For Sellers – Two Graphs That Scream List Your House Today

June 29, 2015June 29, 2015 ~ The ASSAL Team ~ Leave a comment

The spring and summer months have always been known as a very popular time for homebuyers to start the search for their dream home. This year is no different!

We all learned in school that when selling anything, you will get the most money if the demand for that item is high and the inventory of that item is low. It is the well-known Theory of Supply & Demand.

If you are thinking of selling your home, here are two graphs that strongly suggest that the time is now. Here is why…

DEMAND

According to NAR, “Foot Traffic has a strong correlation with future contracts and home sales, so it can be viewed as a peek ahead at sales trends two to three months into the future.”

According to research at the National Association of Realtors (NAR), buyer activity this year has far outpaced the same months in 2014. Purchasers who are ready, willing and able to buy are in the market at great numbers.

SUPPLY

The most recent Existing Home Sales Report from NAR revealed that the current supply of housing inventory is at a 5.1 month supply, which remains below the 6-months necessary for a normal market.

Buyer demand is far outpacing the supply of homes available for sale.

Bottom Line

Listing your house for sale when demand is high and supply is low will guarantee the offers made will truly reflect the true value of your property. Interested in selling your home or looking to buy one, give us a call today at 786.554.8063 or send us an email at george@georgeassal.com. We will look forward to hearing from you!

The Roads one of Miami’s most prestigious neighborhoods.

September 8, 2014 ~ The ASSAL Team ~ Leave a comment

The Roads is a neighborhood of Miami in Miami-Dade County, it is a triangular area located south of SW 11th Street, between SW 12th Avenue and SW 15th Road, just west of Brickell.

The Roads is known for its old homes, historic public schools, and its tree-covered streets. The Roads is very close to Downtown and Brickell, but is a historically residential neighborhood. It is also off the normal Miami street grid, and thus all the streets in The Roads are named roads, instead of streets and avenues, as is the case in the rest of Miami. Since 1986, the Miami Roads Neighborhood Civic Association has worked on a variety of projects to support the neighborhood.

The Roads neighborhood is served by the Miami Metrorail at the Vizcaya station to the south and by the Brickell station to the north.

The Roads – triangular area located south of SW 11th Street, between SW 12th Avenue and SW 15th Road, just west of Brickell

The Roads, originally called “Brickell Hammock” was designed, platted and developed by Mary Brickell in January 1922 days before her death. Mary Brickell had designed the Roads as a pedestrian-friendly neighborhood, with wide streets with median parkways and roundabouts with native Miami plants. Mary Brickell gave the streets, parkways, sidewalks, and electric lighting to the City of Miami in 1922. All the properties were sold in a single day on February 1, 1923.

For Sale – Sold – Pending Sale

The Roads is also an entire off-grid plan section of the city of Miami. The streets and avenues in Miami-Dade County are aligned to a grid, where streets run east-west and avenues run north-south. The roads that run from Broadway to SW 32nd Road are roughly 45 degrees out of alignment with the grid-plan. The avenues running perpendicular to these roads are also 45 degrees out of alignment with their respective avenues coming from the north. The avenues in this section run northeast-southwest rather than the standard north-south that the ones in the rest of the county follow. This causes an abrupt change in numerical designation as they cross SW 12th Avenue (SW 5th Avenue turns west and becomes SW 18th Street, SW 4th Avenue turns west and becomes SW 20th Street, SW 2nd Avenue turns west and becomes SW 22nd Street, etc.) The most well known example of this confusion is when historic Coral Way being SW 3rd Avenue, makes a 45 degree turn onto SW 22nd Street as it crosses over SW 12th Avenue.

Average Sold Price

The Roads is served by Metrobus and Trolley throughout the area, and by the Miami Metrorail at:

Brickell (SW 11th Street and SW 1st Avenue)
Vizcaya (SW 32nd Road and US1)

Metrorail has stops throughout Miami with service to Greater Miami and Miami International Airport, all Miami-Dade County bus lines, Tri-Rail and Amtrak. The main bus station in Downtown is located next to the Arsht Center at the Adrienne Arsht Center Station.

