Episode 3 · Transaction Data, Bidding Wars & Valuations (Client Access Only)
North Bay Village Home Prices, Days to Sell and Supply
North Bay Village is a small village of bay islands where almost every home for sale is a condo and most sellers come down from the first asking price. This guide shows what homes sell for, how far closing prices sit below asking prices, how long a contract takes and how many homes are for sale. It also says where the numbers are thin, so you can judge each one.
💡 Key Market Takeaways & Executive Summary
- 44.6% of sales followed more than one sale attempt, and for those sales the median time from the first sale listing to a contract was 534 days, against 97 days for the listing that finally sold.
- The median sale price fell 4.2% over the latest 52 weeks while the median price per square foot rose 1.3%, so the change comes from which homes sold and not from a move in prices.
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Proprietary Transaction Data & Micro-Comparables
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