A serious seller in zip code area 33137 should look at the “Days on Market” and MSI indicators, plus the considerable disparity between “median list price” vs “median sold price” below, and consider a substantial price adjustment to get their home sold.
According to our Miami Area Report for May 2019, the City of Miami residential real estate market is continuing to improve year-over-year. Median selling prices are up by 7.02% while median days on market have decreased by 24.32%. After hovering around a “normal, balanced” market for the past year, supply of inventory dropped dramatically in […]
Anyone who already lives in Downtown Miami could have told you that our city is a favorite for renters, and now the 2018 Miami-Dade Real Estate Study confirms it. Brickell, the Downtown core, Midtown and Edgewater top all other neighborhoods as renter havens. These are also “the best neighborhoods for young professionals according to the study […]
The City of Miami’s Planning, Zoning and Appeals Board is considering applications for four new developments today at 6:30. The board meets at Miami City Hall, 3500 Pan American Drive in Coconut Grove. As the South Florida Business Journal reported last week: If approved there, the applications would need to pass two readings before the City Commission. These […]
Edgewater is located north of the Downtown Arts District and south of the Upper East Side – from approximately 17th Street to 37th Street and east of NE 1st Avenue. Bay Pointe and Morningside are part of the Upper East Side. Bay Pointe is a gated community of 250 luxury homes located between NE 41st Street to […]
Neighborhoods located in zip code area 33137 include Edgewater, Morningside and Bay Point Estates. Morningside includes the Morningside Park, and the neighborhood was added to the National Register of Historic Places in 1992. Collectively, Bay Point’s Sabal Palm Road homes are some of the most expensive real estate in the United States. Property Sales January Property sales […]