Issuu on Google+

the forster report JANUARY 2012

SOLD

SOLD

3 3 3 3 P O I N C I A N A AV E N U E

9 5 5 0 S W 6 7 AV E N U E

COCONUT GROVE

PINECREST

$3,440,000

$2,999,999

jo-ann forster

brian forster shapiro

305.778.5555

305.978.8655


6454 SW 102 Street

Pinecrest

6/6½ • 7,542 adj sf • 43,124 sf lot This French inspired custom home was built in 2005. The main house features 5 bedrooms, a library, 2 family rooms, and a playroom. Separate 1BR/1BA guest house. N/S Tennis Court. 40’ pool. This home creates the perfect canvas for your own special taste. Pinecrest/Palmetto schools.

6454SW102.COM

OFFERED AT $2,895,000

12955 Old Cutler Road

Pinecrest

5/6½ • 8,215 adj sf • 53,336 sf lot Paradise located on a gated, long private drive behind another home that actually sits on Old Cutler. Magnificent entertaining and family home with its own pond. Super-sized common areas. Grand master suite with sitting room. Pool. Pella impact glass throughout. The best Pinecrest/Palmetto schools.

12955OLDCUTLER.COM

OFFERED AT $2,350,000

6705 SW 99 Terrace

Pinecrest

6/5 • 5,305 adj sf • 38,027 sf lot Family friendly one story home totally renovated in 2010 by a detail oriented perfectionist. Great family oriented floor plan. Large kitchen with super-sized breakfast room, two family rooms and a master suite that will thrill you! Large covered patio overlooking pool. Pinecrest/Palmetto schools.

6755SW99.COM

OFFERED AT $1,695,000

5880 SW 91 Street

Pinecrest

7/6½ • 6,958 adj sf • 32,670 sf lot Your own gated paradise! This is what you’ve waited for! Located on one of the most sought after streets in North Pinecrest. If you crave open spaces, volume ceilings, & brightness throughout, then this is a must see. Large entertaining spaces. Pool. Pinecrest/Palmetto schools.

5 8 8 0 S W 9 1 .COM

OFFERED AT $2,750,000

3600 Stewart Avenue

Coconut Grove

6/4 • 3,820 adj sf • 23,400 sf lot The best buying opportunity in Coconut Grove! Located in guard gated Entrada Estates. Mediterranean villa redesigned in 2006. Grand scale living room with dark wood beam ceilings and chiseled stone floors. Large 2nd floor master suite. Open kitchen. Inviting pool area. Walk to the Village. Great schools.

3600STEWART.COM

OFFERED AT $1,595,000

6280 SW 104 Street

Pinecrest

4/3 • 4,789 adj sf • 97,138 sf lot Incredible opportunity for a savvy buyer, builder or investor. 2.2 acres in a great Pinecrest location. The house has a great floor plan with large rooms, formal dining room and living room, huge family room and a big master with an unusually large bathroom. Tremendous patio with pool. Pinecrest/Palmetto schools.

6280SW104.COM

OFFERED AT $1,295,000


3848 Utopia Court

Coconut Grove

3/3½ • 2,898 adj sf • 9,500 sf lot Located on a sought after cul-de-sac street in the South Grove. Completely rebuilt in ‘08 by a design savvy owner. High ceilings, stunning wood floors, amazing bathrooms and inviting kitchen. Master suite with sitting room that could be fourth bedroom. Impact glass. Pool. Private police patrol. Great schools.

3848UTOPIA.COM

OFFERED AT $1,295,000

1232 Ferdinand Street

Coral Gables

3/4 • 3,199 adj sf • 9,000 sf lot North Gables home just off Country Club Prado. Built in 1994, this home is a blend of Old Spanish and the comforts of newer construction. Light filled family room and kitchen with breakfast area. Master bedroom on the ground floor and two upstairs. Two car garage. Great schools.

1232FERDINAND.COM

OFFERED AT $899,000

490 Campana Avenue

Coral Gables

5/3 • 3,880 adj sf • 23,700 sf lot Amazing lakefront opportunity in Hammock Oaks, an upscale guard gated community in Coral Gables. Perfectly maintained, this home is great for a buyer who is looking for a place to update. Large and open entertaining spaces. Wonderful pool overlooking the lake. The best Pinecrest/Palmetto schools.

