CUTLER BAY REAL ESTATE MARKET 2022 2023 REPORT
CUTLER BAY REAL ESTATE MARKET 2022 2023 REPORT.
This report is based on the data presented in the table of sold properties in the Cutler Bay real estate market in 2022-2023. The table contains the following information:
- Sold Date: the date when the property was sold
- Year-Month: the year and month in which the property was sold
- SUM of List Price: the total list price of all the properties sold in a particular month
- SUM of Sold Price: the total sold price of all the properties sold in a particular month
- AVERAGE of PPSF: the average price per square foot of all the properties sold in a particular month.
Summary
The real estate market in 2022-2023 showed a total of $265,151,242 in the list price of all properties sold, with a total sold price of $259,684,669. The average price per square foot of all properties sold was $306.6.
Market Trend in 2022
The market trend in 2022 showed a fluctuation in the average price per square foot, with the highest average price per square foot in June 2022, at $329.8, and the lowest average price per square foot in August 2022, at $308.5. The highest total sold price was in March 2022, at $29,953,900, while the lowest total sold price was in November 2022, at $12,374,500.
Market Trend in 2023
The market trend in 2023 showed a slight increase in the average price per square foot, with the highest average price per square foot in February 2023, at $361.4, and the lowest average price per square foot in December 2022, at $309.5. The highest total sold price in 2023 was in January 2023, at $10,358,900, while the lowest total sold price was in February 2023, at $1,008,000.
Conclusion
The real estate market in 2022-2023 showed a fluctuation in the average price per square foot, with a slight increase in 2023. The market had its highest total sold price in March 2022, while the lowest total sold price was in November 2022. The market trend in 2023 showed a slight increase in the average price per square foot, with the highest average price per square foot in February 2023.
For assistance in Cutler Bay Homes for Sale Real Estate please contact Rafael Jarauta PA in Miami at 786-287-3241 or visit Cutler Bay Homes for Sale to see the Active properties available for sale.