Average days on Market

For more information about The Roads please contact me directly

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Coral Gables a City Where Homes for Sales Keep Increasing

August 25, 2014August 25, 2014 ~ The ASSAL Team ~ Leave a comment

As the Real Estate market continues to build up in South Florida, Coral Gables luxury homes and condominiums properties are getting listed for sale at more than $1M, the highest number of 2014 sales was in June, representing a 21.4% increase over May and an incredible 278% increase when compared to January. When it comes to luxury real estate sales in South Florida, summer is anything but slow season, maybe not especially when prices increased alongside the number of properties sold.

The average price per square foot for a property sold in June was $476, up $13 from May and a full $85 per square foot from January. In fact, 55 properties were sold or under contract for sale in June, representing over 25% of the entire available inventory.

CG trend 07-2014 — 34 properties sold in June 33 of these were single-family homes.

Two projects are currently in pre-sale in Coral Gables:

-Merrick Manor, a 10-story, 180-unit development located adjacent to the famous Village of Merrick Park.

-Antilla Coral Gables, a 5-story, 45-unit project located in the northeastern corner of Coral Gables.

(If you need more info regarding either of this projects please contact me directly as I have direct communication with the developers)

For those that don’t know, Coral Gables is one of the nation’s earliest planned communities with a centralized business district, and is home to the iconic Biltmore hotel, one of only three national landmarks in Miami-Dade County. Coral Gables also has world-class shopping along Miracle Mile and the Village of Merrick Park, a diverse spectrum of art galleries, theaters and lots of fine dining establishments.

As a result, Coral Gables will continue to have in-demand properties that sell for a premium and should remain a sound investment.

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Real Estate Market Report | January – June 2014

August 19, 2014 ~ The ASSAL Team ~ Leave a comment

Investing in South Florida Real Estate? Here is all the information you need as Comparative Review of the Real Estate Market in South Florida. If you are undecided but interested in Investing South Florida real Estate and might already know that is time to buy, contact me immediately I will guide you to the right direction

