Surprisingly few homes right now … for sale … in Miami … are short sales and/or foreclosures … The numbers of distressed properties listed in the Multiple Listing Services (MLS) have dropped.
In Pinecrest, of the 144 single family homes listed for sale in the MLS (priced from $278,000 to $5.3 million), only 8 are listed as short sales, and only 2 of them are shown as foreclosures.
In Coral Gables, there are 276 single-family homes currently listed (priced from $259,000 and $18 million). Out of those 276 properties, 7 of them are short sales and only 1 of them is a foreclosure.
And in Palmetto Bay, of the 96 single family homes listed for sale (with asking prices ranging from $189,000 to just below $7 million ) 19 are short sales and there are no foreclosures.
If you would like to buy property, or list yours for sale, and are looking for an experienced real estate team, the Restivo’s specialize in Pinecrest, Coral Gables and Palmetto Bay and we would love to talk with you. Vicki & Alexandra … The Restivo Team 305 793-1365 restivo.v@ewm.com 305 632-0164 Call us … anytime!