Archive for the 'Miami Beach' Category

Fairchild Artists & Mother’s Day Brunch or Tea

IconWebView original local artists paintings from “Fairchild Artists in Bloom Exhibition 2012″ , going on Thursday through Saturday, at the Exhibition and Sale in the Garden House http://www.fairchildgarden.org/events/.  Fairchild art instructors and students will transform the Garden House into a gallery showcasing more than 150 original oil and acrylic paintings, watercolors and botanical illustrations.

Mother’s Day Lunch, Sunday, May 13th from 10:30-2:30 or Afternoon Tea, Sunday at 3:00PM and tour the gardens afterwards.

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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.

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

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Miami Real Estate Update and Ron Shuffield with an EWM Market Update

Yesterday our company President and CEO, Ron  Shuffield, released an Update on the Real Estate market that provides excellent information and insight. I have attached his video to this post along with my own update on the Coral Gables, Coconut Grove and Miami Beach markets.

If you have any questions or are interested in selling your home or purchasing a new one please contact us at 305.329.7728

TO SEE RON SHUFFIELD CLICK HERE

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Miami Beach Maket Brief

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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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Miami Beach Update: 2010 Sales up $63M from 2009

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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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Miami Beach: Market Update

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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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Miami Beach Market Update

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Over the last 30 days there were 13 closings  ranging from $3.5 M ($586 per square foot: water-front) to $126,900 ($329) for a total of $16,640,400. These sales brought the total closed inventory on Miami Beach this year to: $93,479,950!

There are currently 391 active listings on Miami Beach from $29 M to $175,000. Of these listings:

- 26 (6.6%) are priced over $10 M with an average list price per square foot of $1,509

- 266 (68%) are priced over $1 M with an average list price per square foot of $805

-125 (32%) are priced below $1 M with an average list price per square foot of $307

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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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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Is the Recession Over??

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Too early to call it! According to an article published in The New York Times, a committee of economists formed in 1978 are erring on the side of caution when it comes to declaring an end to this recession. This committee has designated start and end dates of economic contractions for every business cycle since 1854. The article is quoted as saying: “this time,the committee members say, the evidence is not so easy to decipher.” One committee member, Mr. Frankel an economist at the Harvard Kennedy School, posted a blog last week saying “The recession is over.” Robert E. Hall of Standford made the statement “The odds favor the view that a true expansion has begun and that the recession beginning in 2007 is over.” He also said, “one cannot totally rule out the unlikely possibility that the economy might resume contraction again soon.” This idea was supported by Martin S. Feldstein of Harvard. In January he warned of a double-dip recession and said “there is a significant risk the economy could run out of steam sometime in 2010.” To see the full article CLICK HEREThe New York Times

From the real estate perspective here in Miami-Dade County, there have been 2,259 closed sales this year which equates to $762,949,762 in sales. There are another 4,402 pending sales equal to $1,161,317,469. These are the numbers for one county in all of the United States. On a personal level, I am seeing prices drop to a level where consumers are finally comfortable to buy and more buyers that are “on the fence” are making their move. I think the real estate sector for the first quarter of the year has made an aggressive start, and so far the second quarter is looking  just as forceful!

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