By Anne Platt

First Quarter Review 2013

Eager buyers continue to generate strong sales through all areas of Coconut Grove and Coral Gables.   Peruse the chart of single family home sales below and you will see the exciting news that the average sales price and the median sales price are up from last year in Coconut Grove.

Coconut Grove Sales Comparison

Coconut Grove Sales Comparison
  # Closed Sales Ave. SP Med. SP Days on Mkt # Sales over $2 Mil On Market
2013 NYA* $1,001,558 $825,750 111 NYA* 88
2012 151* $964,611 $720,000 130 11* 91
2011 160* $969,966 $637,500 136 10* 94

* The number of closed sales for 2011 and 2012 are for the full year. These are not yet available for 2013. 
You can find the first three months for Coconut Grove in the list of sales below.

Note on the chart that the number of homes for sale is down in both Coconut Grove and Coral Gables. This low selection and high demand offers savvy sellers an excellent opportunity to sell now for a greater sales price. Buyers can still enjoy record low interest rates when they find their dream home.

Coral Gables Sales Comparison

Coconut Grove Sales Comparison
  # Closed Sales Ave. SP Med. SP Days on Mkt # Sales over $2 Mil On Market
2013 NYA* $1,121,256 $680,000 109 NYA* 246
2012 493 * $1,164,485 $700,000 118 59 * 300
2011 445 * $1,034,054 $660,000 149 52 * 386

Look at the growth in pending sales.  Sales are called “pending” when the buyer and seller have agreed to all the terms and not yet closed.

pending sales
  1 Qtr. 2009 1 Qtr. 2010 1 Qtr. 2011 1 Qtr. 2013
South Coconut Grove
Sales pending at end of each 1st. Qtr.
8 13 21 22
North Coconut Grove
Sales pending at end of each 1st. Qtr.
7 15 14 13
Coral Gables
Sales pending at end of each 1st. Qtr.
N/A 109 109 117

Many popular neighborhoods around Florida and the rest of the country are beginning to experience a drop in the number of sales because there are so few well priced homes for sale. As you can see above, that is beginning to happen here in both Coconut Grove and Coral Gables.

Below you can check out the many recent pending sales and closed sales in North Coconut Grove, South Coconut Grove and Coral Gables.

Previews Luxury Report

Previews Luxury Report

Renewed enthusiasm at the upper end of the market has revealed several new Global trends you can explore in the Coldwell Banker Previews Luxury Market Report / March 2013.

Click on the photo to peruse the report.

Check out the United States survey of zip codes with the highest number of Luxury Home Sales on page 15.  

Miami Beach 33139 is there as is our very own 33156 in Gables Estates.  Gables Estates made the list with five sales over $10,000,000 in 2012

You can download either a screen or paper copy.

Call me should you, or a friend, neighbor or colleague wish a more in depth analysis of your neighborhood.  With interest rates at record lows it is an excellent time to make a move. 

Trust Thirty-six years of Experience Helping Sellers & Buyers
in Coconut Grove & Coral Gables.

Call Me, Anne Platt, to Help You Make Your Move.



 

Facebook “Visit Anne Platt Realtor” on Facebook and
www.CoconutGroveandCoralGablesTrending.com
for additional information and market updates

www.PlattProperties.com
Direct 305-442-2055 | Office 305-667-4815
Email:  PlattProperties@bellsouth.net

 

All sales information is from the SE Florida Multiple Listing Service.

 


Closed Sales

36 Properties were currently available on the market March 31, 2013 in North Coconut Grove.

North Coconut Grove 13 Pending Sales
ADDRESS SSL
REO
#
BEDS
#
FB
#
HB
TX
SQFT
YR LOT SF #
GAR
POOL   LP$ DOM
1670 ONAWAY DR 4 4 2 3750 2007 7350 0 Y 1,780,000 109
1709 ESPANOLA DR REO 5 5 0 4209 2008 9800 2 Y 1,375,000 62
1745 TIGERTAIL AV   4 3 0 3771 1997 7000 2 Y Down 1,099,000 242
1644 TIGERTAIL AV   4 3 0 2841 1946 7875 0 Y 999,000 3
50 SAMANA DR 3 3 1 3553 1953 10924 2 N Down 799,000 70
2545 SWANSON AV   3 3 0 1862 1941 10339 0 Y 749,500 10
3551 CRYSTAL VW CT   3 2 0 1828 1952 6000 1 N 625,000 45
2800 COACOOCHEE ST   5 3 1 2620 1925 6400 0 N 600,000 1
2200 OVERBROOK ST   3 2 0 1961 1950 7500 0 Y 599,000 18
1765 MICANOPY AV   2 2 0 1998 1920 8324 0 N 535,000 1
2212 SECOFFEE TE   2 2 0 1349 1959 3124 0 N 450,000 26

