Archive for May, 2010
May 28th, 2010
By Gregory DiCarlo
There are currently 469 homes on the market in the Gables which accounts for just under $1 billion worth of Miami Dade County inventory. The homes range in price from $24.5 M to $210,000
Over the last 30 days, there have been 30 closed sales in the Gables totaling: $27,044,380. These new sales bring the total closed Coral Gables inventory for 2010 to: $176,126,562. This time last year the total sales were $121,754,523. This means that 2010 sales are out-selling 2009 by 44.6%, and with the pending inventory in Coral Gables at $83,101,985, it looks as though this year will continue to out-sell last year.
If you would like to schedule a listing presentation or if you are interested in purchasing real estate in Miami, please contact us via the contact tab at the top of the page or 305.329.7728
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May 24th, 2010
By Gregory DiCarlo
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May 21st, 2010
By Gregory DiCarlo
For more information on these and other homes or to schedule a listing appointment, please contact us via the contact tab at the top of the page or 305.329.7728
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May 19th, 2010
By Gregory DiCarlo
Year to date, $109,655,200 worth of inventory has closed on Miami Beach. This time last year only $46,565,150 had closed. This is a 135% out-performance of last year’s numbers!
In the last 30 days there has been quite a substantial amount of activity: 30 sales have closed totaling $19,655,200 worth of inventory. Also, there are currently 65 pending sales totaling $88,505,500!
2010 sales in Miami Beach have already surpassed 2009 sales by $63 million and with the additional pending inventory, there is huge potential for this year to be one for the books!
If you would like to schedule a listing presentation or if you are interested in purchasing real estate in Miami, please contact us via the contact tab at the top of the page or 305.329.7728
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May 12th, 2010
By Gregory DiCarlo
There are currently 10 homes on the market in Gables Estates ranging from $24.5 M to $4.8 M. There are an additional 5 vacant land listings ranging from $15.7M to $4.8 (60 Casuarina is listed as both a home and vacant land per the MLX.) In 2009 there were 8 closed sales totaling: $51,000,000. No sale have closed this year, however Coral Gables has closed 138 single family homes totaling $162,303,182 and 73 condo units totaling $26,984,137 for a total of: $189,287,319 in closed Coral Gables inventory for 2010!
If you would like to schedule a listing appointment or are interested in purchasing Real Estate in Miami please contact us by clicking the “contact” tab at the top of the page or 305.329.7728
Active Residential Listings:
| Location |
List price |
Beds/Baths/Year Built |
| 620 Arvida |
$ 24,500,000 |
7/10/2009 |
| 400 Arvida |
$ 22,500,000 |
8/13/2009 |
| 181 Leucadendra |
$ 17,900,000 |
7/8/2004 |
| 2 Casuarina |
$ 12,900,000 |
6/7/1966 |
| 115 Arvida |
$ 7,775,000 |
5/7/1968 |
| 50 Leucadendra |
$ 6,750,000 |
5/7/1990 |
| 90 Casuarina |
$ 6,500,000 |
7/8/2002 |
| 340 Leucadendra |
$ 6,499,999 |
4/4/1968 |
| 225 Leucadendra |
$ 5,600,000 |
4/7/1972 |
| 60 Casuarina |
$ 4,800,000 |
5/4/1964 |
Active Vacant Land:
| Location |
List Price |
Lot Size(Acres) |
| 20 Casuarina |
$ 15,700,000 |
2.55 |
| 2 Arvida |
$ 11,900,000 |
1.26 |
| 250 Casuarina |
$ 11,000,000 |
1.67 |
| 105 Arvida |
$ 7,500,000 |
.87 |
| 60 Casuarina |
$ 4,800,000 |
.87 |
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May 10th, 2010
By Gregory DiCarlo
There are currently 392 active listings in the city of Miami Beach totaling: $1,229,554,340
This past week there were 2 closings
- 4640 N. Bay Road closed for $2,750,000 ($1347.38 per square foot)
- 1836 Biarritz Drive closed for $285,000 ($187.13 per square foot)
These closed sales bring the total closed inventory for Miami Beach to: $104,695,200
2010 Miami Beach closings have already outsold 2009 by $61,704,950!
If you would like to schedule a listing presentation or are interested in purchasing a real estate in Miami, please contact us via the “contact” tab at the top of the page or 305.329.7728
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May 7th, 2010
By Gregory DiCarlo
Inventory is reducing in size as sales continue to hold!
Prices have decreased enough to begin to bring the real estate market back to a state of equilibrium. This will still take some time but we are certainly on our way! The current total inventory has finally fallen below $1 billion. The inventory in Coral Gables stands at 464 homes listed at approximately $999,225,074.
This year alone, Coral Gables has closed 134 sales totaling $159,267,182. This time last year there were only 87 closed sales totaling $91,693,197 . The County of Miami-Dade has closed 3,020 sales this year totaling $963,430,884
2010 home sales in Miami Dade county are outperforming 2009 sale by 17.8% so far!
If you would like to schedule a listing appointment or are interested in purchasing real estate in Miami please contact us via the “contact” tab at the top of the page. 305.329.7728
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May 5th, 2010
By Gregory DiCarlo
Our wonderful listing at 745 Santurce closed last Friday for $625,000($259.12 per square foot). The home is a 3 bedroom, 2 bath, 1 car garage, 2412 square feet all situated on a 10,000 square foot lot. The home was updated in the 90’s and has been well maintained since. Santurce is located in the south Gables bordering the Ponce Davis area.
To schedule a listing presentation or if you are interested in purchasing a home in Miami, please contact us by clicking the “contact” tab at the top of the page. 305.329.7728
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May 3rd, 2010
By Gregory DiCarlo
This stunning 2.75 acre ocean front compound was just purchased for $14.1. The home offers a two story boat house with protected dockage for several vessels, tennis court, guest accommodations, two story air conditioned garage for 20+ cars, Generator and chiller that supplies power and A/C for all structures and a home theater for 22 people. 6 structures total with close to 30,000 square feet. This truly was a great buy!
For more information on homes like this one or to schedule a listing presentation, please contact us at 305.329.7728 or by clicking the “contact” tab at the top of the page. For real estate investment acquisitions please contact Gregory DiCarlo at 305.329.7780
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