Coconut Grove Real Estate Sales July 2017

Coconut Grove Real Estate Sales July 2017

Below are the closed sales in Coconut Grove for July 2017. The average price per Square Foot for properties over $1,000,000 was $532.83 with a high of $1,034.09. They were on the market for an average of 142 days.

The average price per Square Foot for properties under $1,000,000 was $361.00 with a high of $532.05. Average days on the market was 67.

 

 

Lindsey Brown P.A
EWM Realty International
305.494.3398

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Coral Gables Real Estate Sales July 2017

Coral Gables Real Estate Sales July 2017

Below are the closed sales in Coral Gables for July 2017. The average price per Square Foot for properties over $1,000,000 was $420.45 with a high of $995.38. They were on the market for an average of 118 days.

The average price per Square Foot for properties under $1,000,000 was $347.84 with a high of $598.16. Average days on the market was 98.

 

 

Lindsey Brown P.A
EWM Realty International
305.494.3398

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South Coral Gables New Listing – 6617 Santona Street

Coral Gables New Listing – 6617 Santona Street

coral gables new listing - 6617 Santona Street

3 bedroom 2 bath open floor plan. This South Gables home has been completely remodeled with A+ finishes. Updated kitchen, baths, porcelain flooring, impact glass, newer roof. Excellent closet space & storage, large paved patio, 1 car garage. Walk to Publix, South Miami, Whole Foods & UM. Property being offered fully furnished.

Property Details

3 Bedrooms | 2 Baths | 1,730 Adj. SF | 5,433 SF Lot

http://www.6617SantonaStreet.com

For more information or to schedule a showing contact Lindsey Brown 305.494.3398 or Lindsey@lindseybrownrealestate.com.

Lindsey Brown P.A
EWM Realty International
305.494.3398

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Coral Gables Sales February 2017

Coral Gables February 2017 Closed Sales

Below are the closed sales in Coral Gables for February 2017. The average price per Square Foot for properties over $1,000,000 was $475.32 with a high of $740.32. They were on the market for an average of 199 days.

The average price per Square Foot for properties under $1,000,000 was $325.21 with a high of $420.35. Average days on the market was 69.

coral gables february 2017 sales

Take a look at Coral Gables January 2017 Real Estate sales here.

 

Lindsey Brown P.A
EWM Realty International
305.494.3398

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Coconut Grove Market Update February 2017

Coconut Grove February 2017 Sales

Below are the closed sales in Coconut Grove for February 2017. The average price per Square Foot for properties over $1,000,000 was $510.50 with a high of $752.30. They were on the market for an average of 133 days.

The average price per Square Foot for properties under $1,000,000 was $383.06 with a high of $666.44. Average days on the market was 118.

coconut grove sales february 2017

Take a look at January 2017 sales in Coconut Grove here.

 

 

Lindsey Brown P.A
EWM Realty International
305.494.3398

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Coconut Grove Townhouse – Listed & Under Contract in 3 Days!

Long story short – Coconut Grove Real Estate is Hot!! This townhouse is not only gorgeous, but located in one of my favorite neighborhoods in the Grove, Arboretum. Over a span of 3 days, multiple offers were received. If you are looking to sell in Coconut Grove, now is the time & we have Buyers…

Property Details

2 Bedrooms | 2.5 Baths | 1,700 Adj. SF | Asking $679,000

www.3153peachystreet.com

Contact us to get your property sold. Lindsey Brown 305.494.3398 or Lindsey@lindseybrownrealestate.com.

Lindsey Brown P.A
EWM Realty International
305.494.3398

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Coconut Grove January 2017 Sales

Coconut Grove January 2017 Sales

Below are the closed sales in Coconut Grove for January 2017. The average price per Square Foot for properties over $1,000,000 was $420.82 with a high of $489.77. They were on the market for an average of 81 days.

The average price per Square Foot for properties under $1,000,000 was $365.14 with a high of $585.16. Average days on the market was 116.

Coconut Grove January 2017 Sales

Take a look at the last quarter of 2016 Coconut Grove Sales for comparison.

 

Lindsey Brown P.A
EWM Realty International
305.494.3398

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Coral Gables January 2017 Sales

Coral Gables January 2017 Closed Sales

Below are the closed sales in Coral Gables for January 2017. The average price per Square Foot for properties over $1,000,000 was $449.67 with a high of $826.22. They were on the market for an average of 171 days.

The average price per Square Foot for properties under $1,000,000 was $323.69 with a high of $486.44. Average days on the market was 64.

