November 20, 2014

Real Estate Market Update for Coconut Grove, Coral Gables, Pinecrest, Palmetto Bay, Cutler Bay and Homestead

Looking for Real Estate News? Well, you've come to the right place. In the following presentation, I have prepared a Market Update for the cities of Coconut Grove, Coral Gables, Pinecrest, Palmetto Bay, Cutler Bay and Homestead. The criteria considered was the last closed sales for the month of October for single family homes, and the number of days on the market until these properties closed. This information was taken from the MLS (Multiple Listing Service).

While preparing this Market Report, I found it is interesting to see that the average price per Sq. Ft. during this month based on the these closed sales was a follows:


Coconut Grove - $413/Sq. Ft.
Coral Gables - $383/ Sq/ Ft.
Pinecrest - $322/ Sq. Ft.
Palmetto Bay - $179/ Sq. Ft.
Cutler Bay - $117/ Sq. Ft.
Homestead - $97.13 / Sq. Ft.

I want to emphasize that the prices per Sq. Ft. are an average based on closed sales during the month of October. If you want a more accurate Comparative Market Analysis,  please feel FREE to contact me for a FREE Market Analysis at 305-905-3370 or email me at mariamedinayourrealtor@gmail.com.

In addition, please don't forget to check my Real Estate Blog. My goal is to provide you with Global Real Estate information and keep you posted on activities for the whole family.

Click the following presentation and check the closed sales city by city.