Pending sales that would accept a back-up
1640 S BAYSHORE DR   4 4 0 3106 1953 9180 0 Y 1,249,500 57
2330 TIGERTAIL CT Short Sale 6 6 1 4507 1953 11206 0 Y Down 850,000 77

 

North Coconut Grove 16 Closed Sales
in the past three months ending March 31, 2013
CD ADDRESS SSL
REO
BEDS FB HB TAX
SQFT
YR LOT SF GAR POOL   LP$ SP$ SP$/LP$ DOM
2/22/13 2900 NATOMA ST   5 5 2 4576 1965 19500 2 Y   1,875,000 1,850,000 98.667 54
2/7/13 1609 S BAYSHORE DR   5 5 0 5440 1939 13500 2 Y   1,799,000 1,650,000 91.718 44
2/22/13 1674 NOCATEE DR   5 3 1 4255 1925 12524 2 Y Down 1,695,000 1,600,000 94.395 113
2/8/13 2891 COACOOCHEE ST   3 4 0 3119 1962 8543 0 Y Down 1,399,000 1,250,000 89.35 114
2/26/13 2930 SEMINOLE ST   3 2 0 3457 1948 20000 1 N   1,300,000 1,185,000 91.154 90
1/17/13 18 SAMANA DR   4 4 0 3252 1957 14670 2 Y Up 1,075,000 950,000 88.372 60
1/30/13 3225 CRYSTAL CT   4 3 0 2866 1923 8750 0 Y Up 850,000 800,000 94.118 743
3/26/13 3251 COACOOCHEE ST   3 3 1 3054 1990 5391 2 Y Down 890,000 780,000 87.64 159
3/22/13 2132 TIGERTAIL AV   2 1 1 1882 1920 15725 0 N Up 825,000 755,000 91.515 143
3/27/13 2370 OVERBROOK ST   3 2 0 1911 1949 7500 0 N Down 598,000 580,000 96.99 52
3/26/13 1701 WAKEENA DR   3 2 0 1987 1950 12960 1 N   565,000 540,000 95.575 52
2/14/13 2471 ABACO AV   3 3 0 1629 1951 7282 0 N   565,000 530,000 93.805 56
3/29/13 3000 WASHINGTON ST   3 2 1 1574 1947 7224 0 N   569,000 528,000 92.794 29
1/30/13 2221 TIGERTAIL AV   2 2 0 1476 1953 8750 0 Y Down 540,000 480,000 88.889 172
2/28/13 2621 NOCATEE DR   3 1 1 2319 1925 6600 0 N   499,000 435,000 87.174 40
3/25/13 2550 TIGERTAIL AV   2 1    1033 1985 8648 0 N   416,000 385,000 92.548 67

51 Properties were currently available on the market
March 31, 2013 in South Coconut Grove.

South Coconut Grove 22 Pending Sales
ADDRESS SSL
REO
#
BEDS
#
FB
#
HB
TX
SQFT
YR LOT SF #
GAR
POOL   LP$ DOM
3500 ST GAUDENS RD   10 8 3 26981 1964 213008 7 Y 22,000,000 247
3885 S MOORINGS CT   5 5 1 6288 2003 11800 2 Y 3,400,000 168
3618 ST GAUDENS RD   4 3 1 3440 1928 11925 0 Y Down 2,390,000 58
4086 BATTERSEA RD   4 5 1 4297 1992 15759 2 Y 2,150,000 11
4030 MATHESON AV   4 4 1 4010 2012 6480 0 Y Down 1,769,000 225
3525 N BAYHOMES DR   5 5 2 3837 1992 5000 2 Y Up 1,599,000 48
3829 STEWART AVE # *** Short Sale 6 5 2 5404 1918 21680 2 Y 1,400,000 3
4160 CRAWFORD AV   6 5 1 3808 1951 10861 2 Y 1,399,000 26
3600 STEWART AV Short Sale 6 4 0 3820 1953 23400 0 Y 1,395,000 180
3648 ST GAUDENS RD   3 3 1 2812 1904 10270 0 Y 1,350,000 58
3870 LEAFY WY   5 4 1 3986 1923 17380 2 Y Down 1,299,000 378
4073 BATTERSEA RD Short Sale 5 4 1 3478 2004 6500 2 Y Down 1,249,000 255
3630 BOUGAINVILLEA RD   3 3 0 2732 1925 8190 0 Y 1,200,000 30
4130 MALAGA AV   4 3 0 2843 1997 6676 2 Y Up 1,195,000 96
3691 SW 37 AV   5 5 1 3843 1946 14000 2 Y 999,000 344
3950 LEAFY WY   4 3 0 3090 1937 15912 2 Y 995,000 11
3840 KENT CT Short Sale 5 3 0 3297 1962 10732 1 Y 746,200 286
3535 N BAYHOMES DR   3 2 1 2628 1948 7632 1 N 699,000 2
4146 POINCIANA AV Short Sale 4 3 0 3280 1981 6000 0 N Down 625,000 680
3670 ST GAUDENS RD   3 2 1 2843 1926 9043 2 N 599,000 25
4116 POMONA AV   2 1 0 1224 1941 5300 1 N 465,000 33

