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

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

   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

• 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.

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

For more information on these homes please contact us at 305.329.7728 or click the “contact” tab located at the top of the page.

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 CLOSED SALES 2010:

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This magnificent new construction estate listed for $6.250 M located within the exclusive gates of Cocoplum closed July 1st for $4.5 M. The estate offers 6 bedrooms, 6 full baths, 1 half bath, 4 car garage, 9,470 square feet under air living space, wine cellar, 2 staff quarters, media room, bar, 3 fireplaces, summer kitchen and library.

For more information on homes in Cocoplum, please contact us via the contact tab located at the top of the page of 305.329.7728

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Over the last 60 days there have been 31 closed sales totaling $73,787,921. These sales included the highest sale in Miami Dade county this year: 88 La Gorce closed for $16M on June 11th. The total closed sales in Miami Beach have reached: $182,008,121. This is a huge out performance of last year considering that this time last year only $92,010,425 in sales had closed.

There are currently 385 active listings in Miami Beach ranging from $29M to $149,900.

 Number of listings priced over $10 million: 20

Number of listings priced over $1 million: 244

For more information on buying or selling real estate in Miami Beach please contact us via the contact tab at the top of the page or 305.329.7728

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Coral Gables sales are continuing to hold strong as summer progresses. There were 30 sales in the last 30 days ranging from $2.750M to  $265,000. These closed sales bring the total closed inventory in Coral Gables to $188,325,382. This number is well out-performing last years sales, and with another $84,026,300 in pending sales, the pace of sales is not showing signs of slowing.

The active inventory has been decreasing over the past few months as well. There are currently 460 homes on the market in the Gables totaling just over $982 million.

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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Beautiful Gables home on quiet tree lined street. Large open rooms seeped in natural light, wood and tiled floors, new wood & stainless steel kitchen, split bedroom plan, expansive family room with high beamed ceiling, overlooking a charming English style garden and patio with lots of flowering shrubs! Detailed mill work & crown moldings in living and family rooms, bright, bold colors, side entry 2 car garage.

671 Biltmore Way: PENDING

Biltmore Village:  Beautiful private building with only 16 units, one block from the Granada Golf course and walking distance to Miracle Mile. Spacious interior – over 1,600 sf and a large private patio, approx, 300 square foot Eat-in kitchen with natural cherry wood, granite counters, stainless steel appliances. Split bedroom plan, walk-in closets.

2889 McFarlane #1404: PENDING

Click here to view the embedded video.

 Bay & park views! Architectural Digest quality renovation in the Sonesta. NY style pied a terre with spectacular balcony sunsets, designer details, cherry wood finishes & Scavolini gourmet kitchen accented with charcoal porcelain tile floors. Commercial grade hurricane impact doors & all the features of a full service condo. Maintenance fee includes: A/C, hot water, cable, hi-speed internet, parking, pool, gym, restaurant & bar, valet & security.

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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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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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