter after 3 years of declines. Regarding the combination of sales and prices, South Beach condos were one of the strongest submarkets. In the Miami Coastal Mainland, median sales price for the overall market as well as the condo and single-family market increased.

DOWNLOAD DOUGLAS ELLIMAN’S Q2 2017 MARKET REPORTS:

Q2 2017 Miami Coastal Mainland Market Report

Q2 2017 Miami Beach & Barrier Islands Market Report


Miami Coastal Mainland Q2 2017 Sales Highlights

“The market was characterized by modest median sales price growth and declining inventory.” 

  • Median sales price for condos rose 2.2% to $235,000, and for single-family homes, it expanded 9.1% to $360,000 respectively over the same period last year.
  • Listing inventory fell sharply across property types as over-priced supply came off the market.
  • Listing inventory for condos declined 19.2% to 7,515 and for single-family-homes declined 4.6% to 3,373.
  • Days on market, the number of days between the last list price change, if any, to the contract date was 79 days, 6 days faster than the same period last year.

DOWNLOAD: Douglas Elliman’s Q2 2017 Miami Coastal Mainland Market Report Highlights

*Please note that Miami Coastal Mainland includes Aventura, Brickell, Coconut Grove, Coral Gables, Downtown Miami, Palmetto Bay, Pinecrest and South Miami.


Miami Beach & Barrier Islands Q2 2017 Sales Highlights

“The market is showing evidence of increasing sales activity after 3 years of decline.”

  • There were 926 sales overall in the second quarter, up 3.7% from the year-ago quarter, the second consecutive year-over-year quarterly increase.
  • The rise in sales was nearly matched by the increase of inventory, keeping the pace of the market somewhat stable.
  • The absorption rate, the number of months to sell all inventory at the current rate of sales, edged up nominally to 19.7 months from 19.4 months in the prior year quarter.
  • The luxury condo market, representing the top 10% of all sales, showed an average sales size of 2,664 square feet in the second quarter, down 12.2% from the year-ago quarter.
  • This was consistent with the 10% decline in average price per square foot to $1,287 over the same period. This indicates that the decline in price trend indicators is largely due to the shift in the mix towards the smaller-sized-end of the luxury condo market.

DOWNLOAD: Douglas Elliman’s Q2 2017 Miami Beach & Barrier Islands Market Report Highlights

*Please note that Miami Beach & Barrier Islands includes Bal Harbour, Bay Harbor Islands, Fisher Island, Key Biscayne, Miami Beach Islands, Mid-Beach, North Bay Village, North Beach, South Beach, Sunny Isles Beach and Surfside.


The Miami & Miami Beach markets are stabilizing because of the exponential growth over the past several years. What you need to understand is that the current state of the market is still an opportunistic time to purchase real estate in Miami and Miami Beach, so long as you work with a real estate professional who knows the market inside-out-and-backwards and is honest with you about what is a great investment!

If you, or someone you know, are interested in purchasing real estate in Miami or Miami Beach, please contact Michael Light, broker associate at Douglas Elliman and Founder/Owner of Miami Luxury Homes. You may reach me directly at my office at (305) 350-9842, on my cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.

Douglas Elliman’s Q1 2017 Miami Mainland & Miami Beach Market Reports

 
Douglas Elliman has just released the first quarter 2017 Elliman Reports for Miami Coastal Mainland and Miami Beach & Barrier Islands, which are the leading resources on the state of these real estate markets. As always, the Douglas Elliman market reports are produced in conjunction with Miller Samuel to provide you with the most comprehensive and neutral market insight available.

DOWNLOAD DOUGLAS ELLIMAN’S Q1 2017 MARKET REPORTS:

Q1 2017 Miami Coastal Mainland Market Report

Q1 2017 Miami Beach & Barrier Islands Market Report


Miami Coastal Mainland Q1 2017 Sales Highlights

“After the 2016 “reset,” greater stability entered the overall market in 2017.” 

  • While the total number of sales declined 2.7%, condo sales fell 13.4% to 1,666 and single-family sales increased 9.7% to 1,821 respectively over Q1 2016.
  • The overall absorption rate, defined as the number of months to sell all condo and single-family inventory at the current rate of sales, fell 17% to 8.8 months from 10.6 months in the prior year quarter. In other words, the pace of the market moved faster than it did in 2016.
  • Median sales price for condos and single-family homes increased 12.5% to $292,500 from the prior year quarter. Average sales price followed the same pattern, edging up 0.3% to $405,266.

