The median sales price for South Florida homes has steadily increased since the start of the year , according to Ron Shuffield, president of our company, Esslinger-Wooten-Maxwell, Inc. Realtors

Here’s some of the recent news that Ron shared with us about the South Florida real estate market:

• Between January and May of this year, the median sales price in Miami-Dade County rose from $150,000 to $180,000.
• Between January and May of this year, the median sales price in Broward County rose from $165,000 to $190,000
• 61 percent of our company’s sales are for either a short sale or a foreclosure.  However, that is down from 67 percent just four months ago.

Ron said he is “cautiously optimistic” about the most recent trends on the South Florida real estate market.

As the inventory of South Florida homes for sale continues to dwindle, prices are expected to increase, he said.

Learn more about the current state of the South Florida real estate market by watching the below video from our company’s president.

Navigating the South Florida Real Estate Market

If you’re interested in entering the South Florida real estate market as a home buyer or home seller, contact me, Scott Patterson, your South Florida real estate expert, today.

Whether you’re an interested South Florida home buyer or a South Florida home seller, I’ll be happy to answer any questions you might have as well as provide you with a number of helpful South Florida real estate resources to help make navigating the market easier.

Until next time,

Scott

Our South Florida real estate company is expected to sell more total South Florida properties this year than ever before , according to Ron Shuffield, president of our company, Esslinger-Wooten-Maxwell, Inc. Realtors

Here’s some of the  South Florida real estate market news Ron recently shared with us:

• Miami home and condo sales in the first quarter are up by 38 percent year over year.
• Broward County home and condo sales in the first quarter are up by 9 percent year over year!
• There is 55 percent less South Florida property inventory than three years ago.

All of this is great news for both South Florida home buyers and South Florida home sellers.

For South Florida home buyers, it means that they can find great deals on homes on the South Florida real estate market. After all, the median sales price has been steadily dropping over the last four to five years.

For South Florida home sellers, it means that the market will soon begin shifting in their favor.  Think about it:  the more home sales there are, the less inventory there is on the South Florida real estate market.

That scarcity of homes for sale, coupled with the demand for South Florida real estate, means that home prices will start to climb once again.

Learn more about the current state of the South Florida real estate market by watching the below video from our company’s president.

Entering the South Florida Real Estate Market

If you’re thinking about entering the South Florida real estate market as a home buyer or home seller, contact me, Scott Patterson, your South Florida real estate expert, today.

I’ll provide you with a number of invaluable South Florida real estate resources and help make navigating the South Florida real estate market easier for you and your family.

Until next time,

Scott

I  have some exciting news for interested South Florida home buyers and home sellers. We recently redesigned our website to make it easier for you to navigate the South Florida real estate market!

Here’s a look at some of the features we recently added or improved:

• High definition community videos of some of our residential communities, including Hollywood Lakes, Harbor Islands, Golden Isles, Island Estates, Golden Beach and Aventura Lakes.
• Beautiful pictures of Aventura, Golden Beach, Hallandale and our other South Florida communities throughout the site to help you visualize what it’s like to live here.
• Comprehensive  summaries of our South Florida communities, including Aventura, Bal Harbour, Davie, Hallandale, Hollywood, Golden Beach and Sunny Isles.
• Community summaries on several of our South Florida neighborhoods, including Exotic Acres, Golden Gate Estates, Golden Pointe, Harbour Islands, Hollywood Lakes, Island Estates and Presidential Estates.
• Community summaries on several of our South Florida condominium communities, including Bal Harbour Bellini, Hamptons South, Ocean Palms, One Island Place, Peninsula I, The Point, and  more!

Personalized South Florida Real Estate Service

I strive to give every interested South Florida home buyer and home seller the best service possible.   That’s why we also added some of these social features to our website that helps us stay connected to you:

• Client log-in page
• EWM Mobile home search, which allows you to search for available South Florida homes using your cell phone.
• A Facebook Page so you can keep up-to-date on what we’re doing for you at EWM.  Become our friend today!
• While you’re at it, add us on Twitter as well!
• And much more!

Thinking About Entering the South Florida Real Estate Market?

With our newly designed website, it’s never been easier to navigate the South Florida Real Estate market!

Contact me, Scott Patterson, your Aventura area real estate expert today, to learn more about what we can do for you.

Until next time,

Scott

For months, South Florida residents have been waiting for the completion of the prestigious  St. Regis Bal Harbour Resort, a luxury hotel and condominium community in South Florida.

The wait is nearly over!  According to a recent article in The Miami Herald, the sales center at The St. Regis Bal Harbour Resort recently opened.  And  developers appear to be putting the final touches on The  St. Regis, right down to the  resort’s lush landscaping.

Residential closings are expected to begin this fall at the exclusive waterfront resort, with prices starting at about $1.9 million.

World Class Amenities Abound at the Residences at the St. Regis Bal Harbour Resort

There are 270 homes available at The St. Regis, ranging  from one to five bedrooms.  Square footage in these amazing homes range from 1,777 to 6,868 square feet.

This is a fantastic addition to the already exclusive Bal Harbour community.  The 27-story resort will offer its residents only the finest in luxury living, including:

• Easy access to the trendy Bal Harbour Shops
• 10-foot ceilings
• European style kitchens
• 12,000 square foot Remede spa
• Marble and granite counter tops
• Valet and security services
• Resident only pools
• State-of- the-art fitness center
• And so much more!

Bal Harbour Real Estate

The opening of The St. Regis  is a wonderful thing for Bal Harbour because  it signals that the South Florida community is still a leader in luxury, waterfront living.

The Residences at the St. Regis join an elite group of high-end luxury condominiums, including the Bellini.

If you’d like to learn more about this amazing new community in Bal Harbour, Florida and other luxury South Florida condominiums, contact me, Scott Patterson, your South Florida real estate expert.