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    Sellers Ask 62% Premium For Hollywood-Hallandale Beach Condos

    (This Report Is Powered By Brickell Ventures LP)

    DOWNTOWN MIAMI (Jan. 7, 2019) - More than 1,625 condo units are formally listed for sale in the Hollywood-Hallandale Beach market in the South Florida county of Broward, according to a new report from Condo Vultures® Realty LLC. 

    Based on condo sales of about 117 units monthly in the first nine months of 2018, the Hollywood-Hallandale Beach market has nearly a 14-month supply of units available for purchase in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach during the Winter Buying Season, according to the report based on data from the Southeast Florida MLS Matrix. 

    A balanced market is generally considered to have about six months of supply. More months of condo supply listed for sale suggests a buyer’s advantage and less months typically indicates a seller’s advantage in the market. 

    Buyers Purchased Less Than 35 Hollywood-Hallandale Beach Luxury Condos In First 9 Months Of 2018

    (This Report Is Powered By Brickell Ventures LP)

    DOWNTOWN MIAMI (Jan. 7, 2019) - Nearly 150 luxury condo units are formally listed for sale at a minimum price of at least $1 million in the Hollywood-Hallandale Beach market of the South Florida county of Broward, according to a new report from Condo Vultures® Realty LLC.

    Based on luxury condo sales of less than four units monthly in the first nine months of 2018, the Hollywood-Hallandale Beach market now has nearly a 39-month supply of units available for purchase in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach during the Winter Buying Season, according to the report based on data from the Southeast Florida MLS Matrix.

    A balanced market is generally considered to have about six months of supply. More months of condo supply listed for sale suggests a buyer’s advantage and less months typically indicates a seller’s advantage in the market.

    Hollywood-Hallandale Beach Landlords Ask $2.38 PSF Monthly For Residential Rental Properties

    (This Report Is Powered By Brickell Ventures LP)

    DOWNTOWN MIAMI (Jan. 7, 2019) - More than 1,040 residential rental properties are formally listed for lease in the Hollywood-Hallandale Beach market in the South Florida county of Broward, according to a new report from Condo Vultures® Realty LLC. 

    Based on completed leases of less than 132 residential properties monthly in the first nine months of 2018, Hollywood-Hallandale Beach now has nearly an eight-month supply of rentals - apartments, condos, efficiencies, multifamily and townhouses - available in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach during the Winter Buying Season, according to the report based on data from the Southeast Florida MLS Matrix. 

    A balanced market is generally considered to have about six months of supply. More months of supply listed for lease suggests a tenant’s advantage and less months typically indicates a landlord’s advantage in the market. 

    Buyers Purchased 30 Distressed Condos In Hollywood-Hallandale Beach In First 9 Months Of 2018

    (This Report Is Powered By Brickell Ventures LP)

    DOWNTOWN MIAMI (Jan. 7, 2019) - At least 10 distressed condo units - both shortsales and real estate owned (REO) by lenders - are formally listed for sale in the Hollywood-Hallandale Beach market in the South Florida county of Broward, according to a new report from Condo Vultures® Realty LLC.

    Based on distressed condo sales of about three units monthly in the first nine months of 2018, Hollywood-Hallandale Beach now has about a three-month supply of REO and shortsale units available for purchase in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach during the Winter Buying Season, according to the report based on data from the Southeast Florida MLS Matrix.

    A balanced market is generally considered to have about six months of supply. More months of condo supply listed for sale suggests a buyer’s advantage and less months typically indicates a seller’s advantage in the market.

    Condo-Hotel Units Typically Permit Short-Term Rentals For Home-Sharing Services Such As AirBNB

    (This Report Is Powered By Brickell Ventures LP)

    DOWNTOWN MIAMI (Jan. 2, 2019) - More than 850 condo-hotel units - which typically permit short-term rentals for home-sharing services such as AirBNB - are formally listed for sale in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach, according to a new report from Condo Vultures® Realty LLC. 

    Based on monthly condo-hotel sales of nearly 28 units in the first three quarters of 2018, South Florida now has nearly a 31-month supply of units available for purchase in the tricounty region during the Winter Buying Season, according to the report based on data from the Southeast Florida MLS Matrix. 

    A balanced market is generally considered to have about six months of supply. More months of condo supply listed for sale suggests a buyer’s advantage and less months typically indicates a seller’s advantage in the market. 

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