Wed Jan 22 2020
This week the median list price for Surfside, FL is $819,000 with the market action index hovering around 25. This is less than last month's market action index of 26. Inventory has held steady at or around 53.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
|Median List Price||$819,000|
|Per Square Foot||$469|
|Days on Market||217|
|Slight Buyer's Advantage|
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.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$2,350,000||2,897||0.25 - 0.5 acre||4||3||65||1||2||137|
|$900,000||1,960||8,000 - 10,000 sqft||3||3||70||1||0||254|
|$770,000||1,717||4,500 - 6,500 sqft||3||3||70||0||0||119|
|$677,000||1,501||4,500 - 6,500 sqft||3||2||79||3||0||346|