Click here to view the Real Estate Market Report | January – June 2014

More than 100 units SOLD in…

May 22, 2012 ~ The ASSAL Team ~ Leave a comment

Downtown Miami and Miami Beach area…

Status	Complex Name	Address	List Price	Sale Price
CS	1500 Ocean Drive	1500 OCEAN DR # 1209	695,000	650,000
CS	1800 CLUB	1800 N BAYSHORE DR # 1211	319,500	295,000
CS	1800 Club	1800 N BAYSHORE DR # 2312	385,000	370,000
CS	1800 Collins Av Condo	1800 COLLINS AV # 9F	425,000	375,000
CS	23 BISCAYNE BAY	601 NE 23 ST # 1006	270,196	270,196
CS	23 BISCAYNE BAY	601 NE 23 ST # 905	309,363	309,363
CS	23 BISCAYNE BAY	601 NE 23 ST # 1105	315,675	315,675
CS	23 BISCAYNE BAY	601 NE 23 ST # 1603	364,778	364,778
CS	360 Condominium	7900 HARBOR ISLAND DR # 1003	215,000	220,000
CS	360 Condominium	7914 HARBOR ISLAND DR # 302-C	350,000	350,000
CS	360 DEVELOPERS	7900 HARBOR ISLAND DR # 1406	275,000	225,000
CS	5700 Seacoast	5700 COLLINS AV # 3J	279,000	260,000
CS	900 Biscayne bay	900 BISCAYNE BL # 5209	819,000	800,000
CS	AKOYA	6365 COLLINS AV # 3202	720,000	700,000
CS	Akoya	6365 COLLINS AV # TS-09	1,049,000	970,000
CS	AKOYA CONDO	6365 COLLINS AV # 1108	575,000	550,000
CS	Akoya Condo	6365 COLLINS AV # 3901	950,000	900,000
CS	Arlen Beach Condo	5701 COLLINS AV # 819	212,500	202,000
CS	Baylights	1910 Bay Drive # PH3	675,000	640,000
CS	Bayview Plaza Condo	1621 BAY RD # 1202	420,000	380,000
CS	BEL-AIRE ON THE OCEAN CON	6515 COLLINS AV # 808	535,000	325,000
CS	Belle Plaza Condo	20 ISLAND AV # 1511	319,900	300,000
CS	BISCAYNE 21 CONDO	2121 N BAYSHORE DR # 409	295,000	259,000
CS	BISCAYNE BAY CONDO	900 BISCAYNE BL # 2708	575,000	555,000
CS	BLUE CONDO	601 NE 36 ST # 2009	210,000	215,000
CS	BLUE DIAMOND CONDO	4779 COLLINS AV # 4007	990,000	940,000
CS	Canyon Ranch	6801 COLLINS AV # CR310	350,000	315,000
CS	Canyon Ranch	6801 COLLINS AV # 705	485,000	485,000
CS	Canyon Ranch	6899 COLLINS AV # 1409	550,000	475,000
CS	Canyon Ranch	6899 COLLINS AV # 1404	575,000	500,000
CS	Canyon Ranch	6899 COLLINS AV # 1508	1,185,000	1,060,000
CS	CANYON RANCH	6799 COLLINS AV # 1905	1,299,000	1,301,000
CS	Canyon Ranch	6899 COLLINS AV # 1501	1,299,900	1,250,000
CS	Canyon Ranch	6799 COLLINS AV # COMBO	5,000,000	4,122,500
CS	Canyon Ranch Living	6801 COLLINS AV # 311	299,000	295,000
CS	Canyon Ranch North Tower	6899 COLLINS AV # 909	395,000	372,000
CS	Canyon Ranch North Tower	6899 COLLINS AV # 1801	1,550,000	1,399,000
CS	Canyon Ranch North Tower	6899 COLLINS AV # 1406	1,960,000	1,625,000
CS	Casa40	1061 MICHIGAN AV # 3	399,900	388,500
CS	Cite	2000 N BAYSHORE DR # 625	219,000	180,000
CS	CITE ON THE BAY	2000 N BAYSHORE DR # 410	349,900	345,000
CS	CONTINUUM NORTH TOWER	50 S POINTE DR # 506	874,999	799,000
CS	Costa Brava	11 ISLAND AV # 1908	410,000	388,000
CS	Costa Brava	11 ISLAND AV # 1712	625,000	585,000
CS	Crystal House	5055 COLLINS AV # 5L	325,000	295,000
CS	Flamingo South Beach	1500 BAY RD # 448S	299,900	300,000
CS	Fontainebleau II	4441 COLLINS AV # 1708	400,000	388,000
CS	FONTAINEBLEAU II TRESOR	4401 COLLINS # 1716	425,000	400,000
CS	FONTAINEBLEAU IIISORRENTO	4391 COLLINS AV # 819	479,000	455,000
CS	FONTAINEBLEAU IIISORRENTO	4391 COLLINS AV # 1606	499,000	456,000
CS	Green Diamond	4775 COLLINS AV # 4002	1,190,000	1,090,000
CS	Green Diamond	4775 COLLINS AV # TS4404	2,420,000	2,200,000
CS	GREEN DIAMOND CONDO	4775 Collins Ave # 1901	1,200,000	1,217,000
CS	IL VILLAGGIO	1455 OCEAN DR # 601	795,000	795,000
CS	IOS ON THE BAY	720 NE 62 ST # 408	220,000	217,000
CS	IOS on the Bay	720 NE 62 ST # 311	299,000	315,000
CS	IOS on the Bay	720 NE 62 ST # 105	355,000	352,000
CS	IOS ON THE BAY	720 NE 62 ST # 412	400,000	389,000
CS	IOS on the Bay	720 NE 62 ST # 312	405,000	389,000
CS	Jockey Club Tower III	11111 BISCAYNE BL # 1552	219,000	224,000
CS	L EXCELLENCE	5757 COLLINS AV # 2102	669,900	635,000
CS	LA TOUR CONDO	4201 COLLINS AV # 1102	647,500	610,000
CS	Maison Grande	6039 COLLINS AV # 1006	208,000	180,000
CS	Maison Grande	6039 COLLINS AV # 805	229,500	229,500
CS	MAISON GRANDE	6039 COLLINS AV # 827	230,000	185,000
