Ines Hegedus-Garcia

Surfside, FL

Single-Family Homes

Miamism Sales Team



Surfside, FL

Wed Oct 23 2019
This week the median list price for Surfside, FL is $785,000 with the market action index hovering around 26. This is an increase over last month's market action index of 23. Inventory has held steady at or around 49. Click here to stay informed with the Surfside market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Surfside, FL

Wed Oct 23 2019
This week the median list price for Surfside, FL is $785,000 with the market action index hovering around 26. This is an increase over last month's market action index of 23. Inventory has held steady at or around 49. Click here to stay informed with the Surfside market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Surfside market.
Median List Price $785,000
Per Square Foot $447
Days on Market 245
Price Decreased 24%
Price Increased 8%
Relisted 10%
Inventory 49
Median House Rent $4,200
Most Expensive $21,900,000
Least Expensive $489,000
Market Action Index
Slight Buyer's Advantage
26

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,697,500 2,562 8,000 - 10,000 sqft 4 3 66 1 0 307
$847,500 1,841 4,500 - 6,500 sqft 3 2 71 1 1 214
$750,000 1,774 4,500 - 6,500 sqft 3 2 70 0 1 224
$610,000 1,523 4,500 - 6,500 sqft 3 2 74 2 1 236