Real Estate Market Report for South Dade

Real Estate Market Report for South Dade.

Real Estate Market Report For Brickell, Coral Gables, Cutler Ridge, Kendall, Miami, South Miami, Sweetwater, Village Pinecrest.

This is the first market Report for 2009 please be advice this report depicts the Real Estate Market for the last month of 2008. The numbers may be different because as you know it was holiday season and the Real Estate Market is typically a slightly more silent than normal within the last months of the Year.  

 

Brickell Condos  

  • There are currently 554 Condos in Brickell
  • Highest Price listing is 4,900,000 located in the building called the Four Seasons
  • Lowest Priced Listing is for 95,000 located in The Club at Brickell Bay
  • Pending Sales 62 condos Highest priced listing 899,000 in the Jade Residences
  • Closed Sales in Dec 2008 15 condos ( Highest priced 910,000 in the Jade)

AS we know today Brickell is black  listed from most of the financial institutions. Most of the buyers came in with a very high down payment or a completely cash transaction. The Month of Dec showed 15 new close sales in the Brickell area. The big question we should asked ourselves who are purchasing and why? IF you want to search for Condos in Brickell note that Brickell is not its own city it is part of Miami. But to narrow your search you can include this zip code 33131.

Coral Gables Homes

  • There are currently 550 homes in Coral Gables
  • Highest Price listing is 24,500,000 ( 620 Arvida Pw)
  • Lowest Priced Listing is 150,000 ( 1993 red rd)
  • Pending Sales 53 homes highest priced listing is 7,000,000
  • 18 Closed Sales in the month of Dec. The highest priced 2,700,000 7370 vistalmar st.

 

Cutler Ridge Homes

  • There are currently 49 homes in Cutler Ridge
  • Highest Price listing is 389,000 ( 18610 sw 97 ct )
  • Lowest Priced listing is 76,900 ( 9971 sw 198st)
  • Pending Sales 6 highest priced listing is 290,000
  • 5 closed sales in the month of Dec. The highest priced 250,000 19710 Bel aired r

Kendall Homes                                   

  • There are currently 23 Homes in Kendall
  • Highest Price listing is 2,949,000 ( 11750 sw 88 ave)
  • Lowest Priced listing is 399,000 9411 sw 112 st
  • Pending Sales 1 highest Priced listing is 11355 sw 95 ave
  • There weren’t any closed sale in the month of Dec in Kendall.

Miami

  • There are currently 604 lisitngs in Miami
  • Highest Price listing is 9,500,000 ( 1910 s bayshore ln
  • Lowest Price listing is 74,900 ( 2340 nw 105 ter)
  • 104 Pending Sales highest price listing 5,500,000 ( 4790 sw 78 st )
  • 11 closed sales in the month of Dec. The highest Priced 1,799,000 ( 3821 El Prado Bl)

South Miami

  • There are currently 99 listings in South Miami
  • Highest Price listing is 2,500,000 ( 6700 sw 67 street)
  • Lowest Priced listing is 69,000 ( 6461 sw 59 ct)
  • 10 pending sales highest price listing is 1,349,000 ( 6250 sw 79 st )

5 Closed Sales in the month of Dec the highest closed sale was for 1,200,000 the lowest closed sale was for  164,000 for home 4024 sw 61 ave

Sweetwater

  • There are currently 34 listings in Sweetwater
  • Highest Priced home is 436,800 ( 11609 sw 7 te)
  • Lowest Priced home is 60,000 ( 11028 nw 5 st)
  • 1 pending sale offered at 199,000 ( 11248 sw 6 st)
  • 1 closed sale in the month of Dec the home closed for 198,000 ( 521 sw 114ct)

Village of Pinecrest

  • There are currently 267 listings in Pinecrest
  • Highest Priced home is for 6,999,000 ( 6500 sw 98 st)
  • Lowest Priced home is 290,900 ( 12900 sw 82 av)
  • 31 pending sale offered at 3,350,000 ( 9681 sw 60 ct)
  • 8 closed sale in the of Dec the home closed for 3,100,000 ( 9510 sw 63 ct)

This Market report Is only for single family home with the exception of Brickell.  IF you would like to know the Market Report for condos in any area please email us or contact us. The market report depicts what the condition and trend is of our Real Estate Market.

Would you like a Market Report for a specific area? Contact Global Market Realty today.  Search the MLS for foreclosures in Miami .  Do you want more information on a second home or a vacation home please contact us at                                                                       305 364 0037                                                                                           

Looking for a home in Miami ? You will find everything you want in the Miami area. The city of Miami is a great place to live and is served by the Dade county School District.

 Read Also

 

home value

search listed properties

This entry was posted in Homes. Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

  • test test test

    khdih idhboidnpofsdfd