Tigertail Realty, 2665 S. Bayshore Drive, #M103, Coconut Grove, FL 33133
|Tigertail Realty, Coconut Grove||
Meet our Team
Anthony Scornavacca, Jr.
2016 2nd Quarter Update
For single family homes in Miami Dade County that sold between January 1 and June 30, 2016 sale prices increased only slightly over the same period of 2015.
In Coconut Grove, Coral Gables, and Key Biscayne the increase was sharper. This shows a trend in the luxury market. The high end market is still strong and seems to be growing in close proximity to the metropolitan center.
It seems that those who work and play in the city center are becoming less interested in commuting. In addition, the number of cultural activities in Brickell, Downtown Miami, Wynwood, and South Beach are in increasing.
There are 713 available houses in Area 41 which consists of the Grove, Gables, and Brickell. Here is the breakdown according to price:
$219,000 - $500,000: 123
$500,000 - $1,000,000: 205
$1,000,000 - $3,000,000: 283
$3,000,000 - $39,000,000: 102
In all of Miami Dade, there are 5,701 available homes plus 14,000 available condos.
Buyers, you have a lot of inventory to choose from. Sellers, most likely you will continue to see your property's value appreciate. Please feel free to call Tigertail Realty for a free consultation.