Bal Harbour-Surfside-Bay Harbor Islands Area Has 14 Months Of Condo Resale Supply

  • Published by Peter Zalewski
  • 3/4/2024
  • 7:04:12 PM
A review of 2023 condo statistics shows the Bal Harbour – Surfside – Bay Harbor Islands market has more than 330 units for resale during South Florida Winter Buying Season.

We have crunched the statistics for the Year 2023 and plan on publishing a series of of reports during the next two weeks looking at the winners and losers in the northern portion of the barrier island in Miami-Dade County. If you want the reports emailed to you, just sign up for the Miami Condo Market Intelligence Report With Peter Zalewski™ newsletter at: PeterZalewski.substack.com

The Bal Harbour – Surfside – Bay Harbor Islands area is in a buyers market for condos with nearly 14 months of supply currently listed for sale during the South Florida Winter Buying Season, according to an analysis of statistics compiled by CondoVulturesRealty.com.

In the 12 months of 2023, buyers purchased an average of about 24 units per month for a total of nearly 290 units between January and December.

Based on the current active listings in the Multiple Listing Service – a database used by Realtors to market condos – the Bal Harbour – Surfside – Bay Harbor Islands area is in a buyers market with a supply of more than 330 units available for purchase.

We have crunched the statistics for the Year 2023 and will be publishing a series of reports during the next weeks on CondoVultures.com looking at the winners and losers in the northern portion of the barrier island in Miami-Dade County.

If you want the reports emailed to you, just sign up for the Miami Condo Market Intelligence Report With Peter Zalewski™ newsletter at: PeterZalewski.substack.com

Additionally, we encourage you to check out our video and audio podcasts.

This information is believed to be accurate and complete but cannot be guaranteed or warranted. For more information, please call 305.865.5859 or visit CondoVulturesRealty.com

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