Yesterday there was yet another prediction report by a major research company that stated that it won’t be until 2011 until we see the market turning around, well what I believe is fact not fiction.
FACT: There were 53 closed condo units that closed in Aventura between January 1, 2009 and January 31, 2009. In the same period a year ago, only 44 condos sold.
FACT: Between January 1, 2009 and January 31, 2009 – 218 condos in the Aventura were listed for sale. In the same period a year ago, there were only 48 condos that were listed.
FACT: In the month of January 2009 of all the 218 condos that came on the market, 28 were short sales and 7 were Bank owned foreclosures. In the same period in 2008: 10 were short sales and none were bank owned foreclosures.
FACT: In the month of January 2009 the average price of a condo that sold was $303,997. A year ago for the same period the average price of a condo that sold was $490,098.
The analysis is there for all to see. More properties are still coming on the market but there are Buyers out there seeing the value and getting off the fence to buy. It will be interesting as we track these same statistics month on month, and year on year if we will continue to see a rise in closed sales, whether the average price will stay stable go up or go down? And whether ultimately we have hit bottom or are still on the way down.
Thursday, February 12, 2009
Monday, February 9, 2009
Great Opportunity to buy at Turnberry, Aventura
When one thinks about Aventura, Florida the first two things that usually pops up in their minds is the world famous Turnberry Golf course, which just underwent a $40 million renovation and the Aventura mall – a indoor mecca of over 2.8 million sf of shopping, dining and entertainment.
Living in the city of Aventura is fantastic. It is literally 5 minutes from the beach, 15 minutes from airports and 20-25 minutes from South Beach. But for most, Aventura offers such a great life both day and night that you don’t really need to travel far to have fun!!!
Two to three years ago, 2 bedroom apartments at Turnberry went for over $400,000. Some reached as high as $650k. Today with the decrease in property values, you can get some amazing deals.
Check out this 2 bed 2 bath condo which is over 1500 sf and has a huge terrace. Located on the 4th floor you can enjoy views of the fountain, tennis courts and marina. During the high, the same unit on the 8th floor sold for $475,000. This unit is priced to sell at only $259,000 and is the lowest priced 2 bedroom in the building. Turnberry North Tower, which is located at the end of Turnberry Island has recently undergone a huge renovation and features a stunning lobby, new media room, new gym, new party rooms, lounges and conference room.
This condo is within walking distance to the golf course, Aventura mall and houses of worship. The building is located on the Intracoastal and is perfect for boaters as you dock your boat at your front door in the Turnberry marina.
Here are some pictures of the living room, dining area and huge terrace.
Living in the city of Aventura is fantastic. It is literally 5 minutes from the beach, 15 minutes from airports and 20-25 minutes from South Beach. But for most, Aventura offers such a great life both day and night that you don’t really need to travel far to have fun!!!
Two to three years ago, 2 bedroom apartments at Turnberry went for over $400,000. Some reached as high as $650k. Today with the decrease in property values, you can get some amazing deals.
Check out this 2 bed 2 bath condo which is over 1500 sf and has a huge terrace. Located on the 4th floor you can enjoy views of the fountain, tennis courts and marina. During the high, the same unit on the 8th floor sold for $475,000. This unit is priced to sell at only $259,000 and is the lowest priced 2 bedroom in the building. Turnberry North Tower, which is located at the end of Turnberry Island has recently undergone a huge renovation and features a stunning lobby, new media room, new gym, new party rooms, lounges and conference room.
This condo is within walking distance to the golf course, Aventura mall and houses of worship. The building is located on the Intracoastal and is perfect for boaters as you dock your boat at your front door in the Turnberry marina.
Here are some pictures of the living room, dining area and huge terrace.
Check out more pictures of the lobby, media room, gym etc by clicking here.
If you need more information call the Golan Team at 786-271-1235.
Thursday, February 5, 2009
THE GOLAN TEAM ANNOUNCES ITS NEW LOCATION
THE GOLAN TEAM ARE ON THE MOVE
The Golan Team, which has long been associated with the selling, purchasing and leasing of luxury Oceanfront and Intracoastal front Real Estate in Miami Beach, Bal Harbour, Sunny Isles, Aventura and Hollywood are pleased to announce their new affiliation with Keller Williams Realty.
“The Keller Williams Belief system of
Win-Win - Or no deal
Integrity - Do the right thing
Customers - Always come first
Commitment - In all things
Communication - Seek first to understand
Creativity - Ideas before results
Teamwork - Together everyone achieves more
Trust - Starts with honesty
Success - Results through people
exactly mirror and matches that of the Golan Team.” Debra continues, “our clients have come to expect that extra level of service and attention and we found that same approach in Keller Williams.”
To contact the Golan Team please call 786-333-6200 or 786-271-1235 or visit us at www.golanteam.com.
The Golan Team, which has long been associated with the selling, purchasing and leasing of luxury Oceanfront and Intracoastal front Real Estate in Miami Beach, Bal Harbour, Sunny Isles, Aventura and Hollywood are pleased to announce their new affiliation with Keller Williams Realty.
“The Keller Williams Belief system of
Win-Win - Or no deal
Integrity - Do the right thing
Customers - Always come first
Commitment - In all things
Communication - Seek first to understand
Creativity - Ideas before results
Teamwork - Together everyone achieves more
Trust - Starts with honesty
Success - Results through people
exactly mirror and matches that of the Golan Team.” Debra continues, “our clients have come to expect that extra level of service and attention and we found that same approach in Keller Williams.”
To contact the Golan Team please call 786-333-6200 or 786-271-1235 or visit us at www.golanteam.com.
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