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Take a look at the last quarter of 2016 Coral Gables Sales or 2016 Downtown Coral Gables Sales for comparison.

 

 

 

 

 

 

Lindsey Brown P.A
EWM Realty International
305.494.3398

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Don’t Forget to File your Homestead Exemption!!

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Now is the time to apply for 2017 Homestead Exemption! You must apply between January 1st and March 1st.

This will mean substantial savings on your real estate taxes. If you miss the March 1st, 2017, deadline to timely

file to any exemptions, Florida law allows you to “late file” for 2017 exemptions until mid-September 2017.

With the late application, you will need to file a statement explaining why you were unable to file a timely application.

The exact deadline date is stated in the Notice of Proposed Property Taxes, commonly known as the “TRIM Notice”,

which is mailed to all property owners in Miami-Dade County by the end of August.

GENERAL QUALIFICATIONS AND INFORMATION

To qualify for the Homestead Exemption, the applicant must at minimum meet the following criteria as of January 1st:

* Be a U.S. citizen or legal resident

* Own the property (i.e., have legal or equitable title).

* Occupy the property as his/her permanent residence (to the exclusion of all others),

* Only those qualified persons listed on the exemption application will receive the exemption benefits. If the property is held jointly by husband and wife, either party mayapply in person for the homestead exemption.

For more information go to: http://www.miamidade.gov/pa/exemptions.asp

YOU WILL NEED (ALL DOCUMENTS MUST BE IN YOUR NAME)

Proof of Ownership: any one of the following

  • A pre-printed application mailed to you by the property appraiser • A recorded warranty deed

Proof of Florida Residence: any one of the following

  • Florida vehicle registration,
  • Florida voter’s registration
  • Florida Driver’s License
  • Prior year’s IRS return or current W2 form
  • Bank statements and checking account registered at the property
  • Proof of payments for utilities at the property

1) YOU MAY RENEW/FILE BY MAIL

  1. a) Download the application form
  2. b) Complete the form
  3. c) Attach documents indicated on the form

Mail to: Property Appraiser, PO BOX 013140, Miami FL 33101-3140

2) YOU MAY FILE IN PERSON at one of the following locations, Monday-Friday 8 AM- 5 PM, (Except legal holidays. Monday January 18th, 2016 and February 15th, 2016)

Stephen P. Clark Center                                                       South Dade Government Center

111 NW 1st Street, Suite 710                                                          10710 SW 211th Street, Suite 207

Miami, FL 33128                                                                             Cutler Bay, FL 33189

YOU MAY FILE ONLINE @

https://www8.miamidade.gov/Apps/PA/PAOnlineTools/AutoOnlineFile/ExemptionOnlineMainMenu.aspx

If I may be of further assistance, please call me. It’s always a pleasure to hear from you.

Lindsey Brown P.A
EWM Realty International
305.494.3398

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What’s Happening in the Miami Dade Real Estate Market?

Many of us have expected to see some changes coming in the Miami Dade Real Estate Market in 2017. Prices have started to see a bit of pressure, but have overall remained steady through 2016:

 

The amount of inventory on the market is how we normally judge Miami Dade Real Estate trends. As shown below, Real Estate inventory in Miami is climbing. The basic law of supply and demand dictates our market pricing. As inventory increases and we see an oversupply, prices tend to fall pushing us towards a Buyer’s market. The general rule states that < 3 months of inventory = a Seller’s market, 3-6 month’s = a neutral market and > 6 month’s = a Buyer’s market. Miami is currently experiencing an adjustment  and it’s a good time for Buyer’s to take advantage while we are still seeing historically low interest rates.

 

Although I like to take a look at the entire picture, it’s difficult to judge the Miami Real Estate Market as a whole. There is always opportunity here and it’s important to break it down by submarket. You will see below that the average home on the market is currently over $1.3 Million. The average price sold is in the mid $400,000’s. This is a huge gap. Much of the increased inventory we are experiencing is in the luxury market. The $1 Million plus price range is the area that is currently a Buyer’s market and has seen downward pressure on prices. On the other hand we have experienced a lack of inventory in the market that most Miamians can afford <$500,000. Prices have continued to creep up here and single family inventory is closer to 3 months, which is healthy.

 

For a closer look at a specific neighborhood you can contact me at 305.494.3398 or Lindsey@lindseybrownrealestate.com.

 

 

Lindsey Brown P.A
EWM Realty International
305.494.3398

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