Coconut Grove Real Estate Blog

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Real Estate Agent - EWM Realty, International - 3028618
A must-read Coconut Grove real estate resource providing market data, community information and the latest homes for sale.
RECENT BLOG POSTS
The inventory numbers look good for Center Coconut Grove's townhouse market with a 40% drop in the number of properties for sale since March of 2009.  This is great news for sellers who were faced with steep competition last year. Other interesting news is that the List Price to Sale Price ratio ...
03/09/2010
The property above located at 3528 Bayshore Villas Drive priced at $3,950,000 went under contract yesterday.  This is good news for the luxury home market in Coconut Grove which has been extremely slow recently. The property is listed by Engel and Voelkers. The property above located at 3825 Poi...
03/09/2010
There are 90 single family homes in Coconut Grove priced over $1,000,000 and we have just seen the first home sell in that price range in 2010.  The home is located in North Coconut Grove at 2990 Emathla Street.  I showed the house a few times to my clients and it was a beautiful home with a gre...
03/05/2010
We all know that most condominium buildings in South Florida have taken a big hit in the market crash.   But in Deering Bay, most of the units on the market are now asking much more than they sold for just a few years ago. When doing some research for a client, I noticed that the owners of Unit ...
03/05/2010
Many of the new construction homes on the market in Ponce Davis and High Pines are also on the market for rent.  Take a look at what the price difference is of renting vs. buying these new homes. 7416 SW SW 52nd Court | $11,000 For Rent | $2,199,000 For Sale | 7 Bedrooms, 6 Baths |  6,000 SF | 12...
03/05/2010
Update: Another new listing in The Moorings came on the market today, see pictures and information here. 3301 South Moorings Way | List Price: $14,900,000 Last month two new listings came on the market in the exclusive gated community of The Moorings.  The first is a $14,900,000 waterfront proper...
02/16/2010
Edgewater Drive is located at the mouth of the Coral Gables Waterway.  As far as real estate goes, there is something for everyone on this street.  You can find inexpensive non-waterfront condos on the north side of Edgwater and $16,000,000 penthouses on the south side. Talking with residents of...
02/16/2010
Here at EWM Realtors, Inc. we now have the ability to go back over a year and view foreclosure trends for the South Florida area.  Take a look at the foreclosure numbers for Dade County during 2009.   There were 2,848 foreclosures in January of 2009 and the numbers fell to 1,008 in January of 201...
02/16/2010
The EWM listing located at 8005 SW 52nd Avenue closed today at a price of $2,134,000, they were asking $2,750,000.  In this market homes have been selling about 10% off of list price.  The house was built in 1976 but had been completely updated.  The property sits on a 36,950 square foot lot and...
02/16/2010
In honor of the Coconut Grove Arts Festival this weekend I thought I would take the time today to make a very exciting announcement..... The EWM Coconut Grove office will be part of The Coconut Grove Peacock Tour!  Fashioned after the Cows in Chicago, the Cinncinatti Pig Gig and The Flamingos of ...
02/12/2010
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Riley Smith

Coconut Grove Specialist
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