Continuum South Beach in 2018 | A Year in Review

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  • December 31st, 2018

As we have started the last day of 2018, we decided to look back at what 2018 brought for Continuum. Below we will provide you with some quick statistics on this South Beach condo. For more information send us an email at David@Siddonsgroup.com or call us at 305.508.0899

Continuum South Beach Sales are Up

Continuum South Beach in 2018 | A Year in Review
Continuum South Beach in 2018 | A Year in Review

Inventory Levels and Current Listings

Continuum South Beach in 2018 | A Year in Review

With an elevated amount of listings, the South Tower is now experiencing 42 months of inventory. The North tower is seeing a healthier demand/supply curve with 26 months of inventory.
Between 12 and 18 months we speak of a balanced market. Most luxury markets tend to have a higher amount of inventory, which is typical for a buyers market.

The Price Ranges at Continuum South Beach

While 2016 and 2017 were years of price corrections, in 2018 we see that the confidence in the market is back again and prices are rising again. This year we have witnessed first hand that inventory decreased, prices went up and more people listed their units for sale again as the market gained in strength

Continuum South Beach in 2018 | A Year in Review
Continuum South Beach in 2018 | A Year in Review

The lowest sales price per SF in 2018 was for unit 514 in the North tower at $1,149 per SF

The highest sales price per SF in 2018 was for unit 3501 in the North tower at $3,069 per SF

Would you like further insights into the numbers above or a more personalized chat regarding selling or buying at Continuum South Beach? Call me today at 305.508.0899!

For now a prosperous 2019 and we hope you keep using our insightful website in 2019! 

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