There are currently 1,142 condominiums listed for sale in the 33009 zip code.

• Highest priced listing:  $2,000,000 (4 BR 4.5 BA in The Beach Club)
• Lowest priced listing:  $34,000 (1 BR 1 BA in Parkside Manor)
• Pending sales:  160
• Closed sales in the past 30 days:  46
  • Highest sale price:  $720,000 short sale (3 BR 3.5 BA in The Beach Club)
  • Lowest sale price:  $41,000 foreclosure (1 BR 1 BA in Strand Plaza Condo)

Now take a look at the market by quartiles.  Each quartile is 25% of the homes.

In the quartile market segments, we see prices in this zip code have settled at a price plateau across the board.  Prices in all four quartiles are basically mixed.  Look for a persistent shift (up or down) in the Market Action Index (MAI) before prices move from these current levels.  The 90-day MAI is at 13 which strongly indicates a Buyer’s market.  Inventories have been falling in recent weeks, but note that declining inventory alone does not signal a strengthening market.  Look to the MAI and Days on Market trends to gauge whether buyer interest is changing with the available supply.

For more information contact me at (305) 329-4929 or solovay.m@ewm.com

Hallandale, fl  33009

Previous price: $129,900.00

Super clean and fully furnished. 1-1.5 condo with 2  walk-in closets and extra storage! Enclosed balcony overlooking the pool/clubhouse, new furniture, 5 minutes to the ocean, and walking distance to Gulfstream casino/tracks, Winn Dixie & Publix, tons of restaurants and shopping centers. This is Florida living defined!  55+ community.

This unit is on the 5th floor, laundry facility on the same floor,  unit is overlooking the pool view, huge clubhouse with bar and a pool table, shuffle board, 2 gyms and sauna/steam room. 3 TV sets are included!

THE BEACH CLUB

1800 – 1830 – 1850 S OCEAN DR.

HALLANDALE, FL 33009

A complex offering some of the most coveted views in all of South Florida. Exclusive amenities found in finest resorts, close to houses of worship, Fort Lauderdale Airport, the Gulfstream, the Aventura mall and much more.

Inventory Report

THE BEACH CLUB – 1830 S. OCEAN DR., UNIT 3912, HOLLYWOOD, FL – Great Oceanfront Studio over 900 Sq. Ft. living area with amazing ocean views. Ready to move int. This REO will sell fast. Bank Foreclosure selling for $299,900

ChELSEA BAYVIEW - 1913 S. OCEAN DR, – Great one bedroom, one bathroom condominium across from the Ocean. This REO property will go pretty soon, the Bank is asking $95,000.

The foreign currencies gaining value over the USDollar, the abundance of units available in the market, will make South Florida even more desirable than before.  Hollywood and Hallandale Beach with the new Condo conversions, could be the area to look for on the “affordable side”, as compared to Sunny Isles,  Bal Harbor and Surfside with the upscale Condos.

Miami Beach, with the old buildings, and worldly well known, will have their share by the “snow birds” and the tradition abrought in by the New Yorkers.

And, no matter what is “your beach”….it is a very positive way to expect ther rentals to convert into sales…..It happened before and hopefufully it will be better at this time.

So, get ready the season is coming…..