Luxury Homes are Hot Along
The American Riviera
The national media would have you think that the luxury real estate market in America has gone cold. The reality would indicate otherwise. As far as Miami is concerned, cold must stand for Cold Hard Cash!
Ironically back in 1933, when the country was in the throes of the greatest economic catastrophe in our nation’s history, a young entrepreneur by the name Henderson Talbot had an idea. He identified the need for owners of high luxury homes throughout the country to promote their exquisite properties to buyers throughout the world. Prior to this, there was no specific resource for high end residential real estate sales. He seized upon the opportunity and traveled the country, developing the first strategic marketing platform for high end homes the world had ever seen. He would take numerous photographs of the homes with his 16mm camera and together with captivating and detailed descriptions of the homes, Mr. Talbot revolutionized an industry. He called the program Previews:
Today as back then, the Coldwell Banker Previews International name continues as the preeminent leader and benchmark for high luxury homes in America, and has transcended international borders to feature the most exquisite homes all over the world. Ironically as in the dawn of its origins, the need is just as great for exceptional properties to be featured and represented in ways befitting their status and by professionals that are equally suited to the task.
In Miami, the Coldwell Banker Previews International name features prominently throughout the luxury landscape. Here are some revealing numbers for homes offered at $1,000,000 or more to support this claim:
Available Homes - $1M+ = 970
$1M+ Homes Sold or Placed under Contract-Last 30 Days = 136Number of Months Inventory = 7.13
Closed Sales ($1M+) in Last 30 Days = 39
Closed Sales ($1M+)–Coldwell Banker Previews Intl= 10 (26%)
*as per Southeast Florida Multiple Listing Service
One in Four $1M+ Miami Homes Sold
Represented by
Coldwell Banker Previews International
A few Coldwell Banker Previews International
Properties Sold - Last 30 Days
Coconut Grove -3810 Battersea Rd
$1,300,000
1071 San Pedro Ave
$1,375,000
Coral Gables (Cocoplum) - 184 Paloma Dr
$2,300,000
Miami Beach - 1730 W 23 St
$5,600,000
Miami Beach - 68 La Gorce Cr
$6,500,000
Quality-Experience-Resources-Brand Recognition
Industry Leadership –Global Reach
Uncompromising Professionalism
These are the hallmarks of excellence. I am proud to serve my clients among such an exceptional community of professionals. If you are considering the sale or purchase of a home, I am honored to be at your service.