{"id":104875,"date":"2016-04-22T11:29:55","date_gmt":"2016-04-22T15:29:55","guid":{"rendered":"https:\/\/www.ewmrealestate.com\/blog\/?p=86039"},"modified":"2016-04-22T11:29:55","modified_gmt":"2016-04-22T15:29:55","slug":"miami-real-estate-trend-first-quarter-2016","status":"publish","type":"post","link":"https:\/\/ewmrealestate.com\/blog\/miami-real-estate-trend-first-quarter-2016\/","title":{"rendered":"Miami Real Estate Trend: First Quarter 2016"},"content":{"rendered":"<p><img class=\"aligncenter size-full wp-image-5016\" style=\"margin-bottom: -25px\" src=\"http:\/\/ashleycusack.com\/wp-content\/uploads\/2016\/04\/miami-real-estate-trends.jpg\" alt=\"Luxury Miami Real Estate\" width=\"600px\" align=\"middle\" \/><br \/>\nThe first quarter this year has shown the trend of inventory continuing to increase over what we had been seeing the past year.  I am currently holding about 23 listings and, on average, typically carry about 15 or so.  This is closely in line with what we are seeing in the market of $1-$2 million homes in area 41, which is predominantly made of Coconut Grove and Coral Gables.  My listings represent a 35% increase over what I have carried for the last couple of years, and the graph that you see above shows a 40% increase in the past year.<\/p>\n<p>The number of sales is only up 3% which definitely gives us an unbalanced number of closings compared to inventory.  The months of inventory are up 33% from the first quarter of 2015.  The average price per square foot is up slightly at 3%, but days on market is also up 32% from a year ago.  It went from 3 months to closer to 5 months.  That honestly feels like a shorter time than we are typically seeing these days.  We are selling, but it is a slower process and buyers are very happy to take back some power.<\/p>\n<p>If you need help buying or selling a home give Ashley Cusack a call at 305.798.8665, or visit her website at: <a title=\"Luxury Miami Real Estate\" href=\"http:\/\/ashleycusack.com\/\" target=\"_blank\">Luxury Miami Real Estate<\/a>.<\/p>\n<p><img class=\"aligncenter\" src=\"http:\/\/ashleycusack.com\/images\/ac-tag.png\" alt=\"Luxury Miami Real Estate\" align=\"middle\" \/><\/p>\n<p><em>My focused dedication as a realtor in my home town of Miami for over 25 years, consistently puts me at the top of my field. Whether you\u2019re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.<\/em><\/p>\n<p><em>As the #7 Realtor company-wide at EWM in 2014, my focus is on <a title=\"Coral Gables Real Estate\" href=\"http:\/\/ashleycusack.com\/neighborhoods\/coral-gables\/\" target=\"_blank\">Coral Gables<\/a>, <a title=\"Coconut Grove Real Estate\" href=\"http:\/\/ashleycusack.com\/neighborhoods\/coconut-grove\/\" target=\"_blank\">Coconut Grove<\/a>, <a title=\"Pinecrest Real Estate\" href=\"http:\/\/ashleycusack.com\/neighborhoods\/pinecrest\/\" target=\"_blank\">Pinecrest<\/a> and <a title=\"South Miami Real Estate\" href=\"http:\/\/ashleycusack.com\/neighborhoods\/south-miami\/\" target=\"_blank\">South Miami<\/a> \u2014 specializing in luxury real estate and waterfront properties. Call me today and let\u2019s get started!<\/em><\/p>\n<p>Don&#8217;t hesitate to reach out to me, Ashley Cusack at {305.798.8685, <a href=\"mailto:ashley@ashleycusack.com\">email<\/a> and <a href=\"http:\/\/ashleycusack.com\">website<\/a>}. EWM Realtors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The first quarter this year has shown the trend of inventory continuing to increase over what we had been seeing the past year. I am currently holding about 23 listings and, on average, typically carry about 15 or so. This is closely in line with what we are seeing in the market of $1-$2 million<\/p>\n<p class=\"more-link\"><a href=\"https:\/\/ewmrealestate.com\/blog\/miami-real-estate-trend-first-quarter-2016\/\" class=\"themebutton2\">Read More<\/a><\/p>\n","protected":false},"author":5385,"featured_media":130092,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_expiration-date-status":"","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"categories":[12269],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Miami Real Estate Trend: First Quarter 2016 - BHHS EWM Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ewmrealestate.com\/blog\/miami-real-estate-trend-first-quarter-2016\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Miami Real Estate Trend: First Quarter 2016 - BHHS EWM Realty\" \/>\n<meta property=\"og:description\" content=\"The first quarter this year has shown the trend of inventory continuing to increase over what we had been seeing the past year. I am currently holding about 23 listings and, on average, typically carry about 15 or so. This is closely in line with what we are seeing in the market of $1-$2 millionRead More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ewmrealestate.com\/blog\/miami-real-estate-trend-first-quarter-2016\/\" \/>\n<meta property=\"og:site_name\" content=\"BHHS EWM Realty\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/EWMRealtyInternational\" \/>\n<meta property=\"article:published_time\" content=\"2016-04-22T15:29:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHS-On-Solid-Background.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"376\" \/>\n\t<meta property=\"og:image:height\" content=\"376\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ashley Brinson Cusack\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ashley Brinson Cusack\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/miami-real-estate-trend-first-quarter-2016\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/miami-real-estate-trend-first-quarter-2016\/\"},\"author\":{\"name\":\"Ashley Brinson Cusack\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/0f8368ed2c45044ccb60b647e9ea6fca\"},\"headline\":\"Miami Real Estate Trend: First Quarter 2016\",\"datePublished\":\"2016-04-22T15:29:55+00:00\",\"dateModified\":\"2016-04-22T15:29:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/miami-real-estate-trend-first-quarter-2016\/\"},\"wordCount\":321,\"publisher\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#organization\"},\"articleSection\":[\"In The News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/miami-real-estate-trend-first-quarter-2016\/\",\"url\":\"https:\/\/ewmrealestate.com\/blog\/miami-real-estate-trend-first-quarter-2016\/\",\"name\":\"Miami Real Estate Trend: First Quarter 2016 - 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