490CAMPANA.COM

OFFERED AT $1,199,995

6180 SW 90 Street

Pinecrest

4/3 • 3,253 adj sf • 30,056 sf lot Incredible corner oak filled lot on a cul-de-sac street. Great North Pinecrest location. Wonderful one story home ready for a special family. Coral rock courtyard entry. Large entertaining spaces all looking out to the inviting pool and large covered patio area. Formal dining room. Best Pinecrest/ Palmetto schools.

6180SW90.COM

OFFERED AT $945,000

Eager To Take Advantage of The Market? Thinking About Buying or Selling?

the forster team Your Real Estate Resource

305.778.5555 W W W . U N I Q U E H O M E S O F M I A M I . C O M


coconut grove S I N G L E FA M I LY 2 0 1 1

101 closed sales in an average of 127 days

4

Average sale price of $1,058,087 @ $284/sf 65 active listings, 16 pending sales

SW 32 Ave

Sou

th

3

Hig

hwa

y

2

SW 27 Avenue

1 south grove

ie Dix

2 north grove 63 closed sales in an average of 147 days

Le Jeune Road

Grand Avenue

1

Average sale price of $737,898 @ $262/sf 49 active listings, 14 pending sales

33

44

center grove

west grove

8 closed sales in an average of 39 days

22 closed sales in an average of 127 days

Average sale price of $238,513 @ $142/sf

Average sale price of $153,005 @ $98/sf

7 active listings, 3 pending sales

Community

15 active listings, 6 pending sales

Active

Pending

Closed

PPSF*

DOM**

Avg. Price

Waterfront Homes

8

1

7

$585

123

$4,508,499

Camp Biscayne

0

0

1

$480

-

$3,850,000

De Garmo Estates

0

0

1

$438

30

$1,993,900

Four Way Lodge Estates The Moorings

Bayshore Villas

Cloisters on the Bay

0 1 1 4

Grovenor House

12

Ye Little Woods

3

L’Hermitage Grove Isle

The Ritz-Carlton

8

17 23

*PPSF = Average Price Per Square Foot

0 0 0 0

4 3 1 3

5

13

0

3

2 4 3

4

21 15

$449

160

$375

175

$295

123

$322 $580 $279 $276 $302 $336

122 144 297 112

211

181

$2,836,250 $1,828,333 $1,700,000 $1,575,000 $1,525,962 $1,125,000 $1,042,333 $660,952 $617,533

**DOM = Average Days On Market

Statistics were derived from the Multiple Listing Service records on 12/14/2011 which is managed by the local Realtor Association, MIAMI REALTORS®. Information provided here is deemed to be accurate, but is not warranted. The Forster Team is not responsible for any inaccuracies in the data.

jo-ann forster • 305.778.5555 • U n i q u e H o m e s O f C o c o n u t G r o v e . c o m


pinecrest S I N G L E FA M I LY 2 0 1 1 11

1

2

north-east pinecrest 24 closed sales in an average of 170 days Average sale price of $1,563,271 @ $275/sf

5

27 active listings, 4 pending sales

22

north-west pinecrest

3

6

18 closed sales in an average of 103 days

4

Average sale price of $1,322,603 @ $257/sf 19 active listings, 1 pending sales

33

44

55

central-east pinecrest

central-west pinecrest

19 closed sales in an average of 122 days

31 closed sales in an average of 161 days

Average sale price of $1,389,026 @ $245/sf

Average sale price of $779,058 @ $209/sf

22 active listings, 2 pending sales

31 active listings, 9 pending sales

66

south-east pinecrest

south-west pinecrest

22 closed sales in an average of 82 days

60 closed sales in an average of 126 days

Average sale price of $883,443 @ $220/sf

Average sale price of $573,729 @ $186/sf

23 active listings, 7 pending sales

Price Range

38 active listings, 9 pending sales

Active

Pending

Closed

PPSF*

DOM**

Under $500,000

17

7

43

$175

176

$390,698

$500,000 - $1,000,000

59

19

87

$210

108

$695,859

$1,500,000 - $2,000,000

22

4

11

$254

130

$347

95

$1,000,000 - $1,500,000 $2,000,000 - $2,500,000 $2,500,000 - $3,000,000 Over $3,000,000

