Ines Hegedus-Garcia

Surfside, FL

Single-Family Homes

Miamism Sales Team



Surfside, FL

Mon Apr 22 2019
This week the median list price for Surfside, FL is $809,000 with the market action index hovering around 24. 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

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Surfside, FL

Mon Apr 22 2019
This week the median list price for Surfside, FL is $809,000 with the market action index hovering around 24. 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

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Surfside market.
Median List Price $809,000
Per Square Foot $387
Days on Market 226
Price Decreased 37%
Price Increased 4%
Relisted 0%
Inventory 49
Median House Rent
Most Expensive $23,900,000
Least Expensive $549,900
Market Action Index
Slight Buyer's Advantage
24

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
$1,812,500 2,726 8,000 - 10,000 sqft 4 3 68 0 1 204
$899,000 2,167 4,500 - 6,500 sqft 3 2 68 1 1 279
$764,000 1,984 4,500 - 6,500 sqft 3 2 70 0 0 225
$667,000 1,871 4,500 - 6,500 sqft 3 2 70 0 2 200