No one sold more properties over $1,000,000 in Miami-Dade County in 2013 than EWM Realty International. EWM agents sold 420 single family homes and condominiums in that price range last year, and that was 26% more than our next closest competitor (who sold 334 properties in that same price range)!
Releasing that information made me want to look back a few years at the prices in Dade County! In January, 2003 the average price per square foot of a property priced over $1,000,000 in Dade County was $375. When the market “peaked” in that 2007ish period the average price per square foot was in the $550-$600 range. By mid-July, 2013, we were looking at about $625 per square foot, and by the end of the year we were in the $650ish price per square foot. As we settle into 2014 I will be keeping my blog updated with facts and trends, especially in Coral Gables, Coconut Grove, South Miami, Pinecrest, Palmetto Bay, and the Ponce/Road corridors, where I specialize in luxury real estate, both for sale and for rent.
To learn more about real estate in South Miami, Coral Gables, Coconut Grove, Pinecrest and Palmetto Bay, contact Val Byrne at [email protected] or at 305-323-6231. Val Byrne – Working For You!