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

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 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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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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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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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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