Isle of Normandy Real Estate News-Recap of 2010

Isle of Normandy Real Estate News-Recap of 2010

For single family homes in Isle of Normandy, here are the 2010 statistics, newsworthy sales and listings for sale there.

In Isle of Normandy, there were 9 closed sales in 2010 of which one was a waterfront property. The average sale price was $379,922, or $178 per square foot. They sold on average for 93% of the list price in 140 days (average days on market). The highest sale was for $1,390,000 located at 170 Bay DR, which was $444 per square foot and occurred on March 31, 2010. The lowest sale was for $191,300 located at 1535 71 St, which was $107 per square foot and occurred on February 24, 2010. Two houses on Isle of Normandy are currently in contract or pending sale.

With 8 homes currently available for sale, the current absorption rate is about 11 months to sell all of the current inventory.

Right now, the least expensive home for sale in Isle of Normandyis for $210,000 located at 1552 Marseille DR. It has 3 bedrooms, 2 bathrooms, 1,846 square feet of living space and is located on a lot size of 6,536 square feet. It has been on the market now for 399 days. For photos of the home and a more detailed description, visit Normandy, 1552 Marseille DR.

Waterfront Properties on Isle of Normandy

In Isle of Normandy, there was one waterfront property that closed (sold) in 2010. The average sales price was $1,390,000, or $444  per square foot. Waterfront homes on Isle of Normandy sold on average for 73% of the list price in 423 days (average days on market).

With 4 waterfront homes currently available for sale, the current absorption rate is about 48 months to sell all of the current inventory.

The least expensive waterfront property for sale in Isle of Normandy is $599,999 and is located at 2130 Bay DR. It has 5 bedrooms, 5 bathrooms, 3,305 square feet of living space and is located on a lot size of 8,959 square feet. It has been on the market now for 250 days. For photos of the home and a more detailed description, please visitIsle of Normandy, 2130 Bay DR.

The most expensive property for sale in Isle of Normandy is $2,990,000 and is located at 1800 Bay DR. It has 5 bedrooms, 4 bathrooms, 5,149 square feet of living space and is located on a lot size of 10,200 square feet. It has been on the market now for 227 days. For photos of the home and a more detailed description, visit 1800 Bay Drive, Miami Beach.

To view all of the listings available for sale in Isle of Normandy, please go to my website at “Isle of Normandy Homes for Sale”

To search for Luxury Single Family Homes by City or Neighborhood, go to - Miami Beach Homes, South Beach Homes, Indian Creek Homes, Star Island Homes, La Gorce Island Homes, North Bay Road Homes, Palm Island Homes, Sunset Islands Homes, Venetian Islands Homes, Hibiscus Island Homes, Golden Beach Homes, Key Biscayne Homes, Gables Estates Homes, Cocoplum Homes, Belle Meade Homes, Bay Point Homes, Morningside Homes, Pinetree Drive Homes, Bay Harbor Islands Homes, Bal Harbour Homes and Miami Shores Homes.

To find Luxury Condos by City and Category, go to any of the following – Penthouses for Sale, Boat Docks, Pet Friendly Condos, South Beach Condos, Miami Beach Condos, Sunny Isles Beach Condos, Bal Harbour Condos, Key Biscayne Condos, Fisher Island Condos, Brickell Condos, Downtown Miami Condos and Best Foreclosure Condo Buys.

For more specific information about a property or for a custom search, please contact Michael Sahlman at The Sahlman Group at 786.553.0697 or email us.

If you are thinking of selling your condo or house and want to market and sell your property worldwide to reach the right buyers quickly and effectively, please contact us directly at 786.553.0697, email us, or fill out this form to learn more aboutour global marketing strategy and receive an immediate response.

I highly recommend Habitat Design Associates, Inc. to design, renovate and oversee the overall project if you have purchased a condo or a home and need a reliable, competent and honest professional, the owner Cristina is originally from Brazil and has over 20 years of experience as an architect, interior designer and project manager. They have completed over 35 projects for a number of prominent people (including some of my clients). For more information and examples of her work Visit the Habitat Design website or contact them directly at 786.280.6200 or via email.

Please note that the above information is based on data from the southeast Florida MLS as of January 2, 2011.

Copyright © By Michael D. Sahlman, P.A. 2010*Isle of Normandy Real Estate News-Recap of 2010*