*PPSF = Average Price Per Square Foot

28 8

15 16

3 1 0 0

26 9 4 3

$254 $291 $343

Avg. Price

119

$1,209,519

351

$2,183,056

314

$1,778,818 $2,756,250 $3,683,333

**DOM = Average Days On Market

Statistics were derived from the Multiple Listing Service records on 12/14/2011 which is managed by the local Realtor Association, MIAMI REALTORS®. Information provided here is deemed to be accurate, but is not warranted. The Forster Team is not responsible for any inaccuracies in the data.

brian forster shapiro • 305.978.8655 • U n i q u e H o m e s O f P i n e c r e s t . c o m


coral gables S I N G L E FA M I LY 2 0 1 1 1 1

north gables

1

87 closed sales in an average of 123 days Average sale price of $492,202 @ $219/sf 40 active listings, 20 pending sales

2 2

center gables

2

178 closed sales in an average of 114 days Average sale price of $772,227 @ $252/sf 110 active listings, 34 pending sales

33

south gables 171 closed sales in an average of 194 days Average sale price of $1,532,336 @ $342/sf 174 active listings, 25 pending sales

3

QUICK FACTS: 129 homes sold for over $1,000,000. 10 homes sold for over $4,000,000. The highest sale was $9,000,000. 51 homes with 20,000 sf or larger lots sold for an average of $2,631,607. Homes with under 10,000/ sf lots sold for an average of $532,976. 25 homes built in 2004 or later sold for an average of $2,092,111. Homes built prior to 1980 sold for an average of $759,371. 55 waterfront homes sold for an average of $2,402,125. The most expensive non-waterfront home sold for $6,600,000. The average non-waterfront home sold for $799,121. Statistics were derived from the Multiple Listing Service records on 12/14/2011 which is managed by the local Realtor Association, MIAMI REALTORS®. Information provided here is deemed to be accurate, but is not warranted. The Forster Team is not responsible for any inaccuracies in the data.

EWM Realtors ® International • Exclusive Affiliate of Christie’s International


south miami S I N G L E FA M I LY 2 0 1 1 11

south miami 55 closed sales in an average of 89 days Average sale price of $410,138 @ $173/sf 28 active listings, 14 pending sales

22

high pines 12 closed sales in an average of 81 days Average sale price of $868,667 @ $276/sf

1

12 active listings, 2 pending sales

33

2

ponce davis 23 closed sales in an average of 188 days

3

Average sale price of $1,518,587 @ $340/sf 26 active listings, 5 pending sales

IMPORTANT: UNIQUEHOME S O F S O U T H M I A M I . C O M DO NOT ENLARGE, REDUCE OR MOVE the FIM and POSTNET barcodes. They are only va

Special care must be taken to ensure FIM and POSTNET barcode are actual size AND placed properly on th to meet both USPS regulations and automation compatibility standards.

Statistics were derived from the Multiple Listing Service records on 12/14/2011 which is managed by the local Realtor Association, MIAMI REALTORS速. Information provided here is deemed to be accurate, but is not warranted. The Forster Team is not responsible for any inaccuracies in the data. TEAR OR CUT ALONG THIS LINE

STAY INFORMED... r re po rt th e fo rs te JANUA

OINC 3333 P

SO LD

SO LD

Get a copy of The Forster Report at Wayside Market on SW 57 Avenue in Pinecrest!

