July 31, 2013

Pinecrest Real Estate – The Elysium

The Elysium is a walled community off 57th Ave. (Red Road) and 112th Terrace with 27 homes.  Residences in this Pinecrest community range from 2 – 7 bedrooms with 2,360 – 8,144 square feet of living area and  lots from approximately 1/2 acre to 1.5 acres.   Homes for sale in The Elysium range from $600,000 […]
July 29, 2013

Just Listed in Coconut Grove

This lovely 3 bedroom, 3.5 bath home for sale in North Coconut Grove has land – a little under half an acre of open green space on a quiet street.   It is vintage Coconut Grove, built in 1951, but the insides no longer reflect that era. It is move-in ready, with nice entertainment areas […]
July 22, 2013

116 Homes for Sale in Pinecrest

As of June 20, 2013, there are 116 residential properties for sale in The Village of Pinecrest listed between $399,000 and $4,900,000. THE LOW – The lowest priced listing is a 4 bedroom, 2 bath, 2,323 square foot short sale on a third of an acre, listed for $399,000 or $172/square foot. THE HIGH – […]
July 19, 2013

Gables Estates 2nd Quarter Sales

Three residential properties sold during the 2nd quarter in the luxury waterfront gated community of Gables Estates, located off Old Cutler Road in Coral Gables. The exquisite acre estate at 555 Arvida Parkway was  listed for $7,995,000 and sold for $7,000,000.  This Mediterranean home, built in 1990, is 5 bedrooms, 6.5 baths with 8,500 square […]
July 15, 2013

Palmetto Bay 2nd Quarter Sales 2013

Palmetto Bay is selling like hot cakes.  Eighty residential homes closed between April 1 and June 30, 2013 compared to 55 homes sold in the first quarter. That’s a 31 % increase.  Check out the graph to see the price breakdown.  The majority of homes sold between $400,000 – 449,000. The lowest sale was a […]
July 10, 2013

Two Estates Sell in The Moorings – Coconut Grove

The Moorings, located in the heart of Coconut Grove, just off Main Highway, is an exclusive waterfront gated community with only 41 homes.  Two of these homes just sold in the last week. 3885 S. Moorings Ct. sold for $2,900,000 ($461/square foot).  This Bermuda Colonial home is 5 bedroom, 5.5 bath  with 6,288 square feet […]
July 9, 2013

Comparison of 1st Quarter and 2nd Quarter Sales in Pinecrest

Pinecrest sales were robust in the second quarter compared to the first.  Eighty six homes sold in the second quarter while only 34 homes sold in the first. Take a look at the charts below to compare the high, low and average sales in the Village of Pinecrest for the first and second quarters. Except […]
July 8, 2013

Village of Pinecrest – 2nd Quarter Sales 2013

In The Village of Pinecrest, 86 residential properties sold from April 1 – June 30, 2013 with a total volume in sales of $86,736,675.00. Only six properties that sold were under $500,000, but 55 sales were between $500,000 and $999,999.  In the luxury market, 25 properties sold over $1,000,000 as follows:  there were ten closed […]
June 25, 2013

Price Per Square Foot Surges in Gables by the Sea

There has been an astounding increase in the average price per square foot of homes for sale in Gables by the Sea for the second quarter of 2013.  Thirteen listings on the market are averaging an asking price of $589/square foot. Compare this number to the seven closed sales averaging only $316/square foot.  That’s a […]