Pending sales that would accept a back-up
3861 KUMQUAT AV Short Sale 6 7 0    2009 7200 0 Y Down 875,000 377

 

South Coconut Grove 28 Closed Sales
for the past three months ending March 31, 2013
CD ADDRESS SSL
REO
BEDS FB HB TAX
SQFT
YR LOT SF GAR POOL   LP$ SP$ SP$/LP$ DOM
2/4/13 3601 MATHESON AV   6 6 1 7102 2002 15015 3 Y Down 2,500,000 2,235,000 89.4 174
2/22/13 3724 LOQUAT AV   6 5 1 5600 2005 11369 2 Y   1,849,000 1,670,000 90.319 216
3/5/13 3855 POINCIANA AV   4 4 0 3966 2012 10000 1 Y   1,725,000 1,662,000 96.348 39
2/15/13 3883 WOOD AV   5 5 0 4932 1940 16530 0 Y   1,649,000 1,540,000 93.39 65
3/29/13 3657 POINCIANA AV   4 3 2 3800 2006 7000 2 Y Down 1,600,000 1,400,000 87.5 149
3/12/13 3734 JUSTISON RD Short Sale 5 5 1 3636 1935 13300 0 Y Down 1,350,000 1,350,000 100 183
3/18/13 3350 DEVON RD   3 2 1 3401 1977 16200 2 Y   1,295,000 1,295,000 100 5
1/15/13 3773 MATHESON AV   4 4 0 3630 1925 10500 6 Y   1,375,000 1,250,000 90.909 161
3/6/13 3701 BATTERSEA RD   4 3 0 2680 1958 7567 4 Y   1,250,000 1,125,000 90 15
3/7/13 3564 AVOCADO AV   4 4 0 3000 1936 7000 0 Y   1,249,000 1,125,000 90.072 85
1/17/13 4071 BATTERSEA RD Short Sale 4 5 0 3596 2005 6500 2 Y Down 1,050,000 1,100,000 104.762 92
3/18/13 3609 SOLANA RD   3 3 1 2949 1939 7975 1 Y Down 1,090,000 1,050,000 96.33 172
3/25/13 4160 WOODRIDGE RD   4 4 0 2685 1949 11316 0 N   999,000 990,000 99.099 4
3/22/13 4351 CULTRY DR   3 3 0 2975 1956 7333 0 Y   899,000 860,000 95.662 128
3/18/13 3560 AVOCADO AV   3 3 1 3139 1998 7000 2 Y   795,000 826,500 103.962 7
3/7/13 3810 WOOD AV   4 4 1 3182 1940    0 N   880,000 815,000 92.614 17
2/20/13 3870 POINCIANA AV   3 2 1 3115 1981 6500 0 Y Down 850,000 815,000 95.882 178
1/7/13 4121 MALAGA AV   4 3 0 2614 1984 6050 0 Y   849,000 805,000 94.817 31
3/28/13 4046 EL PRADO BL   3 2 1 0 1953 0 0 N   799,000 799,000 100 56
1/31/13 4320 SURREY DRIVE REO 5 4 0 3160 1957    0 Y Down 769,900 730,000 94.818 39
3/19/13 3760 KUMQUAT AV   4 3 0 4170 2012 7150 2 Y   699,000 719,423 102.922 190
2/14/13 4260 BRAGANZA AV   4 3 1 2334 1964 6500 0 Y Down 835,000 712,000 85.269 206
1/29/13 4288 LENNOX DR   3 3 0 2920 1950 13000 2 Y   750,000 650,000 86.667 36
1/17/13 4131 HARDIE AV   3 2 0 1438 1988 4650 0 N   537,000 475,000 88.454 37
1/4/13 4081 HARDIE AV   3 2 0 1430 1947 8475 0 N   468,000 468,000 100 28
2/28/13 3828 KUMQUAT AV   3 2 0 1855 1935 7150 0 N Down 475,000 450,000 94.737 68
3/27/13 3701 IRVINGTON AV   3 2 0 1862 1922 7643 0 N   449,000 430,000 95.768 18
1/12/13 4055 BONITA AV Short Sale 2 2 0 1551 1946 8023 0 Y   423,000 400,000 94.563 31

