1Q 2015 Brickell Market Behavior
Price indicators were mixed as sales marginally decline despite the fact that Pre-construction condos are selling at a fast pace.
Currently Brickell is still a Buyer’s market because of that unparalleled influx of new units. The good news for sellers is that prices remain stable even when the resale condos are definitely taking a hit due to the massive amount of new competition. Here is the summary chart of the 1Q 2015 Brickell Market behavior published by Douglas Elliman.
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