We are happy to announce that we are South Florida’s leader in luxury real estate sales! Last year, EWM Realty International was ranked the #1 luxury real estate brokerage firm in the Miami-Dade and Broward market for single-family homes and condominiums over $1 million.
Luxury Real Estate Sold in 2015 by EWM
In 2015, EWM Realty International sold a total of $1.34 billion in residential real estate in Miami-Dade and Broward counties, with an average sales price of $2.3 million. With 575 transactions sold for $1 million or more last year, that is one luxury listing sold every 15 hours!
Why EWM Realty International is a Top Producer
Our in-depth local knowledge of the South Florida lifestyle, expertise in the luxury real estate market, and tireless dedication to superior customer service are just three of the reasons why EWM Realty International become the 2015 Luxury Leader in South Florida.
When you are selling your luxury home or condo, choose the best real estate team to work in your best interests. Contact us and let’s talk about how we can help you sell for top dollar.
A new record was recently broken in the South Florida real estate market when I closed on 3903 Island Estates Drive in Aventura in December, it became the highest priced sale on an Aventura single family home since 2006 and the 2nd highest priced sale for a single family home ever.
This gorgeous 6 bedroom, 8.5 bathroom new construction home sold for $4,350,000 in December, it was a cash transaction.
Luxury Home Sales Picking Up in South Florida
Our recent closing on 3903 Island Estates Drive illustrates a larger trend in the Aventura real estate market. Wealthy home buyers are returning to the luxury housing market en masse. Why? Because this is the perfect environment for buying a luxury South Florida property:
- A stronger stock market has boosted home buyer confidence
- Low interest rates have created a buyer’s market in Aventura, Florida
- Signs abound that prices for luxury properties have bottomed out , giving South Florida home buyers yet another reason to enter the market.
All of this has led to an increase in home and condo sales in Miami-Dade and Palm Beach counties. In December, there were at least 5 condo sales in Palm Beach County that sold for more than $2 million. Twenty-five houses also sold for more than $2 million in Palm Beach County.
In Miami-Dade County, at least 10 homes and 15 condos sold for more than $2 million in December.
The spike in real estate activity can be largely attributed to foreign buyers such as Canadians and Brazilians wanting to take advantage of the low prices on condos, said Ron Shuffield, president of our company, Esslinger-Wooten-Maxwell, Inc. Realtors. That factor definitely played a role in the recent sale of 3903 Island Estates Drive: the buyer was Brazillian.
Buying an Aventura, Florida Property For Sale
Given the allure of buying a high-end property in Aventura, it’s easy to understand why the inventory of luxury properties for sale is falling. Contact me, Scott Patterson, today to learn about available listings in Aventura, as well as our other beautiful South Forida communities, such as Hallandale and Golden Beach.