2016 Q4 Coconut Grove Summary

2016 Q4 Coconut Grove Summary 

 In Coconut Grove the inventory of homes for sale has been traditionally lower than the rest of Miami.  This area within Miami is so coveted that the demand typically absorbs the supply at a rapid pace. However, for this last quarter of 2016 the marketing time and negotiability increased as a result of a decline in sales. This is the Elliman report summary for Coconut Grove for the last quarter of 2016. 

Call me now to schedule a complete presentation of any project in Miami. For Reservation please contact me at 954.254.6085 or email me at JuanSolerRealtor@gmail.com Time is always of the essence but much more in Pre-construction. Don't miss this window of Opportunity!

To Buy, Sell or Rent Properties in Miami go to http://www.JuanSolerRealtor.com

     

2016 Brickell Summary

2016 Brickell Summary 

Looking at the numbers overall, Brickell’s 2016 trends show the market has slowed down.  Despite the fact that there were 643 sales in 2016, the amount of supply is still much higher than the current demand. 

If you’re a seller, you need to be prepared to wait longer for your sale, price your unit at market price from day one and realize you are facing a lot of competition given the current amount of supply.

Here’s the summary for Brickell in 2016:

643 registered sales transactions

The average sold price per SqFt in 2016 was $387

The average days in the market was 169 days

Units tend to sell 93% of their list price 

Currently there are 1,561 active units for sale with an average list price of $533 per SqFt

Call me now to schedule a complete presentation of any project in Miami. For Reservation please contact me at 954.254.6085 or email me at JuanSolerRealtor@gmail.com Time is always of the essence but much more in Pre-construction. Don't miss this window of Opportunity!

To Buy, Sell or Rent Properties in Miami go to http://www.JuanSolerRealtor.com

     

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