December 13, 2013

Palm Island Home Sells for $7,500,000

It’s been six months since there has been a sale on Palm Island in Miami Beach.  One Twenty Palm Ave. recently sold for $7,500,000 or an impressive $1,161 a square foot. Built in the 1930’s, this 6 bedroom, 6.5 bath waterfront estate , with  6,461 square feet of living space, retains its old world charm with modern updates. Magical Palm Island Palm […]
November 12, 2013

Four Reasons for Flat Home Sale Prediction for Next Year

The nationwide outlook on residential home sales for next year is steady, but with rising prices due to a low inventory of homes for sale. The National Association of Realtors (NAR) predicts this sharp reversal from the past two years in which existing home sales increased from the year before. What’s Bogging Down the Sales? Lack of […]
November 7, 2013

October Home Sales in South Coral Gables

Snapper Creek Lakes, Gables by the Sea, Old Cutler Bay Estates and Pine Bay Estates were the only luxury communities in South Coral Gables with closed sales in October, 2013.  A total of five homes sold along Old Cutler Road, South of Kendall Drive (SW 88th St). The chart below lists the five properties that sold, […]
November 4, 2013

October Home Sales in Pinecrest

October has been a sluggish month for single family home sales in the Village of Pinecrest.  Only seven homes closed. The average sale was a 5 bedroom, 4 bath home, with 5,020 square feet of living space, that sold for an average price of  $1,126,071.00 or $222 per square foot. On the bright side, however, there are 41 […]
October 18, 2013

Miami Heat’s Chris “Birdman” Anderson Buys Home in Pinecrest

The Birdman is roosting in Pinecrest.  Gossip Extra is reporting that Chris Anderson just bought a five bedroom, five bath home for $1.89 million in the Collins Acres area of Pinecrest. The main house, 7,505 square feet with marble floors throughout, includes a large living room, enormous family room with a fireplace, a fully equipped party-sized kitchen, and a […]
October 7, 2013

Pinecrest 3rd Quarter Report 2013

In the Village of Pinecrest, 72 single family homes sold in the third quarter of the year (July 1 – September 30) with a total sales volume of $77,819,500 .  Of these, 46 homes were under $1,000,000 and 26 homes were over $1,000,000. The pie chart depicts sales in increments of $500,000. Fifty six percent of homes […]
September 30, 2013

Pinecrest Homes for Sale

There are 115 single family residential homes for sale in the Village of Pinecrest. Take a look at he graph which represents price range intervals of $200,000 up to $2,000,000, where the price range interval shifts to $500,000.   Sixty nine percent or 79 of these homes are over $1,000,000.  The most active price range, however, […]
September 27, 2013

EWM Realty Dominates High-End Residential Sales

EWM is the #1 brokerage in total sales of million dollar-plus residential apartments and homes in Miami-Dade County for the past year.  The Southeast Florida Regional Multiple Listing Servie (MLS) reported this data as of August 30, 2013. During the month of August, EWM reported 41 transactions in excess of one million dollars compared to […]
September 23, 2013

Luxury Homes for Sale in South Coral Gables

There are 55 homes for sale in the Southeastern corridor of Coral Gables, thirty five of which are waterfront. Nine homes are currently under contract and eight of these are waterfront. In the last three months, ten homes have sold in South Coral Gables, nine of which are in the luxury waterfront communities of Gables […]