DOWNLOAD: Douglas Elliman’s Q1 2017 Miami Coastal Mainland Market Report Highlights

*Please note that Miami Coastal Mainland includes Aventura, Brickell, Coconut Grove, Coral Gables, Downtown Miami, Palmetto Bay, Pinecrest and South Miami.


Miami Beach & Barrier Islands Q1 2017 Sales Highlights

“After a year of what could be described as a “reset,” the market showed improvement.”

  • Combined, the number of sales for Miami Beach edged 0.6% higher to 815 sales and listing inventory rose 6.4% to 6,166 respectively over Q1 2016.
  • The pace of the market was essentially unchanged. The absorption rate, the number of months to sell all inventory at the current rate of sales, edged up nominally to 22.7 months from 21.5 months in the prior year quarter.
  • Luxury price trend indicators, reflecting the top 10% of all sales, showed large price gains, largely from a shift in the mix to higher quality properties. Luxury condo median sales price jumped 14.2% to $3,025,000 from the year ago quarter. Luxury single-family price indicators such as median sales price surged 56.5% to $11,425,000 over the same period.

DOWNLOAD: Douglas Elliman’s Q1 2017 Miami Beach & Barrier Islands Market Report Highlights

*Please note that Miami Beach & Barrier Islands includes Bal Harbour, Bay Harbor Islands, Fisher Island, Key Biscayne, Miami Beach Islands, Mid-Beach, North Bay Village, North Beach, South Beach, Sunny Isles Beach and Surfside.


The Miami & Miami Beach markets are stabilizing because of the exponential growth over the past several years. What you need to understand is that the current state of the market is still an opportunistic time to purchase real estate in Miami and Miami Beach, so long as you work with a real estate professional who knows the market inside-out-and-backwards and is honest with you about what is a great investment!

If you, or someone you know, are interested in purchasing real estate in Miami or Miami Beach, please contact Michael Light, broker associate at Douglas Elliman and Founder/Owner of Miami Luxury Homes. You may reach me directly at my office at (305) 350-9842, on my cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.

Douglas Elliman’s Q4 2016 Miami Mainland & Miami Beach Market Reports

 
Douglas Elliman has just released the fourth quarter 2016 Elliman Reports for Miami Coastal Mainland and Miami Beach & Barrier Islands, which are the leading resources on the state of these real estate markets. As always, the Douglas Elliman market reports are produced in conjunction with Miller Samuel, to provide you with the most comprehensive and neutral market insight available.

DOWNLOAD DOUGLAS ELLIMAN’S Q4 2016 MARKET REPORTS:

Q4 2016 Miami Coastal Mainland Market Report

Q4 2016 Miami Beach & Barrier Islands Market Report


Miami Coastal Mainland Q4 2016 Sales Highlights

“Rising prices but with fewer sales and less inventory” 

  • Median sales price for single-family homes and condos increased 11.8% to $285,000 from the prior year quarter with average sales price following the same pattern, rising 2.8% to $388,695.
  • There were 3,542 sales in this quarter, down 13.6% from the prior year quarter. Without the 45.9% year-over-year decline in distressed sales, overall sales would have declined a more modest 3.9%.
  • Listing inventory across the market fell 7.3% to 10,738 over the same period.
  • The absorption rate for the overall market, defined as the number of months to sell all inventory at the current rate of sales, expanded to 9.1 months from 8.5 months in the prior year quarter.

DOWNLOAD: Douglas Elliman’s Q4 2016 Miami Coastal Mainland Market Report Highlights

*Please note that Miami Coastal Mainland includes Aventura, Brickell, Coconut Grove, Coral Gables, Downtown Miami, Palmetto Bay, Pinecrest and South Miami.


Miami Beach & Barrier Islands Q4 2016 Sales Highlights

“Mixed housing prices trends with lower sales volume and more inventory”

  • Median sales price increased 5.3% to $395,000 from the prior year quarter,
    but by property type, the trends varied.
  • Condo median sales price increased 8.9% to $359,500, while single-family homes median sales price declined 3.4% to $1,550,000 respectively over the same period.
  • The number of sales declined 21.5% to 663 sales, but the drop was skewed largely towards the condo market.
  • The rate of sales helped inventory expand. Listing inventory increased 16.4% year-over-year to 6,016 with 17.2% more condo listings and 11% more single-family home listings.

