West Coconut Grove: Are There Good Deals To Be Had? - 01/16/09 02:39 PM
Over the years, the West Grove has been a little bit slower than other parts of Coconut Grove to see an appreciation in home values.  There is quite a bit of land here that was bought up by investors during the boom and is now being sold at heavily discounted prices.
It will be interesting to see how and when future development in the West Grove will impact prices there.  The answer to that question will be determined in part by how quickly the changes occur and how successful they are in revitalizing the West Grove.
I think it is safe to say that many of the single family … (0 comments)

ABC's Nightline: What Can You Buy For $100,000? Featuring EWM's Ron Shuffield - 01/13/09 12:30 PM
EWM's President Ron Shuffield was featured on Nightline last night during a piece titled: "What Can You Get for $100,000".  Coconut Grove was not one of the areas of Miami that they visited.  Why?  Probably because our market doesn't add to the hype of there being SO many heavily discounted homes for sale.  It would have been nice if they showed other areas in Miami that aren't seeing such drastic drops in home prices.    
Don't get me wrong there are some under-priced homes on the market here (like these foreclosures on Loquat), but nothing conmpared to what other areas of Miami are experiencing.  Did you see that house in Homestead?
All I am saying … (0 comments)

Coconut Grove Real Estate: Year In Review - 01/03/09 07:54 PM
Here are the official 2008 Coconut Grove real estate market numbers.  Sorry for the delay, but I like to give agents a couple of days after the end of the month to enter in any final closed sales.

Note, these figures are coming only from sales within the borders of Coconut Grove - East of LeJeune Road, North of Ridgewood Road and South of 32nd Avenue.  
In 2008, there were 108 single family homes sold in Coconut Grove.  This is approximately 30 homes less than were sold in 2007.
65 of the homes sold in 2008 were under $1,000,000 and 43 were over $1,000,000.  40 homes were … (0 comments)

 
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Riley Smith Coconut Grove Realtor Coconut Grove Real Estate Specialist

Coconut Grove, FL

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EWM Realtors, Inc.

Office Phone: (305) 960-5317

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