Weekly Snapshot
Total Properties Closed: 8
Condominiums: 3
Single-Family Homes: 5
Total Dollar Volume Closed:
$21,228,000
Price Range:
$800,000 – $5,800,000
Notable Sales
Lowest Sale:
37 Sandy Cove Rd #3B - $800,000
Highest Sale:
3550 Flamingo Ave - $5,800,000
Price Per Square Foot (Heated)
Overall Range:
$602.41 – $1,782.59 per SF
Condominium Range:
$637.96 – $1,782.59 per SF
Single-Family Range:
$602.41 – $1,231.16 per SF
Days on Market
Range:
70 – 676 days
Median:
108 days
Methodology:
Excludes sales under 30 days on market to remove off-market and MLS backfill transactions.
Market Insights
Luxury continues to drive overall volume.
The upper tier of the market remains active, with multiple sales above $2M and two transactions above $4.5M contributing a significant share of weekly dollar volume.Waterfront positioning remains a primary value driver.
Canal, bay, and Gulf-access properties continue to command buyer attention and pricing strength, particularly when paired with updates or newer construction.Condominium performance is highly stratified.
Newer, luxury product (Ten35 Seaside) achieved top-tier pricing, while older or less updated inventory traded at materially lower price per square foot.Negotiation remains embedded in the market.
Several properties closed meaningfully below original list price, reinforcing that buyers are disciplined and value-focused.Time-to-sale reinforces a selective environment.
With a filtered median of 108 days, properly positioned properties are moving, while others require extended exposure to secure a buyer.
Trend Watch
Ultra-luxury product continues to set pricing benchmarks
Mid-tier condos remain sensitive to age, condition, and HOA dynamics
Single-family valuation is increasingly tied to water type, elevation, and level of renovation
Extended exposure times signal continued resistance to aspirational pricing
Bottom Line
This is a selective market.
Buyers remain active and well-capitalized, but highly discerning.
Sellers who align with market conditions are achieving transactions.
Those who do not are accumulating time on market.