246 Properties were currently on the market
March 31, 2013 in Coral Gables

Coral Gables 75 Pending sales for the last 60 days
ADDRESS SSL
REO
BEDS FB HB TAX
SQFT
YR LOT SF GAR POOL   LP$ DOM
660 ARVIDA PW   5 6 1 6512 1971 47480 2 Y   10,750,000 330
9345 BALADA ST   7 7 1 8338 2006 22400 3 N Down 6,990,000 48
10225 CORAL CREEK RD   6 6 1 6663 2000 49658 3 Y   3,975,000 16
9000 ARVIDA DR   6 5 1 6804 1982 108900 3 Y   3,799,000 0
4510 GRANADA BL   7 7 1 7860 2008 19883 3 Y   3,675,000 199
104 PALOMA DR   6 7 1 6576 1997 17557 2 Y Down 3,500,000 52
144 PALOMA DR   5 6 0 5524 1996 13017 2 Y   3,295,000 42
144 N PROSPECT DR   4 4 2 5789 1971 11500 0 Y Up 2,620,000 65
281 COSTANERA RD   5 4 0 4261 1984 16970 2 Y   2,599,000 47
1080 SAN PEDRO AV   4 3 1 3742 1989 12000 2 Y   2,250,000 87
6509 RIVIERA DR   4 3 1 3804 1954 18146 2 Y   1,575,000 4
924 ADUANA AV   4 3 0 4188 1951 15378 2 Y Down 1,499,000 165
2908 COLUMBUS BL   4 3 1 3716 1987 12000 2 Y   1,250,000 1
1352 BLUE RD   4 4 0    1950 15000 2 Y Down 1,199,000 528
6100 LEONARDO ST   5 4 0 3158 1953 11000 1 Y   1,195,000 21
2208 SEGOVIA CR   4 4 0 3273 1937 9200 0 Y   1,175,000 8
16 E SUNRISE AV   4 3 1 4471 1994 15061 2 Y Down 1,149,000 328
431 GONDOLIERE AV   4 3 0 3062 1953 11275 2 Y   998,000 3
3615 HARLANO ST   3 3 1 2641 1939 10552 0 Y   980,000 76
430 PERUGIA AV   4 4 0 2558 1999 5500 1 Y Down 975,000 67
3919 GRANADA BL   4 2 2 3776 1938 10000 2 N Down 965,000 23
1234 S GREENWAY DR Short Sale 4 3    3168 1923 12500 1 Y   950,450 217
2412 COUNTRY   5 4 0 3803 1971 13000 2 Y   950,000 15
924 SOROLLA AV   4 3    2961 1947 15000 2 Y Down 929,000 106
6925 TORDERA ST REO 5 4 1 3529 1950 15000 2 Y   916,700 28
1110 ANDORA AV   4 3 0 2569 1954 13750 2 Y   899,000 182
1314 COUNTRY   4 3 1 3447 1966 12000 2 Y Down 875,000 140
1225 ALHAMBRA CR Short Sale 3 2 0 1939 1925 7500 0 Y   780,400 72
6009 MAGGIORE ST   3 2 0 1415 1923 15330 0 N   775,000 4
4003 TOLEDO ST   4 3 0 2062 1993 5000 0 N   729,000 18
175 W SUNRISE AV   3 2 0 2111 1969 10000 2 N   724,000 173
1100 ALHAMBRA CR   5 4 0 3843 1956 10275 2 N   696,000 4
449 MILLER RD   3 2 0 2070 1952 11000 2 Y   692,000 3
1424 SAN BENITO AV   3 2 0 2083 1925 6250 0 N   685,000 12
1605 COUNTRY   3 3 0 2506 1951 13680 1 N   685,000 6
520 CASTANIA AV   3 2 0 2324 1953 14100 2 N   649,000 34
1520 DELGADO AV   3 2 0 1950 1958 6500 1 N   649,000 4
1551 ANCONA AV   3 2 0 2146 1969 7350 2 N   599,000 25
3916 ANDERSON RD   3 2 1 2244 1994 5000 1 N Down 585,000 71
422 SAVONA AV   3 2 0 1638 1957 5250 0 N   580,000 56
933 PARADISO AV   3 2 0 1812 1950 8942 1 Y   574,000 13
1011 LISBON ST   4 2 0 2543 1925 15750 0 N Down 549,000 26
411 NAVARRE AV   3 3 0 1801 1919 5650 0 N   549,000 6
729 NAVARRE AV   3 2 0 1736 1954 5650 1 N   525,000 15
525 LORETTO AV   2 2 0 1557 1953 5000 1 N   520,000 32
513 ALCAZAR AV   2 1 0 1639 1923 5000 0 N Down 499,000 28
4911 RIVIERA DR Short Sale 2 2 1 1727 1950 7500 1 N   460,000 55
131 ALEDO AV   2 1 0 5500 1949 5500 0 N   419,000 22
335 SARTO AV   2 2 0 1106 1926 5000 0 N   399,000 56
108 SARTO AV   2 1 0 1274 1946 5250 0 N   399,000 13
4905 RIVIERA DR   3 2 0 1473 1950 7500 1 N   389,000 0
840 WALLACE ST REO 3 2 0 1653 1971 5350 1 N   384,900 45
819 CORTEZ ST   3 2 0 1609 1972 5100 1 N Down 379,000 48
533 ALCAZAR AV Short Sale 2 2 0 1655 1924 5000 0 N Up 369,000 280
2217 RED RD Short Sale 4 3 0 1933 1925 5750 3 N Up 350,000 411
3900 S LE JEUNE ROAD REO 3 2 0 1926 1971 7200 1 N   335,000 5
4021 RED RD Short Sale 3 2 0 1670 1973 5250 1 N   275,000 19
1264 MILAN AV   3 1 0 1475 1953 5250 0 N   258,000 7
417 CADAGUA AV Short Sale 2 1 0 970 1945 5000 1 N Up 243,000 505
6 ALCANTARRA AV   3 1 0 1367 1944 7310 0 N   240,000 13
107 FROW AV REO 4 1 0 971 1958 5000 0 N   100,000 15