CS	MAISON GRANDE	6039 COLLINS AV # 1102	325,000	316,000
CS	MAISON GRANDE	6039 COLLINS AV # 617	394,900	375,000
CS	MAISON GRANDE CONDO	6039 COLLINS AV # 615	246,000	233,000
CS	MAISON GRANDE CONDOMINIUM	6039 COLLINS AV # PH-22	208,000	204,000
CS	Mar del Plata Condo	6423 COLLINS AV # 1006	660,000	590,000
CS	MARINA BLUE	888 BISCAYNE BL # 4303	308,329	306,000
CS	Marina Blue	888 BISCAYNE BL # 1812	376,821	386,829
CS	Marina Blue	888 BISCAYNE BL # 1901	381,960	386,000
CS	MARINABLUE	888 BISCAYNE BL # 4112	385,000	345,000
CS	MEI CONDOMINIUM	5875 COLLINS AV # PH-7	1,150,000	1,100,000
CS	Michigan Place	1600 MICHIGAN AV # 8	599,000	594,000
CS	MIMOSA	4747 COLLINS AV # 1112	675,000	600,000
CS	Mirasol	2655 COLLINS AV # 909	325,000	300,000
CS	MOSAIC	3801 COLLINS AV # TH-3	1,890,000	1,850,000
CS	MOSAIC	3801 COLLINS AV # PH-1	3,750,000	3,200,000
CS	NINE ISLAND AV CONDO	9 ISLAND AV # 2314	785,000	750,000
CS	Ocean Blue	7600 COLLINS AV # 415	280,000	280,000
CS	Oceanside Plaza	5555 COLLINS AV # 11T	295,000	271,000
CS	PARAMOUNT BAY	2020 N Bayshore Drive # 2705	499,999	470,000
CS	Paramount Bay	2020 N Bayshore # 2404	515,000	500,000
CS	PARAMOUNT BAY	2020 N BAYSHORE DR # 4102	1,499,000	1,335,000
CS	PARC PLAZA	1775 WASHINGTON AV # 12C	345,000	320,000
CS	Parc Plaza Condo	1775 WASHINGTON AV # 7B	310,000	268,000
CS	PARK BEACH CLUB	7832 COLLINS AV # 402	225,000	208,500
CS	Portugal Towers	3200 COLLINS AV # 9-7	250,000	245,000
CS	Quantum	1900 N BAYSHORE DR # 3401	425,000	415,000
CS	QUANTUM ON THE BAY	1900 N BAYSHORE DR # 1403	220,000	215,000
CS	QUANTUM ON THE BAY	1900 N BAYSHORE DR # 4307	249,000	235,000
CS	QUANTUM ON THE BAY	1900 N BAYSHORE DR # 5106	590,000	545,000
CS	QUANTUM ON THE BAY	1900 N BAYSHORE DR # 4315	649,000	630,000
CS	RIVIERA CONDO	2401 COLLINS AV # 405	399,900	399,900
CS	RONEY PALACE	2301 COLLINS AV # 1615	489,000	455,000
CS	RONEY PALACE	2301 COLLINS AV # 1216	549,000	500,000
CS	Roney Palace Condo	2301 COLLINS AV # 1009	999,000	920,000
CS	Roney Place Condo	2301 COLLINS AV # 815	264,900	310,000
CS	ROYAL EMBASY	5750 COLLINS AV # 14J	269,000	274,000
CS	Seacoast 5151	5151 COLLINS AV # 524	510,000	485,000
CS	SEACOAST 5151	5151 COLLINS AV # 1030	545,000	538,000
CS	SETAI	101 20 ST # 2002	1,559,500	1,480,000
CS	sunset harbour	1900 SUNSET HARBOUR DR # 915	395,000	368,500
CS	Sunset Harbour South	1800 SUNSET HARBOUR DR # 1812	975,000	950,000
CS	Terra Beachside	6000 Collins # 519	625,000	575,000
CS	Terra Beachside	6000 Collins Avenue # 514	895,000	750,000
CS	Terra Beachside Villas	6000 Collins Avenue # 312	549,000	530,000
CS	The Alexander	5225 COLLINS AV # 1518	399,000	359,100
CS	The Alexander Condo	5225 COLLINS AV # 1516	325,000	297,000
CS	The Bath Club	5959 COLLINS AV # 606	1,749,999	1,506,000
CS	The Caribbean	3737 COLLINS AV # S-1601	1,990,000	1,920,000
CS	THE CARRIAGE HOUSE CONDO	5401 COLLINS AV # 342	219,000	215,000
CS	THE CARRIAGE HOUSE CONDO	5401 COLLINS AV # 820	539,000	500,000
CS	THE COLLINS	6917 COLLINS AV # 1502	415,000	410,000
CS	The Corinthian	5825 COLLINS AV # 5A	365,000	307,500
CS	THE EXECUTI VE	4925 COLLINS AV # 5A	630,000	580,000
CS	THE FLORIDIAN CONDO	650 WEST AV # 2209	400,000	481,000
CS	THE GEORGIAN CONDO	1623 COLLINS AV # 312	295,000	295,000
CS	The Grand	1717 N BAYSHORE DR # A-1942	249,000	234,500
CS	THE GRAND	1717 N BAYSHORE DR # 2741	325,000	315,000
CS	THE GRAND	1717 N BAYSHORE DR # A-2751	329,900	330,000
CS	THE GRAND FKA VENETIA	1717 N BAYSHORE DR # A-1556	445,550	375,000
CS	The Lexi	1700 KENNEDY CA # 1008	379,000	375,000
CS	THE PAVILION CONDO	5601 COLLINS AV # 1117	225,000	205,000
CS	The Roney Palace	2301 COLLINS AV # 1024	449,000	390,000
CS	The Setai	101 20 ST # 2301	1,725,000	1,700,000
CS	The Setai	101 20 ST # 2606	2,200,000	2,450,000
CS	The Vistas	1 CENTURY LN # 305	399,000	365,000
CS	THE WAVERLY	1330 WEST AV # 3014	525,000	515,000
CS	Triton Tower	2899 COLLINS AV # 449	250,000	225,000
CS	w south beach residence	2201 collins # 1722	1,980,000	1,900,000
CS	WEST BAY PLAZA	1688 WEST AV # 503	220,000	181,000

