A Comprehensive analysis of Ponce Davis Luxury Homes – Quarter 2, 2015

The Comprehensive Analysis of luxury homes in Ponce Davis

What is the status of Ponce Davis Luxury Homes in Q1 and Q2 of 2015

♦ Average prices ♦ Price changes ♦ Inventory levels

Ponce Davis Luxury Homes for sale call me at +1 305 508 0899. This beautiful custom built Key West style home situated on a large, lusciously landscaped lot is now listed for $4,250,000.

Ponce Davis Luxury Homes are very desired because the area is safe and family friendly. Ponce Davis is know for its large lots and superb pre-construction homes. For a personalized search of Ponce Davis Luxury Homes for sale call me at +1 305 508 0899. This beautiful custom built Key West style home situated on a large, lusciously landscaped lot is now listed for $4,250,000.

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⇒ The luxury real estate market in Coconut Grove
⇒ The luxury real estate market in Coral Gables
⇒ The luxury real estate market in Pinecrest

This comprehensive analysis outlines the Ponce Davis luxury real estate market. This research focuses on the Ponce Davis luxury homes and it includes only those truly luxury properties with a sales price of $2M or more.

This analysis not only shows you the Ponce Davis Luxury market status in the first quarter of 2015 (outlining the last quarter of 2015), but also the price evolution of luxury homes in your neighborhood over the last 4 years.

 

Average sales prices per Sq.Ft for luxury homes in Ponce Davis – Q1 and Q2 2015

 

The average sales prices for luxury homes in Ponce Davis in the last 5 years.

The average sales prices for luxury homes in Ponce Davis in the last 5 years.

The average sales prices per Sq.Ft for Ponce Davis luxury homes in Q1 and Q2 of 2015.

The average sales prices per Sq.Ft for Ponce Davis luxury homes in Q1 and Q2 of 2015.

As can be seen from the table above, Ponce Davis’ averages sales prices per Sq.Ft took a dive in 2012, and a major upsurge in 2014 and 2015.

The amount of luxury homes sold with a sales price of $2M or more also increased heavily in the last few years with 2015 being on track to pass the amount of 21 luxury properties that were sold in 2014.

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Sales prices, sales prices per Sq.Ft and amount of luxury homes sold in Ponce Davis from 2011 till 2015.

Sales prices, sales prices per Sq.Ft and amount of luxury homes sold in Ponce Davis from 2011 till 2015.

Months of inventory for luxury homes in Ponce Davis

 

Looking at the inventory levels of luxury properties elsewhere in Miami, Ponce Davis shows a lower level of inventory for luxury properties in the last months (see graph below in section “Comparing the Ponce Davis Luxury Real Estate Market“).  In April and May the market even reached a neutral market which is rarely seen in the luxury sector.

Months of inventory for Ponce Davis luxury properties.

Months of inventory for Ponce Davis luxury properties.

The luxury property market always sees higher inventory levels than the more affordable properties therefore numbers here are higher than what you might normally see in our analytical reports.

 

Closed sales and Pending sales of Ponce Davis Luxury Homes in Q2 2015

 

In the overview below you can see which Ponce Davis luxury properties sold and which ones where under pending sales in Q1 2015

Closed sales and luxury homes under pending sales in Ponce Davis in the second quarter of 2015

Closed sales and luxury homes under pending sales in Ponce Davis in the second quarter of 2015

 

Comparing the Ponce Davis Luxury Real Estate Market with Luxury Real Estate in other areas

 

How does the Ponce Davis Luxury Real Estate market compare to luxury homes in surrounding areas?
In the overview below we compare Ponce Davis luxury homes with Coral Gables, Pinecrest and Coconut Grove

 

The average sales price per Sq.Ft for Miami's luxury properties.

The average sales price per Sq.Ft for Miami’s luxury properties.

The months of inventory for luxury homes in Coral Gables, Coconut Grove, Pinecrest and Ponce Davis combined.

The months of inventory for luxury homes in Coral Gables, Coconut Grove, Pinecrest and Ponce Davis combined.

Looking to invest in Ponce Davis luxury real estate or would you like to sit down for a more personal approach? Contact me today

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FAQ

These are the most commonly asked Google Real Estate Related questions

1. What are the Current Best New Condos in Miami?

If you want to hear in more details our opinions on the best new Miami new construction condos. Please read this article:Best New Construction Condos 2022-2023. 

2. What is the best New Construction Condo in Fort Lauderdale?

In our opinion, the Residences at Pier Sixty-six are certainly the most interesting and unique. Already well underway this 32 Acre project will be home to the first of its kind Marina where owners will be able to anchor up vessels up to a staggering 400 ft! For specifics of this project see our independent review of this project.

3. How can I compare the new luxury construction Condos to the best existing Luxury Condos in Miami? 

Our Best Luxury Condos in Miami article will prove to be very useful to those looking to compare the existing to the new. You may also want to watch this video which shows the performance of the best Condos in Miami over the last 15 years!

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