Everyone has questions when it comes to selling property. The real estate market can be an uncertain place without the right guidance. We’ve put together a four-part series that answers 12 frequently asked questions about selling your property. Below, you’ll find the answers to the first three frequently asked questions.
Q: What is the best time to sell my Coconut Grove property?
A: The second and third quarters of each year deliver the highest number of properties sold. This market activity will affect the quality of your offers.
Q: Do I have to tell my Realtor why I’m selling my property?
A: No. A good Realtor should never ask you that question. Selling your home is a business decision. A Realtor is hired to sell your property with the very specific objective of selling at the highest price in the least amount of time.
Q: What is the average sales price per square foot in Coconut Grove?
A: An average sales price is only relevant for the same type of product. For example, the square-foot price of a bungalow built in 1950 on a 12,000-square-foot lot will not be the same as new construction on a 7,000-square-foot lot. Coconut Grove properties are highly diverse. A median price is more accurate to evaluate the market as a whole. Average prices are only accurate for properties located in the same sub-market with similar characteristics. Square footage, number of bedrooms and baths, lot size, and architectural style affect your listing price.
Alba Biondi and Isabelle Andrews have been the #1 Top Producing team in the EWM/Christie’s International office in Coconut Grove for the last 4 years. We live in the Grove and publish the Coconut Grove Real Estate Journal, which gives you the current data and trends for this market. This journal can be found on our website, groveexperts.com. Our office is located in the Grove at 3560 Main Hwy Coconut Grove, FL 33133. If you are looking to buy or sell real estate in Coconut Grove, contact us. We will make sure you reach your goals!
Isabelle Andrews 305.546.5421 English/French
Alba Biondi 305.323.2595 English/Spanish/Italian
theteam(at)groveexperts(dotted)com