DOWNLOAD: Douglas Elliman’s Q4 2016 Miami Beach & Barrier Islands Market Report Highlights

*Please note that Miami Beach & Barrier Islands includes Bal Harbour, Bay Harbor Islands, Fisher Island, Key Biscayne, Miami Beach Islands, Mid-Beach, North Bay Village, North Beach, South Beach, Sunny Isles Beach and Surfside.


The Miami & Miami Beach markets are stabilizing because of the exponential growth over the past several years. What you need to understand is that the current state of the market is still an opportunistic time to purchase real estate in Miami and Miami Beach, so long as you work with a real estate professional who knows the market inside-out-and-backwards and is honest with you about what is a great investment!

If you, or someone you know, are interested in purchasing real estate in Miami or Miami Beach, please contact Michael Light, broker associate at Douglas Elliman and Founder/Owner of Miami Luxury Homes. You may reach me directly at my office at (305) 350-9842, on my cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.

Douglas Elliman’s Q3 2016 Miami & Miami Beach Market Reports

 
The Douglas Elliman market reports are recognized as the industry standard for providing details on the state of the residential real estate market, and Douglas Elliman has just released the third quarter 2016 Elliman Report. The report, produced in conjunction with Miller Samuel, includes an extensive suite of tools to help readers objectively identify and measure market trends, provide historical context to current information and provide comprehensive analysis of the results.

DOWNLOAD DOUGLAS ELLIMAN’S Q3 2016 MARKET REPORTS:

Q3 2016 Miami Coastal Mainland Market Report

Q3 2016 Miami Beach & Barrier Islands Market Report


Miami Coastal Mainland Q3 2016 Sales Highlights

  • Rising prices for the overall market, but at a slower pace.
  • Overall median sales price increased 9.6% to $285,000 and average sales price edged up .04% to $391,918 respectively from the prior year quarter.
  • The number of sales fell 15.1% to 3,950 over the same period with most of the decline attributed to the condo market. By property type, condo sales declined 25.8% to 1,840 while single-family sales slipped 2.8% to 2,110.
  • The absorption rate for the overall market, defined as the number of months to sell inventory on the market at the current rate of sales, expanded to 8.2 months from 7.1 months in the prior year quarter.
  • The luxury market, representing the top 10% of all sales, was more clearly divided among property types with the single-family market outperforming the condo market.

DOWNLOAD: Douglas Elliman’s Q3 2016 Miami Coastal Mainland Market Report Highlights

*Please note that Miami Coastal Mainland includes Aventura, Brickell, Coconut Grove, Coral Gables, Downtown Miami, Palmetto Bay, Pinecrest and South Miami.


Miami Beach & Barrier Islands Q3 2016 Sales Highlights

  • Median price up year to date, but with longer marketing times and more inventory.
  • Median sales price year to date rose 2.5% to $410,000, while median sales price for the 3rd quarter declined 4.9% to $383,750 respectively from the same period last year.
  • The only market segments to see both a gain in market share and an increase in market share were the 1-bedroom condo market and the 5-bedroom single-family market.
  • Luxury condo price trend indicators declined as the shift in the mix skewed smaller. Luxury single-family price trend indicators showed mixed results over the same period as inventory expanded.
  • In a continuing sign of overall market stability, the market share for distressed sales fell to 6.5% of all sales. The market remained dominated by “all cash buyers” accounting for 64.9% of condo sales and 51.9% of single-family sales.

DOWNLOAD: Douglas Elliman’s Q3 2016 Miami Beach & Barrier Islands Market Report Highlights

*Please note that Miami Beach & Barrier Islands includes Bal Harbour, Bay Harbor Islands, Fisher Island, Key Biscayne, Miami Beach Islands, Mid-Beach, North Bay Village, North Beach, South Beach, Sunny Isles Beach and Surfside.


The Miami & Miami Beach markets are stabilizing because of the exponential growth over the past years. What you need to understand is that the current state of the market is still an opportunistic time to purchase real estate in Miami and Miami Beach, so long as you work with a real estate professional who knows the market inside-out-and-backwards and is honest with you about what is a great investment!

If you, or someone you know, are interested in purchasing real estate in Miami or Miami Beach, please contact Michael Light, broker associate at Douglas Elliman and Founder/Owner of Miami Luxury Homes. You may reach me directly at my office at (305) 350-9842, on my cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.

The Miami Luxury Homes A-List

Join 5,000+ current subscribers and sign up to receive our weekly newsletter!

We will NEVER share your information

Explore Miami & Miami Beach Communities