100% Construction Financed by Developer | Last New Construction on Williams Island (2)

by , May 30, 2025

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Q2 2023 QoQ Miami Beach Luxury Condo Market Summary - Fig. 1

Q2 2023 vs Q1 2023 Miami Beach Luxury Condo Quarterly Market Summary
Quarters	Number of Sales	% change in Sales	Median Sale Price	% change in Median Sale Price	Median Sp/Sqft	% change in Median Sp/Sqft	Median of DOM
Q2 20 23	243	6.1%	$1,700,000	-17.1%	$1,040	-6.1%	71
Q1 2023	229		$2,050,000		$1,108		83

Q2 2023 YoY Miami Beach Luxury Condo Market Summary - Fig. 1.1

Q2 2023 vs Q2 2022 Luxury Condo Quarterly Market Summary
Quarters	Number of Sales	% change in Sales	Median Sale Price	% change in Median Sale Price	Median Sp/Sqft	% change in Median Sp/Sqft	Median of DOM
Q2 2023	243	-45.5%	$1,700,000	-8.1%	$1,040	-6.5%	71
Q2 2022	446		$1,850,000		$1,112		69

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