Home Sales in Florida Increase for 3rd Qtr.
Categories: Real Estate News, South Florida Market Stats
hiSales of existing single-family homes in Florida rose 33 percent in the third quarter of 2009. According to the Florida Association of Realtors this marks the fifth consecutive quarter that Florida has seen higher existing year-to-year home sales. A total of 44,345 existing homes sold statewide in 3Q 2009; during the same period the year before, [...]
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Inventory Drops as Home Sales Rise in South Florida – Zip Code 33176
Categories: Real Estate News, South Florida Market Stats
hiSince the start of 2009, inventory of residential homes has dropped steadily. There are fewer homes on the market, and more homes are selling. The number of home sales has tripled since the start of the year in Miami’s zip code 33176… and the number of available homes has dropped notably. Low interest rates certainly [...]
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September data for Pinecrest, Palmetto Bay and Cutler Bay
Categories: Real Estate News, South Florida Market Stats
hiSeptember numbers are in. Here’s a quick comparison of how September 2009 compared to September 2008.
In Miami-Dade County, there were 46.2% fewer single family homes for sale at the end of September 2009 than there were at the end of September 2008, and there were 33.7% more sales recorded in September 2009 than there were in September 2008. The [...]
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Miami Dade County Shows A Significant Drop of 35.4% In Inventory In The Last 15 Months!!
Categories: EWM In the News, Real Estate News, South Florida Market Stats
hiThis Is A Big Change! It shows that people are buying because the prices reflect an understanding by the sellers of what the public will pay. During this period properties sold increased by 24.8%. Prices have met the market.
A decline in inventory of properties for sale combined with an increase in properties sold will force [...]
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High End Condos in Coconut Grove
Categories: Coconut Grove, Real Estate News, South Florida Market Stats
hiThere are 50 high end condos currently for sale in Coconut Grove. By high end I am referring to those priced $1,000,000 and up. For the most part, that price range will get you Bay views and 3 bedrooms & 3 baths. Obviously the more you move up in price, the larger the size and [...]
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Gables Estates Update
Categories: Coral Gables, Real Estate News, South Florida Market Stats
hiActive & Pending In Gables Estates
Address
List Price
Bedrooms/Baths/H. Baths
11 Casuarina
$ 49,500,000
8/11/2
620 Arvida
$ 24,500,000
7/7/3
181 Leucadendra
$ 19,995,000
7/7/1
220 Leucadendra
$ 7,950,000
6/6/1
115 Arvida
$ 7,775,000
5/6/1
601 Arvida
$ 6,900,000
7/7/2
460 Leucadendra
$ 6,500,000
PENDING SALE
7/7/1
225 Leucadendra
$ 5,600,000
4/4/2
60 Casuarina
$ 4,999,999
——-
9000 Arvida
$ 3,995,000
6/5/1
Closed Sales In Gables Estates 2009
LOCATION
LIST PRICE
SALE PRICE
CLOSING DATE
8585 Old Cutler
$ 15,000,000
$ 12,900,000
04/01/09
431 Arvida
$ 6,950,000
$ 5,000,000
05/20/09
50 Leucadendra
$ 6,750,000
$ 4,300,000
04/30/09
100 Casuarina
$ 6,500,000
$ 5,500,000
07/17/09
455 Casuarina
$ 6,000,000
$ 4,650,000
07/01/09
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Updated Cocoplum Active, Pending & Closed Listings
Categories: Coral Gables, Real Estate News, South Florida Market Stats
hiACTIVE & PENDING
Address
List Price
Bedrooms/ Baths
325 Cocoplum Rd
12,000,000
6/5/1
6935 Prado
8,495,000
6/6/1
7000 Prado
8,495,000
5/5/1
17 Tahiti Beach
8,000,000
4/5/1
146 Isla Dorada
7,999,000
8/6/2
23 Tahiti Beach
7,800,000
4/3/1
320 Dolias
6,395,000
8/9/1
PENDING SALE
277 Marinero
5,900,000
6/6/1
355 Cocoplum
5,500,000
4/4/1
140 Paloma
4,999,000
5/5/1
285 Carabela
4,990,000
6/8/1
287 Carabela
4,850,000
6/8/1
200 Costanera
4,775,000
6/6/1
470 Costanera
4,495,000
5/7/1
231 Costanera
4,395,000
6/6/1
8015 Los Pinos
4,200,000
7/6/1
PENDING SALE
144 Isla Dorada
3,999,999
7/8
181 Vera
3,999,500
6/6/2
115 Paloma
3,995,000
6/7/1
128 Paloma
3,985,000
7/6/1
7270 West Lago
3,890,000
6/6/1
8011 Los Pinos
3,849,000
5/4
332 Costanera
3,845,000
5/5/1
7010 Mira Flores
3,800,000
6/5/1
8202 Los Pinos
3,500,000
5/7/1
194 Coaba
3,500,000
7/6/1
8215 Los Pinos
3,400,000
5/5/1
386 Isla Dorada
3,200,000
6/6/1
115 Malvas
3,199,000
7/8
8291 La Rampa
3,499,000
5/5/1
PENDING SALE
154 Isla Dorada
2,995,000
6/6/1
129 Rosales
2,995,000
5/4/1
157 Paloma
2,950,000
6/6/1
279 [...]
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SOLD – 836 Majorca Avenue, Coral Gables
Categories: Coral Gables, Real Estate News, Selling Real Estate, South Florida Market Stats
hi3 Bedrooms – 2 Baths – 2,241 ADJ SQFT – $708,000
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Sales and Pending Sales Up…Inventory Down
Categories: Real Estate News, South Florida Market Stats
hiThe numbers tell the story…. Broward and Miami-Dade residential inventories continued to decline during July, according to data from the Multiple Listing Service (MLS). Inventories dropped from 74,966 total homes and for sale in July 2008, to 49,058 in July 2009, a 35% decrease in just 12 months. During the same time-frame, sales increased 47% [...]
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Miami Real Estate
Categories: Real Estate News, South Florida Market Stats
hiIs the Real Estate Market turning around?
Many signs point to stabilization of Real Estate prices, signaling a healing in the housing crisis and an end to the steepest price decline in years. Below I have listed some of the positive and negative factors influencing the market.
POSITIVE FACTORS:
The August 25th Case-Shiller/S&P price index showed its second [...]
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