THE CHERRY GROUP, THE COCONUT GROVE REALTORS, PRESENTS ITS HOME MARKET NEWSLETTER

Coconut Grove Home Market Newsletter presented by The Cherry Group:
Closed Sales, August & September 2011

3333 Poinciana Ave - 4/ 4/1/2 + Pool 6573 sq ft 10,800 sq ft lot $3,440,000. $523 sq ft (Wtrfrnt)
4110 Kiaora Ave- 5/6 + Pool 6323 sq ft/56,628 sq ft/ lot $2,425.000. $384/sq ft
3350 Poinciana Ave- 5/5/1/2 + Pool/ 5085 sq ft/11737 sq ft lot $2,400,000. $472/sq ft
3950 Wood Ave- 5/5 + Pool / 7111 sq ft/20,700 sq ft lot $2,200,000. $253/sq ft
3740 De Garmo Ln- 5/5 = pool 4550 sq ft /11138 sq ft lot $1,993.900 $438/sq ft
3618 St Gaudens Rd- 4/3/1/2 + Pool/ 3440 sq ft/ 11,925 sq ft lot $1,800,000. $523/sq ft
3569 N Bayhomes Dr- 6/6 3632 sq ft/ 20606 sq ft lot $1,400,000 $385 /sq ft
3835 Park Ave 6/6/1 + pool 5514 sq ft/ 11774 sq ft lot $1,305,000 $236 sq ft
4170 Raynolds Ave- 4/3 + Pool/ 3439 sq ft /7000 sq ft lot $966,750 $287/ sq ft
3470 Moorings Way- 4/4 + pool/ 3510 sq ft/ 11700 sq ft lot $960,000 $273 sq ft
2457 S Bayshore Dr 3/4 + pool/ 3143 sq ft/ 4916 sq ft lot $1,125,000 $358 sq ft
2690 Hilola St 4/3 + pool/3916 sq ft/8250 sq ft lot $1,000,000 $255/sq ft
3863 Douglas Rd 4/4 + pool/ 3892 sq ft/ 16800 sq ft lot $835,000/$215.00/sq ft
4243 Lennox Dr 3/2 + pool 3892 sq ft/13125 sq ft lot $835,000/$360.00 /sq ft
4161 Raynolds Ave 4/3 + pool 2512 sq ft/5740 sq ft lot $720,000/$286 sq ft
3909 La Playa Bl 3/3 + pool 1680 sq ft/ 9600 sq ft lot $590,000/$351/sq ft
2336 Swanson Ave 4/3 + pool 2244 sq ft/ 9600 sq ft lot $530,000/236/sq ft
3995 Park Ave 4/3/1+ pool 3748 sq ft / 11240 sq ft lot $530,000 /$141/sq ft
3611 Poinciana Ave 3/2/ 2573 sq ft/7500 sq ft lot $510,000/$198/sq ft
50 Bay Heights Dr 4/3 + pool 3202 sq ft/ 9826 sq ft lot $500,000/156/sq ft
Homes Under Contract (awaiting closing) in 33133
2200 Tigertail Ave 5/5/1 + pool 3891 sq ft 6185 sq ft lot List price $1,699,999
1723 Tigertail Ave 4/3 + pool 3891 sq ft /6185 sq ft lot List price $995,000
1935 Secoffee St 3/2 + pool 2076 sq ft/14184 sq ft lot List price $749,000
3753 Matheson Ave 2/2 1182 sq ft/13000 sq ft lot List price $699,000
4146 Poinciana Ave 4/3 3280 sq ft/6000 sq ft lot List price $650,000
4160 Hardie Ave 3/3 + pool 1519 sq ft/6500 sq ft lot $585,000
2330 Lincoln Ave 3/2 2000 sq ft/9600 sq ft lot List price $560,000
2785 Crystal Ct 3/2 1919 sq ft/ 4914 sq ft lot List price $539,000
There are 151 homes for sale in Coconut Grove $59,000 -$12,000,000
Information gathered from Consolidated MLS

In this difficult market… speak with someone who knows HOW to get results
Sylvia Cherry & Gary Hecht –“The Cherry Group” call direct
305.992.2211

Email Sylvia.cherry@floridamoves.com
Top Producing Realtors Specializing in the Sale of Homes in 33133

Track market activity or search for all homes at our website
www.thecherrygroup.listingbook.com
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The Cherry Group, The Coconut Grove Realtors, Says Maintain Your Trust

The Cherry Group, The Coconut Grove Realtors, has one of its listings pending sale in about a week. A Trust was formed to hold Title when it was purchased. When the Title Company did its due diligence, it discovered the owners didn't maintain the Trust and it is now defunct, disallowing it to convey any assets held in it, including the home. If your home is held in Trust, remember to pay annual fees and keep the Trust active.

THE CHERRY GROUP, THE COCONUT GROVE REALTORS, WARNS: HIRE PROS

I can't think of anyone asking a doctor friend to do him a favor and and give him free by-pass surgery or an accountant buddy to knock out some numbers for his tax return. Then, here's some good advice. Don't place one of the most important assets in your life with your "cousin" just because she's a licensed Realtor. Interview and hire the most qualified with a track record of success. The same goes for choosing a lawyer if you think you desire representation for a real estate closing. We have a client teetering on the precipice of losing the sale of his home because he selected a lawyer buddy to do a favor. The old saying, "You get what you pay for" is a truism if ever there was one!

The Cherry Group, The Coconut Grove Realtors, Presents New Newsletter

The Cherry Group, The Coconut Grove Realtors, presents its new Newsletter HOUSING TRENDS. Just click on the headline to get our view beyond Coconut Grove Real Estate, but to other markets throughout Florida and Nationally. Please call The Cherry Group anytime for a consultation or for a listing appointment at 305.607.8360

Things Moving Fast for The Cherry Group, The Coconut Grove Realtors

With cooperative Sellers, Buyers, Lender - and of course expert Coconut Grove Realtors - the Cherry Group just closed on 2336 Swanson Avenue in Coconut Grove 29 days after listing it. We had a contract within 12 hours of listing the property. After calling about 30 buyers from our database, BOOM - fully executed contract. From then on until closing smooth as silk. Give The Cherry Group, The Coconut Grove Realtors, a call at 305.607.8360, to hear how we can move your home in 30 days.

The Cherry Group's International Clients keeping Business Humming

Coconut Grove Realtors The Cherry Group, sees its business soar through international buyers who have spent $82 billion on new homes so far this year - up from $66 Billion. One third of that business comes to us in Florida. The top countries represented here and their percent volume are Venezuela -28%, Canada - 10%, Columbia - 6%, France - 6%, Mexico - 5% and all other countries making up 27%. Nationally, Canada is first in home purchases. A big change is China taking over Mexico as number 2. Russia, now in 10th. place is coming on strong. Foreign buyers have trimmed our condo glut, where prices are going up. Look for more action now on the single family home front. Please remember to call us for expert real estate advice for Coconut Grove and elsewhere throughout the country.