This week I did an analysis of the Coconut Grove, Coral Gables, and Ponce/Davis non-waterfront markets between $1,000,000-$5,000,000. The chart to above shows we have grown in inventory by about 18% over the past two years. In turn, our sales are up about 27% over that same time period and pending sales are up 30%. This graph is a direct reflection of what we are feeling in the market. The market is strong, with a good amount of activity, but the increase in inventory has taken what was a seller’s market a year or more ago, to a much more balanced market this year. It is clear that the high-end market is still very active. For more information on this market or any of your other real estate needs, please contact me or visit my website: Luxury Miami Real Estate.
My focused dedication as a realtor in my home town of Miami for over 20 years, consistently puts me at the top of my field. Whether you’re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.
As the #3 Realtor company-wide at EWM in 2012 with over $55 Million in sales, my focus is on Coral Gables, Coconut Grove, Pinecrest and South Miami — specializing in luxury real estate and waterfront properties. Call me today and let’s get started!