March 28, 2013
A Pinecrest tri-level contemporary home just closed in Devonwood for $1,200,000. Comtemporary architecture is red hot right now and this 5 bedroom, 4.5 bath, 1974 total renovation is no exception. It sold in just under two months for 97% of list price at $269/sq ft. Want to learn the difference between Modern and Contemporary architecture? Check out my blog here. I am […]
March 26, 2013
Three months ago, I reported that sales in the Coral Gables community of Snapper Creek Lakes have stalled. This is a very desirable gated community yet, it has been six months now since there has been a sale. There are currently two properties under contract and eight homes for sale. Also on the market since last October is an oak laden lot around three quarters of an acre listed […]
March 11, 2013
Gables Estates, the privately gated waterfront community east of Old Cutler Road, between 80th St and 92nd St. currently has 12 homes for sale. Most of these residential estates have been on the market for only two to three months, suggesting that luxury waterfront property is selling in Miami. Properties for sale in this exclusive community range between a ten bedroom, […]
March 4, 2013
Gables by the Sea, a lovely Coral Gables community on the water, has fifteen homes for sale as of March, 2013. The most expensive listing is a 6 bedroom, 5 bathroom contemporary beauty that has 7,765 SF with fabulous views of Biscayne Bay, offered at a list price of $8,999,000.00 (a whopping $1,159/SF). The lowest […]
February 24, 2013
Market reports say there is little inventory to sell these days. Well, its true. Pinecrest has 128 homes currently on the market. They range in price from a 3 bedroom, 2 bath, short sale in SW Pinecrest for $395,000.00 on a 3/4 acre lot to an 8 bedroom 9 bath new Italianate estate on over […]
February 23, 2013
The Village of Pinecrest had a very good year with 223 homes sold for just under $217,000,000.00 in total sales. Sales ranged from $220,000.00 to $4,500,000.00 with an average sale price of $972,821.00 and an average square foot (SF) price of $232.00. In the chart below, Pinecrest is divided into approximate quadrants to evaluate the statistical differences within […]
February 15, 2013
What is Going on in Snapper Creek Lakes? Sales have slumped in this Coral Gables enclave off Old Cultler Road. There are currently 12 properties for sale listed between $1,999,000 and $10,850,000, but the last property to close was in September, 2012 and there are no pending sales. These luxury properties with acreage, in a beautiful location, have had no buyers […]