Fisher Island Housing Market Report for June 2013

Fisher Island Real Estate Market Report

There are currently  60  Fisher Island Condos for sale: (1 less than last month)

• Highest priced listing: $14,995,000 for an exclusive Oceanside (4 bedrooms / 5.5 bathrooms – pictured above)
• Lowest priced listing: $170,000 for a 1 bedroom / 1 bathroom at Marina Village
• Pending Sales: 5 (1 less than last month)
• Closed sales in June: 6 (3 less than last month)

The Fisher Island Condos sold in June were the following:

• 5251 Fisher Island Dr – Bayview Fisher Island Condos – listed at $3,850,000 and selling for $3,400,000
• 7600 Fisher Island Dr – Oceanside at Fisher Island – listed at $3,650,000 and selling for $3,250,000
• 4824 Fisher Island Dr – Bayview at Fisher Island Condos – listed at $2,550,000 and selling for $2,150,000
• 2143 Fisher Island Dr – Bayside Village – listed at $1,595,000 and selling for $1,350,000
• 15722 Fisher Island Dr – Seaside Villas – listed at $699,000 and selling for $480,000
• 42208 Fisher Island Dr – Marina Village – listed at $599,000 and selling for $400,000

The median sales price in June in Fisher Island was $2.07 Million compared to the median list price of $3.2 Million.  The distressed inventory in Fisher Island, like the rest of Miami and Miami Beach, is almost non-existent.  Out of the 60 Fisher Island Condos for sale, one 1 is a foreclosure and there are no short sales.  That one foreclosure in Fisher Island is located at Marina Village and it’s a 1 bedroom / 2 bathroom residence, listed for $369,500.

Contact us at FisherIsland@miamism.com