Comprehensive Overview
Welcome to the June 2023 Brickell Real Estate Market Update by Norman and Consuelo Hodge, your trusted REALTORS® from the prestigious Norman Hodge Group, representing Charles Rutenberg Realty, LLC. In this post, we’ll share key insights to keep you informed and engaged in the dynamic real estate market of Brickell, Miami.
1. Market Inventory: Currently, Brickell has a 5.5-month supply of homes for sale, a 54.93% increase from the last year. This is essential information for buyers and sellers to gauge demand and market competitiveness.
2. List to Sold Price Percentage: In Brickell, sellers are achieving 95.6% of their asking price on average. This helps sellers with pricing decisions and gives buyers an idea of their negotiation power.
3. Average Time on Market: Homes in Brickell are spending a median of 67 days on the market before being sold. This helps sellers understand market activity and assists buyers in making timely decisions.
4. Median Sold Price: The median sold price in Brickell is $644,500, reflecting the midpoint value of all homes sold. This indicates the overall pricing trends in the market.
Brickell’s real estate market in June 2023 remains vibrant with opportunities. Whether you’re a buyer or seller, understanding these metrics is crucial for success. Trust the Norman Hodge Group’s expertise to guide you through this ever-changing market and make your real estate dreams come true.
Watch the full Brickell Real Estate Market Update June 2023 video presented by Norman Hodge Group for a deeper understanding of the market and potential opportunities. Don’t forget to like and subscribe for more updates, insights, and advice. Contact Norman and Consuelo Hodge today to get started on your path to success in the Brickell real estate market.
Disclaimer: All data and statistics mentioned are based on information available as of June 2023 and are subject to change with evolving market conditions. Always consult with a qualified real estate professional for the most up-to-date information.