Our focus in this 2020 Miami Real Estate Market Analysis and Report was to produce a detailed ‘actionable’ report for the premium Miami neighborhoods, for both homes and condos. We have appropriately produced this report at the end of Q1 (End of March 2020) just as we experience the seismic effects of the Corona Virus. Now more than ever we feel our clients and readers are looking for optics on the market and the production of both granular and holistic observations are fundamental parts of the report. Designed to help those on what to do next in these unpredictable times! Please remember this is not the opinion of a third party analysis group hired to translate data. We are actually agents in the field, working with buyers and sellers EVERY DAY so our observations are made from actual experience. As always, please call me at 305.508.0899 for personal guidance!
This report co-insides with the activation of our new online software, which has a ‘live’ feed of analysis from the MLS.
Our Real Estate Report will answer these key questions:
What are the most stable and ‘robust’ Miami markets (those with the best immunity from negative macro factors)?
What markets may be ‘overheated’ and may be most affected by negative market psychology from the Stock Market corrections?
What price points will be most affected?
Which markets are already weak and could get weaker?
Which buildings will perform the best?
What condos are good ’quality’ yet underperforming with an overabundance of product that buyers can take advantage of?
How did the market perform in the last 6 months compared to the year before?
Can we sustain the price per SqFt and sales in the face of current challenges, and which neighborhoods will hold strong or potentially get even stronger?
Do you have questions you want answers to? Our software is advanced enough to be able to give optics on almost any question.
DAVID SIDDONS | +1.305.508.0899 | David@Siddonsgroup..com | Douglas Elliman Real Estate