If you are considering listing your Brickell, Coconut Grove, Coral Gables, Pinecrest, Palmetto Bay, Doral, Miami Shores, Miami-Dade property for sale or rent please don’t hesitate to contact me. The market is changing and I would be happy to discuss the current value of your home with you. I can be reached on my cell at 786.554.8063

Shopping for a Real Estate Agent? Thinking of Selling/Buying?

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DORAL Sales in the past 30 days

May 22, 2012 ~ The ASSAL Team ~ Leave a comment

Inventory is getting tighter and tighter… is time to buy

Shopping for a Real Estate Agent? Thinking of Selling/Buying?

Contact me

GROVE AT GRAND BAY

May 16, 2012 ~ The ASSAL Team ~ Leave a comment

If there were one place you could live the rest of your life, what would it feel like? Where would it be?

At the edge of Biscayne Bay, discover a restorative retreat for the mind, healthful activities for the body, and elegant spaces for social connection. Find life at home as it should be, naturally in balance.

Owners of Grove at Grand Bay’s 97 elegant residences will enjoy exceptional features, services and amenities

Grove at Grand Bay has been conceived as a community that speaks to people who seek a home and community that reflects the luxury of well lived. Its setting on the Biscayne Bay waterfront within the elegant Coconut Grove neighborhood of Miami, is a place of privilege, natural beauty, and historic importance.

The developer of Grove at Grand Bay, Terra Group, retained two of the world’s most imaginative and accomplished design firms to create a residential community that embraces and enhances the natural sophistication of this unique setting. BIG Architects has designed the residences and amenity spaces, and Raymond Jungles has designed the property’s landscaping. The expertise of the architectural firm of Nichols, Brosch, Wrust, Wolfe + Associates will ensure faithful implementation of these designs.

Just minutes from the elegant streets of Coconut Grove, Miami’s finest restaurateurs, elite sporting venues and events, and renowned cultural institutions offers pleasure and excitement.

Ancient trees line the streets of Coconut Grove, their canopies gently filtering the sun, their deep roots holding the stories of Miami’s most historic neighborhood. The Vizcaya Museum & Gardens and the Barnacle Historic State Park are reminders of this community’s enduring elegance.

If you are considering listing your Brickell, Coconut Grove, Coral Gables, Pinecrest, Palmetto Bay, Doral, Miami Shores, Miami property for sale please don’t hesitate to contact me. The market is changing and I would be happy to discuss the current value of your home with you. I can be reached on my cell at 786.554.8063

Shopping for a Real Estate Agent? Thinking of Selling/Buying?

Contact me

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