New - 38 minutes on RocketVideo tour
$10,000 Closing Credit¹
Svetlana Perez, Listing Office: LP Global Realty, LLC
South Central Beach Housing Market Report December 2024•Broward County, Florida
Housing Prices in South Central Beach, FL
How much do homes in South Central Beach, FL cost?
Housing Market Conditions
Is South Central Beach, FL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
South Central Beach is a Buyer's Market
Difference Since December 2023
At the same time last year, South Central Beach was a Neutral Market.
Insight
South Central Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$451,666$447/SqFt
-$18,333
-3.9%
Based on all homes sold in the last 12 months
Insight
Homes in South Central Beach have sold for 3.9% less than they did a year ago.
Summary: The median home sold price in South Central Beach was $451,666 in December 2024, down 3.9% from last year, and the median price per square foot was $447.
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $348K | $360K | +3.4% |
| 22 Bedrooms | $550K | $515K | -6.4% |
| 33 Bedrooms | $1.7M | $1.5M | -11.7% |
| 44 Bedrooms | $1.4M | $2.8M | +93.0% |
| 55+ Bedrooms | $6.2M | - | N/A |
Summary: South Central Beach housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +3.4%. The home price for 2 bedroom homes decreased by -6.4%. The home price for 3 bedroom homes decreased by -11.7%. The home price for 4 bedroom homes increased by +93.0%. The home price for 5 bedroom homes did not change.
Housing supply in South Central Beach, FL
How many homes are available in South Central Beach, FL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 446Last MonthDec 2024 | ||
| 3972 months agoNov 2024 | +12.3 % Change MoMNov – Dec |
Summary: The South Central Beach real estate market had 446 homes for sale in Dec 2024, a 12.3 % increase compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 20Last MonthDec 2024 | ||
| 162 months agoNov 2024 | +25.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 160 | 186 | +16.3% |
| 22 Bedrooms | 194 | 214 | +10.3% |
| 33 Bedrooms | 34 | 36 | +5.9% |
| 44 Bedrooms | 4 | 5 | +25.0% |
| 55+ Bedrooms | 5 | 5 | 0.0% |
Summary: South Central Beach housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +16.3%. The inventory for 2 bedroom homes increased by +10.3%. The inventory for 3 bedroom homes increased by +5.9%. The inventory for 4 bedroom homes increased by +25.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in South Central Beach, FL cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price19 Homes
Insight
If you're buying a home in South Central Beach, you may be able to get a good deal. 95% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in South Central Beach in December 2024, up by 25.0% month-over-month. Of the 20 sold homes, 95% were sold under asking, 5% were sold at asking, and and 0% were sold over asking.
Days on Market for South Central Beach, FL
How long does it take to sell a home in South Central Beach, FL?
Breakdown of Home Sale Times
Under 30 Days5 Homes
30 – 90 Days6 Homes
Over 90 Days9 Homes
Insight
Most homes in South Central Beach are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 20 homes were sold in South Central Beach; 25% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 86 DaysThis YearDec 2024 | ||
| 83 Days1 year agoDec 2023 | +3.1 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in South Central Beach had an average listing age of 86 days in Dec 2024, up by 3.1% compared to the previous year.
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Newest Listings in South Central Beach, FL
What homes are available in South Central Beach, FL?
New - 1 hour on RocketVideo tour
Hana Levy, Listing Office: United Realty Group Inc
New - 4 hours on Rocket
$4,507 Closing Credit¹
Deniz Kilic, Listing Office: K & M Realty Holdings Corporat
New - 14 hours on RocketVideo tour
$2,019 Closing Credit¹
Veronica Cornejo, Listing Office: Cornejo Group LLC
New - 18 hours on RocketVideo tour
$3,551 Closing Credit¹
Michael Toomey, Listing Office: Keller Williams Miami Beach
New - 19 hours on RocketVideo tour
$4,156 Closing Credit¹
Veronica Cornejo, Listing Office: Cornejo Group LLC
New - 21 hours on RocketVideo tour
$5,926 Closing Credit¹
Adi Gal, Listing Office: Wharton Realty Group, LLC
New - 23 hours on RocketVideo tour
Alicia Mayz, Listing Office: One Sotheby's Int'l Realty
New - 23 hours on Rocket
$10,000 Closing Credit¹
Patrick Bilodeau PA, Listing Office: BHHS EWM Realty
New - 1 day on RocketVideo tour
$10,000 Closing Credit¹
Amy Greenberg, Listing Office: Summit Real Estate Brokerage
New - 1 day on RocketVideo tour
$10,000 Closing Credit¹
Bozena Kaluza, Listing Office: Diplomat Int'l Realty, Inc.
New - 2 days on RocketVideo tour
$6,505 Closing Credit¹
Taylana Izrailov, Listing Office: Core Realty Associates, Inc.
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MLS Disclaimers and Copyright
Based on information from Miami MLS, Beaches MLS, and Stellar MLS for the period 01/01/2023 - 01/01/2025
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listings courtesy of Stellar MLS as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 3:20:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.