2 RY 201

VENU IANA A

VENU W 67 A 9550 S

fo rs te r jo -a nn 8.5 555

COCON

E

E

VE UT GRO

PINECR

EST

$3,440

,000

$2,999

,999

ter sh brian fors 8.8 655 305 .97

apiro

VISIT US ON THE WEB:

ForsterReport.com

E RIB

SC

B SU

w ww

.F

o

t rs

er

INE

L ON

Re

r po

t.c

om

NO POSTAGE NECESSARY IF MAILED IN THE UNITED STATES

BUSINESS REPLY MAIL

FIRST-CLASS MAIL

PERMIT NO. 24972

MIAMI FL

POSTAGE WILL BE PAID BY ADDRESSEE

305 .77

Jo-Ann Forster

facebook.com/ joann.forster

twitter.com/ joannforster

EWM REALTORS 速 INTERNATIONAL, Inc. 550 S. Dixie Highway, 2nd Floor Coral Gables Florida 33146

JO-ANN FORSTER 4121 La Playa Boulevard 4121 LA PLAYA BLVD Coconut Grove, Florida 33133-9399 COCONUT GROVE FL 33133-9939


Prsrt. Std. U.S. Postage Paid Miami, FL Permit #3203

the forster team 4121 La Playa Boulevard Coconut Grove, Florida 33133-9399

MARKE T I N S I G H T. P R O V E N R E S ULTS. SOLD

SOLD

SOLD

SOLD

SOLD

SOLD

3425 N. MOORINGS WY

3333 POINCIANA AVE

9550 SW 67 AVE

4110 KIAORA ST

6575 SW 98 ST

3410 POINCIANA AVE

COCONUT GROVE

COCONUT GROVE

PINECREST

COCONUT GROVE

PINECREST

COCONUT GROVE

SOLD

SOLD

SOLD

SOLD

SOLD

SOLD

11000 SNAPPER CRK RD

6880 SW 98 ST

6222 SW 100 TERR

13673 DEERING BAY DR

GROVENOR #1402

9740 SW 60 CT

CORAL GABLES

PINECREST

PINECREST

CORAL GABLES

COCONUT GROVE

PINECREST

MORE 2011 SOLD AND PENDINGS 6145 SW 121 STREET

5631 SW 58 COURT

3610 STEWART AVE

2000 S. BAYSHORE DR #47

6709 N. KENDALL DR #201 6202 SW 56 STREET

6460 SW 111 DRIVE

7840 SW 20 STREET

3620 STEWART AVE

4161 RAYNOLDS AVENUE

265 GRAPETREE DRIVE

5840 SW 91 STREET

4047 ENSENADA AVE

5920 SW 73 AVENUE

13811 SW 67 COURT

1314 SAN REMO AVENUE

1 GROVE ISLE DR #A306

7837 SW 117 STREET

3701 BATTERSEA RD

1865 BRICKELL AVE

3470 N. MOORINGS

1330 WEST AVENUE #2908

13420 SW 59 AVENUE

3665 ST. GAUDENS RD

6390 SW 102 STREET

1330 WEST AVE #2908

3500 SOLANA ROAD

1200 WEST AVENUE #326

2179 SW 24 STREET

7940 SW 167 STREET

10125 SW 59 AVENUE

3404 POINCIANA AVE

7440 SW 69 COURT

12314 ROCK GARDEN LN

6825 SW 59 STREET

9066 SW 73 CT #2103

$ STABLE PRICES

FAST SALE TIMES

+

S URPLUS OF BUYERS

TEAR OR CUT ALONG THIS LINE

=

jo-ann forster GREAT TIME TO BUY/SELL

Take Advantage of the Market NOW!

YES!

I’M INTERESTED IN SELLING

I’M INTERESTED IN BUYING

SIGN ME UP TO RECEIVE THE FORSTER REPORT MONTHLY

Name: ________________________________________________ Address: ______________________________________________ City: _____________________ State: ____ Zip Code: __________ Phone: _______________

Email: _________________________

B ROK E R - A SSO CI AT E T HE FOR ST E R T E A M JoAnn@UniqueHomesOf Miami.com

305.778.5555

brian forster shapiro V ICE PR ESIDEN T T HE FOR ST E R T E A M Br ian@UniqueHomesOf Miami.com

305.978.8655 EWM REALTORS ® INTERNATIONAL, Inc. 550 S. Dixie Highway, 2nd Floor Coral Gables Florida 33146


The Forster Report - January 2012