$5,343 Closing Credit*
$449,900
1,020 SqFt
2 Beds
•2 Full Baths
N Tony Bennett, Listing Office: Benstone Commerical
Is Brickell Estates, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Brickell Estates was a Seller's Market.
Key Takeaway
Brickell Estates is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Brickell Estates, FL
How much do homes in Brickell Estates, FL cost?
Median Sold Price
$1,125,000
$580/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$87,500(+8.4%)
Key Takeaway
Homes in Brickell Estates have sold for 8.4% more than they did a year ago.
Summary: The median home sold price in Brickell Estates was $1,125,000 in October 2024, up 8.4% from last year, and the median price per square foot was $580.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $310K | $375K | +21.0% |
| 2 Bedrooms | $595.8K | $440K | -26.2% |
| 3 Bedrooms | $1.0M | $1.3M | +22.1% |
| 4 Bedrooms | $1.6M | $1.3M | -16.4% |
| 5+ Bedrooms | $1.6M | $1.6M | +1.5% |
Summary: Brickell Estates housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21%, 2 bedroom homes decreased by 26.2%, 3 bedroom homes increased by 22.1%, 4 bedroom homes decreased by 16.4%, and 5+ bedroom homes increased by 1.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Shenandoah | $665K | $740K | +11.3% |
| Brickell | $656.1K | $716.9K | +9.3% |
| Brickell Estates | $1.0M | $1.1M | +8.4% |
| Little Havana | $310K | $300K | -3.2% |
Housing Supply in Brickell Estates, FL
How many homes are available in Brickell Estates, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 21 | -8.7% |
Summary: The Brickell Estates real estate market had 21 homes for sale in October 2024, a 8.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Brickell Estates housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brickell Estates, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Brickell Estates in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Brickell Estates, FL
How long does it take to sell a home in Brickell Estates, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 53 Days | 57 Days | +7.5% |
Summary: Homes in Brickell Estates had an average of 57 days on market in Oct 2024, up by 7.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Brickell Estates has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Brickell Estates; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.