Pending sales that would accept a back-up

739 SANTURCE AV   4 3 1 3439 1952 10000 2 Y   1,180,000 21
6907 PALLAZZO ST   4 4 0 3254 1953 11000 1 Y   1,075,000 27
1509 GARCIA AV   4 4 1 3149 1926 8250 1 N   950,000 120
1110 S ALHAMBRA CR   3 3 0 2604 1951 14880 2 Y   938,000 8
1031 VENETIA AV   3 2 0 2230 1937 11000 2 N   799,000 30
1718 COSTADO ST Short Sale 3 2 0 2295 1955 7296 1 N Down 695,000 84
910 AGUERO AV   3 2 0 1952 1976 5000 2 N   599,000 32
937 OBISPO AV   2 2 0 1585 1955 7500 1 N Down 534,500 84
1411 COLUMBUS BL   4 3 0 1699 1926 5250 0 N   530,000 112
440 LORETTO AV   2 2 0 1504 1949 6300 1 N   499,000 7
1560 ALCALA AV Short Sale 3 2 0 2005 1953 11500 0 N Up 425,000 29
820 CORTEZ ST   2 1 0 1495 1926 6490 0 N   419,900 91
1223 CAPRI ST Short Sale 3 2 0 1748 1955 8700 1 N   399,900 6
11 PALERMO AV Short Sale 2 1 0 1130 1947 5395 1 N   249,900 2

Thank-you for joining us on April 21 to Celebrate the Nationwide Open House Week-End to support home ownership.

Coconut Grove Home for Sale
Classic Mediterranean

3626 Bayview Road in South Coconut Grove is a Classic Mediterranean home secluded on a large 12,000 square foot lush lot on a quiet dead-end street near the bay. Click the photo above to view a video of this romantic two story 3 bedroom home plus a Guest Cottage.
$1,339,500
Contact Anne Platt 305-442-2055

Coconut Grove Home for Sale
Coconut Grove Home for Sale

 

Sunset Drive Home for Sale
Enduring Elegance

4920 Sunset Drive features a beautiful ageless architectural design from the 30’s. This acre estate is filled with century old oaks and orchids. Click on the top photo to view a video of this gracious 5 bedroom treasure. $2,595,000
Contact Helen Jeanne Nicastri
305-332-4534

Sunset Drive Home for Sale

Sunset Drive Home for Sale

 



For more information, contact Anne at 305-442-2055 or anne@plattproperties.com.

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