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Normandy Shores Real Estate Trends Report: Comprehensive February 2024 Analysis

Normandy Shores Real Estate Trends Report: Comprehensive February 2024 Analysis

How is the Normandy Shores Real Estate Market Doing?

There are currently 14 homes for sale, (compared to 16 last month)

  • Highest priced listing is $15.5 $13.5 Million Million for the 2019 home at 2608 Biarritz Dr – with 6 bedrooms/ 6.5 bathrooms, 5,506 Sq.Ft., 12,052 Sq.Ft. lot with 73′ of open bay frontage. ($2,815 Sq.Ft. $2,452/Sq.Ft.)
  • Lowest priced listing is $1.45 Million for the non-waterfront home at 905 Fairway Dr with 4 bedrooms / 3 bathrooms, 2,032 Sq.Ft., on 7,458 Sq.Ft. lot ($714/Sq.Ft.)
  • Pending Sales (Properties under contract):4
  • Median Sales Price in February: $1.4 Million with only one sale (compared to $1.26 Million last month – also with only one sale)
  • Closed Sales in February: 1 (same as last month)

What is the average price per square foot in Normandy Shores?

The average sold price per square foot in Normandy Shores in February $812 (one sale not on the water), compared to $674 last month, with only one sale (not on the water). Previous averages as follows:

  • January not on the water, average $674 (one sale)
  • 2023’s waterfront average of $1,326/Sq.Ft.
  • 2023’s non-waterfront average of $670/Sq.Ft.

Normandy Shores Real Estate Micro-Stats

Feel free to download our complete market report for the last 12 months, showing micro-stats for Real Estate Normandy Shores

  • Buyer’s market with 14 months of inventory at the current rate of sales
  • Average discount is 9%
  • Average sales price is $2.1Million
  • Price-range moving is $1-1.5M and above $2 M
  • Buyers are domestic
  • 94.7% of all buyers are primary residence owners

DOWNLOAD NORMANDY SHORES POINT MARKET REPORT

We prepare a NORMANDY SHORES Real Estate market report on a monthly basis and publish it on the third week of each month, reflecting data from the previous month. Contact us if you would like to receive this directly in your inbox and can unsubscribe any time.

The post Normandy Shores Real Estate Trends Report: Comprehensive February 2024 Analysis appeared first on Miamism.



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Normandy Shores Real Estate Trends Report: Comprehensive February 2024 Analysis

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