PACE PICKING UP

Sensing we've bottomed out, sellers are taking realistic steps to get their homes sold through competitive pricing. Homes are selling within 95 percent of asking prices and faster too. On average, smartly priced homes are selling in 95 days.

2010 TOP SINGLE FAMILY HOMES SALES

HERE ARE THE TOP 25 SINGLE FAMILY SALES IN COCONUT GROVE FOR 2010.
12 were waterfront homes
Price range was from $1,475,000 to $14,750,000 with Lebron James in North Grove as #3 at 9 million.
the highest $/sq ft was $1,143.00, the average $477.00, the low $225.00
there are 254 properties in all price ranges on the market now in 33133
there were 197 sold total in 2010
Coconut Grove Real Estate is HEALTHY compared to other zip codes. Using the above data there is a 15 month supply of homes and that number has been dropping steadily.
Where else in the country can one live in a lush Bayside community, minutes to a major world-class city?!
Click link below to see photos and details.
If you're thinking of selling the winter months are the perfect time.
Call or email me personally anytime 305.992.2211
RE1 Multi-Row

THE CHERRY GROUP- GROVE'S TOP PRODUCERS FOR 4 YEARS IN A ROW.

Thank you to all our valued clients for making us the Top Producing Realtor in the Grove for Coldwell Banker for the fourth consecutive year. For 20 years we've enjoyed the best life offers, loving our home on Emathla Street in the north Grove and making such wonderful, lasting friendships. We see things only going up from here, as the market stabilizes with buyers out there in good numbers. Please call us if you need real estate help, The Coconut Grove Experts.

HAPPY NEW YEAR!

THE GROVE IS A GREAT AND SAFE PLACE TO LIVE

Read more by clicking here: Coconut Grove is Miami's safest neighborhood South Florida Business Journal

CHERRY GROUP'S NEW BEACH LISTING IS A $3.5 MILLION WOW!

ARCHITECT ALFRED BROWNING PARKER

The Cherry Group just listed 1601 Cleveland Road on Miami Beach, with 90 feet on the Bay, for $3.5 million. Originally designed and built by iconic Tropical Architect Alfred Browning Parker, now in his 90s, for his sister in 1950, the current owners have totally renovated the home with Parker's written approval. Sitting on 11, 236 square feet, "1601" is 2,783, square feet and has 5 bedrooms and 4 baths. From the all new standing seam aluminum roof, all new exterior cedar shakes to the Amarillo Trina European Marble (same as at The Mandarin in Miami), the attention to detail is unmatched in our 20 years in the business. Its kitchen is loaded with a chef's necessities, yet appears clean and minimalistic. It has a 6 burner Viking gas stove and grill, Bosch & Fisher and Rakel dishwashers and Sub Zero refrigerator and wine cooler. This dazzling residence is a fusion of Alfred Browning Parker tropical design brilliance and its current owners eye for the ultimate in European Modern. Please click on the link below to see "1601's" floor plan and a comprehensive photo presentation

www.planomatic.com/6055

AVERAGE PRICE PER SQUARE IN THE GROVE DROPS TO $283.00.

The median sales price for homes in Coconut Grove FL for Jun 10 to Aug 10 was $510,200. This represents an increase of 27.6%, or $110,200, compared to the prior quarter and an increase of 34.3% compared to the prior year. Sales prices have depreciated 22.5% over the last 5 years in Coconut Grove. The average listing price for Coconut Grove homes for sale on Trulia was $1,044,661 for the week ending Sep 15, which represents an increase of 0.9%, or $8,975, compared to the prior week and an increase of 1.9%, or $19,629, compared to the week ending Aug 25. Average price per square foot for Coconut Grove FL was $283, a decrease of 1.4% compared to the same period last year.