In Coconut Grove the NUMBER OF HOUSES LISTED FOR SALE was 256 in August 2009, a reduction compared to 318 in August of the year before. There were 25 HOUSES SOLD/ UNDER CONTRACT in August of this year vs. 30 in August 2008. The average SOLD PRICE PER SQ FT has declined 43.7%, compared to August of last year.
As for CONDOS, 474 were listed for sale in August 2009 compared to 579 in August 2008. The NUMBER OF CONDOS sold/under contract in August 2009 was 42 compared with 27 in August of last year. So you can see that inventory is down and sales are up. The AVERAGE SALE PRICE, per square foot, has decreased 37.8%, year over year.
It is a great time to purchase property in Coconut Grove, whether you are looking to buy a house or a condo. This is a well-known area that will come back strong. Call me for more specific information—whether you are planing to purchase or to sell property: 305-968-4759. You can also contact me via email, if you prefer: b@SuperbMiamiHomes.com I look forward to hearing from you!
ZIP Code: 33133 Location Characteristics: The zip code 33133 is primarily comprised of Coconut Grove and a small portion of Silver Bluff. This zip code is officially part of the City of Miami, but most people who live within the boundaries of Coconut Grove like to use the name "Coconut Grove" instead of "Miami". The boundaries of Coconut Grove are generally considered to be US1 to the north, until it reaches 32 Rd.; Lejeune Rd. (42 Ave.) to the west; Biscayne Bay to the east; and the border of Coral Gables to the south. A small bridge connects to the island of Grove Isle. The neighborhoods of Silver Bluff comprise a small portion of north Coconut Grove and a small portion to the north of US1.
Coconut Grove has many different neighborhoods, from large single-family homes in the north area, to waterfront condos along South Bayshore Dr.; to townhouses, twin homes, small condo buildings and houses within walking distance of the village, in Center Grove; to homes in wooded settings in South Grove; to waterfront mansions with dockage in gated communities on the water. The commercial district contains a fine blend of shops, restaurants and entertainment.
About Beatriz Portela:
Beatriz specializes in the sale of Exceptional Residences in the beautiful South Florida area: from homes in the woodsy enclaves of Coconut Grove to luxurious condominiums in Brickell, the Biscayne corridor and Miami Beach...from distinguished historic houses in Coral Gables and South Miami Avenue, to island living in Key Biscayne...to trendy new developments on the Miami River and downtown...to waterfront homes with dock space.
As a full-time Realtor, Beatriz is committed to providing personal, superior service. She assists customers with all of their real estate needs, including Loan Pre-Approvals and Financing, Contract Negotiations, Closing Details, National and International Relocation Services and coordination of Property Management. Services for sellers include in-depth Comparative Market Analysis to assist in pricing; Home Staging; and extensive, customized Marketing and Advertising.
Beatriz has a Masters degree in Business Administration from the University of Miami and a BA degree from the University of California. She is a member of the National Association of Realtors, the Florida Association of Realtors and the Realtor Association of Miami and the Beaches. She holds a Real Estate Salesperson License for the State of Florida. She is also a certified Relocation Specialist, who works extensively with incoming national and international customers, as well as placing outgoing customers with qualified agents at their destinations. Beatriz is bilingual in English and Spanish.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
