As parks, beaches, businesses, and more are set to re-open in the next few weeks, we are advising our buyers to take a look at properties on our website and identify a few that might be of interest.
Buyers that were waiting on the sidelines for deals have been purchasing homes throughout the coronavirus situation. We see more negotiability on listing prices and a decrease in absorption ratios. If you have been considering a purchase for a while, do not wait much longer. Time is of the essence and the current uncertainty sellers face is excellent for you to negotiate an excellent deal. Properties are moving quickly, and we are encouraging all buyers to make offers as this uncertainty continues to weigh on sellers.
We are still offering 3D home tours, FaceTime tours, and personalized property videos to our clients daily. It is worth noting we were already providing these services before the crisis struck. Still, it has certainly helped us overcome barriers and continue closing record-breaking deals during this crisis. We are just starting to get back to showing homes in person, though masks and gloves are still required.
Now more than ever, you need to align yourself with professional brokers that have a track record of getting their buyers an average of $89,000 off the asking price. Give us a call to discuss! We’re here to help you find your next home.
As your Miami Beach resident brokers, we have first-hand knowledge about living in this special community. As a part of the community, we are in-the-know about all happenings, off-market properties, and the particularities of each neighborhood, building and floor plan. Please, feel free to search all available Fisher Island properties using the button below. We are happy to bring you over to see any of these properties at any time.
Whether you would like a new vacation home or a full-time residence, we are your resource for Miami real estate.
Aria Luxe Realty’s Evelyn MacKenzie & Gatien Salaun represented the ecstatic sellers in this record-breaking transaction.
Despite the the numerous obstacles including the coronavirus shutdown, major financial market downturn, stay-at-home ordinance by the Governor and City officials, and the unfortunate incident on the ferry during the escrow period, we sold this home for full asking price.
This sale marks the highest price for a large floor plan unit in Bayside Village in over 4 years. We are happy to have represented the sellers in this transaction.
If you are considering selling your home or would simply like to discuss how we are still selling homes at asking price, please, give us a call. We are available for you 7 days a week. (305) 204-8800
As your Fisher Island resident brokers, we have first-hand knowledge about living in this special community. As a part of the community, we are in-the-know about all happenings on the Island, all off-market properties that exist, and the particularities of each neighborhood, building and floor plan available. Please, feel free to search all available Fisher Island properties using the button below. We are happy to bring you over to see any of these properties at any time.
Whether you would like a new vacation home or a full-time residence, we are your resource for Fisher Island real estate.
Brickell has begun showing signs of government restrictions on mobility and the general adherence to the stay at home orders. The number of closed sales decreased from last quarter by 11% and the absorption period increased by 12% since last quarter. Contrarily, average sale prices per square foot rose to $403 from $396 and we recorded a 7.7% gain in average sale price. Listing discounts narrowed by 50% as inventory shrunk slightly. These figures suggest more inventory to come, a slowing of sales, and a rapidly increasing marketing time. Buyers should take advantage of less competition.
The Downtown condominium market positive price trend indicator results with a quarterly increases in average sales price, up 28%, and median sales price which increased by nearly 14%. Certain indicators remain unchanged: average sale price per square foot, absorption period, and number of new listings. Inventory grew, as did the average marketing time. Highlight sales included units 5701 and 5901 at 1000 Museum, by Zaha Hadid, which sold for $13,800,000 and $19,800,000 respectively; David Beckham picked up unit 5901.
Edgewater’s condominium market showed slight decreases across the board with most price trend indicators remaining flat this quarter. While the median sales price remained flat, the average sales price for the neighborhood slowed 16% since last quarter, the number of new listings grew, and the average listing discount remained flat. The absorption rate showed no change but the marketing time decreased minimally from last quarter’s figures. While buildings such as Élysée, Missoni Baia are exciting, completed projects such as Aria on the Bay and Paraiso are attracting most buyers for their spacious floor plans and competitive prices.
Recomend this to a friend, just enter their email below.