3rd Quarter 2018

Pinecrest Luxury Real Estate Market Report 2018

August 14, 2018

Luxury Homes for Sale in Pinecrest | The 2018 Market Analysis Click here to see all the other videos for our 2018 Miami Luxury Real Estate Report (Videos for Miami Beach, Brickell, Coconut Grove and Coral Gables) A Fair Performance Due to Newly Constructed ‘Smart’ Properties Even though the Pinecrest luxury market displays a rather over-saturated level of inventory (around 40 months) it has performed fairly well in terms of achieved prices in the low, mid and high-end this year. The ‘general’ Pinecrest market was [...]

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The Brickell Condo Market in 2018 – What is the latest status of Brickell Condos?

August 9, 2018

Confidence in the Brickell condo market has taken a dive. Many potential buyers heard about the large amount of Brickell condos for sale and owners taking hits on their sales prices. Is this true? Yes, we have a high amount of inventory in this market and we have also seen owners that needed to resell with a loss. Does this mean this is a no-go market? No! Below we explain the market, what is going on and what to look for when you want to [...]

3rd Quarter 2018 Miami Real Estate Market Reports Most Popular

The Status of the Pinecrest Real Estate Market in 2018

July 25, 2018

It has been a while since we last covered Pinecrest in one of our reports, and for that very reason we created this blog; to see how the Pinecrest market is performing. We felt that the market has been picking up in the last months and we wanted to test this by analyzing the actual Pinecrest market data*. *Data are taken over January to July 2017 and January to July 2018 Our Pinecrest listing got an almost full price offer (listed at $925,000) after being [...]

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The Coral Gables Real Estate Market in 2018 | How is the Market Performing?

July 22, 2018

The David Siddons Group got many new listings in Coral Gables in the last month. The open houses are highly frequented, many agents share these properties with their clients and we have seen a high number of interested buyers. Our general feeling is that the market is performing very well; not overheated, but a slow yet steady progress. We looked at the sales numbers* in the last 6 months to see whether the data confirmed our bullish impressions. *Data are taken over January to July [...]

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The Coconut Grove Real Estate Market in 2018 | Are We More Bullish Than Last Year?

July 19, 2018

With so many new listings, highly trafficked open houses and relocating families looking for Miami homes, we are experiencing a really good 2018. We sold for $40M so far of which $15M closed in June. In our opinion the market has really taken up and Coconut Grove is seeing really low levels of inventory. To see whether this is not just a feeling, we looked at the data in order to see if the numbers support our market impressions of Coconut Grove. Increasing Prices per [...]

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The Ponce Davis Real Estate Market in 2018 | Is the Market Picking Up?

July 17, 2018

In the last few months we have gotten a lot of new listings, many of which were sold within weeks. We also observed that colleagues in the single-family home market are doing a great amount of business. As we speak with agents and buyers on a daily basis we specifically noticed the high demand for (updated) properties in the $1M - $2M range. In short, we feel and hear that the market is really taking up. We therefore decided to check the different neighborhoods to [...]

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