MIAMI-DADE’S MOST EXCLUSIVE NEIGHBORHOODS

CONDO MARKET

2016 Q 3 M A R K E T U P D AT E

WATERFRONT CONDOS

NON-WATERFRONT CONDOS

% OF SAMPLE TRADED

AVERAGE SALES PRICE

AVERAGE LIVING AREA

AVERAGE PRICE/SF

AVERAGE D.O.M.

1.3%

$1,301,562

1,671 SF

$779

147

1.5%

$1,269,811

1,777 SF

$715

116

15%

-2%

6%

-8%

-21%

Q3 2015 Q3 2016 % CHANGE

% OF SAMPLE TRADED

AVERAGE SALES PRICE

AVERAGE LIVING AREA

AVERAGE PRICE/SF

AVERAGE D.O.M.

0.9%

$501,540

1,114 SF

$450

117

1.5%

$440,653

1,066 SF

$414

183

67%

-12%

-4%

-8%

57%

Q3 2015 Q3 2016 % CHANGE

FOR MORE GUIDES AND REPORTS, PLEASE VISIT ONESOTHEBYSREALTY.COM/REPORTS.

To access our full 2016 TRENDS report, please visit onesothebysrealty.com/trends. Neighborhoods analyzed: page 3 / Detailed methodology: page 5

©MMXVI ONE Sotheby’s International Realty, licensed real estate broker. Sotheby’s International Realty® is a licensed trademark to Sotheby’s International Realty Affi liates LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Offi ce is Independently Owned and Operated. Statistics provided by Integra Realty Resources – Miami\Palm Beach. The information contained herein is deemed accurate but not guaranteed. Pictured: 19575 Collins Avenue, #37, Sunny Isles Beach