Archive for the 'Gables Estates' Category

Coral Gables Closed Sales and Pending Sales

Keeping The DiCarlo Group clients apprised, here are  year-to-date sales for Coral Gables Closed/Pending Sales: 

371            total single family homes sold to date in 2011

  • highest priced sold property to date in 2011  $9 mil
  • lowest priced sold property to date in 2011    $181 K
  • number of waterfront sold to date in 2011          38

RedRoadOldCutlerBay

181         total condos/townhouses sold to date in 2011

  • highest priced sold condo/TH to date in 2011 $1.190 mil
  • lowest priced sold condo/TH to date in 2011    $35 K

MenoresGablesClub

   84               total Pending single family homes, year-to-date for Coral Gables 

  12                  total condos/townhomes pending to date in 2011

             Ask me how the market is!  (305)332-3256

Sheryl

*from the Miami Dade Realtor Association MLX

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Home Sales and Pending Home Sales

In an effort to give The DiCarlo Group clients the most recent and relevant information, we have researched informative articles with current facts and trends to help make your real estate decisions. 

  • Did you know in the past year that we had the largest number of sales in the history of the business? 
  • That international buyers purchased over $82 Billion of real estate in the U.S., and Florida captured 31% of those sales?  Their preferred location to buy?  Miami, Miami Beach, and Ft. Lauderdale, and 86% paid cash!

Please click here for a short report from chief economist, Lawrence Yun, National Association of Realtors, regarding the salability of the real estate marketplace.

Below are graphs and charts for Home Sales year to date.

HomesSalesblog101111

 

HomeSalesblog2

Ask me how the market is!  (305) 332-3256

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Gables Estates: New Construction Estates

Here are two new construction homes in Gables Estates that are sure to impress the most discerning buyers:

 Arvida $16.975 M

8 bedrooms, 9 full baths, 4 half baths, 13469 square feet, 180 feet on the water with direct ocean access (no bridges).

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Arvida $22.9 M

8 bedrooms, 10 full baths, 2 half baths, generator, elevator, wine cellar, 14087 square feet

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To inquire about these or other luxury Miami homes, please click here.

 

 

 

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Gables Estates Update

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ACTIVE RESIDENTIAL HOMES:

Location List Price Bedrooms Baths Half Baths SqFt YR Built
620 ARVIDA PW $24,500,000    7 7 3 16435 2009
400 ARVIDA PKWY $20,500,000    8 9 4 13469 2009
181 LEUCADENDRA DR $17,900,000    7 7 1 14946 2004
2 CASUARINA CONC $12,900,000    6 6 1 11183 1966
340 LEUCADENDRA DR $6,499,999    4 4 0 4858 1968
50 LEUCADENDRA DR $5,950,000    5 6 1 6926 1990
225 LEUCADENDRA DR $5,600,000     4 5 2 7126 1972
115 ARVIDA PW $4,999,000    5 6 1 5980 1968
705 ARVIDA PW $4,450,000    4 3 0 4287 1968
60 CASUARINA CONC $3,599,222    3 4 0 4595 1964

ACTIVE VACANT LAND:

Location List Price   Land   Area in      Acres
7 ARVIDA PARKWAY $16,500,000    1.26
8525 Old Cutler Road $13,500,000    3.5
2 ARVIDA PARKWAY $11,900,000    1.26
250 CASUARINA CONCOURS $11,000,000    1.43
105 ARVIDA PW $7,500,000    0.87
100 LEUCADENDRA DRIVE $5,500,000    0.8
115 ARVIDA PW $4,999,000    0.75
705 ARVIDA PW $4,450,000    1.05

CLOSED SALES 2010:

Location List Price Sale Price
500 ARVIDA PW $12,900,000 $10,500,000
20 CASUARINA CONCOURSE $15,700,000 $10,650,000

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Coral Gables Market Update

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Gables Estates Update

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 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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Coral Gables Market Brief: Gables inventory falls below $1 Billion

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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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Coral Gables Market Brief

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As of today, there are 478 active listings in Coral Gables totaling $1,002,575,374 with an average list price per square foot of $431. Year to date there have been 124 closings totaling $146,297,182

Inventory Break-down:

- 51% of active listings are priced over $1 M

-49% of active listings are priced below $1M

6.5% of active listings are new construction (2008 or newer)

For more information on purchasing a home in Miami or if you would like to schedule a listing presentation, please contact us at 305.329.7728

 

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Coral Gables Market Brief

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Over the last 7 days there have been 6 closed sales ranging from $3,490,000 to $535,000. This brings the total closed inventory in Coral Gables to $128,332,182! So you have something to compare that number to; this time last year the total sales were at $82,024,897. As we have progressed into the 2nd quarter of the year, the closed sales continue to remain steady. There is some concern over the government’s tax credit exit however, home prices are now reaching a stage where we can start to hopefully see a nice inventory reduction!

If you would like to schedule a listing appointment or are interested in purchasing a home in Miami, please contact us at 305.329.7728 or by clicking the “contact” tab at the top of the page.

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The DiCarlo Group: Top Producers, Featured in the Miami Herald and Sun Sentinel

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On April 14th, The DiCarlo Group was honored to receive the EWM Chairman’s Club award as one of the Top Producers in South Florida! Thank you to all of our wonderful clients that made this possible!

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