The South Beach Condo Index is comprised of nine buildings in the SoFi neighborhood in South Beach. These nine condo represent some of the most luxurious, prestigious, and expensive Miami Beach real estate.
In total there are 2,110 Miami Beach condos in the index. In the first quarter of this year, there were only 18 units sold.
Here you can see the list price vs sale price for the first quarter of this year. Because I have been doing these stats for so long, I quickly notice that the sold/$psf is decreasing. The chart below compares sold/$psf for 2008 to 2009.
| Condo | 2008 | 1st Qt. '09 |
| Apogee | $1354 | $1209 |
| Continuum I | $1074 | $856 |
| Continuum II | $929 | $875 |
| ICON | $724 | $533 |
| Murano | $829 | $1175 |
| Murano Grande | $638 | $500 |
| Portofino | $676 | $500 |
| S. Pointe | $619 | N/A |
| Yacht Club | $548 | $545 |
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Miami, Miami Beach and South Beach luxury real estate from the area’s most respected Realtor®. I specialize in immediate occupancy condos, pre-construction condos and condo-hotels in Miami-Dade Co.
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